SWIFT/BIC code BMDRMYK1XXX
BMDRMYK1XXX belongs to Bursa Malaysia Derivatives Clearing Berhad in Kuala Lumpur, Malaysia.
Code details
| SWIFT/BIC code | BMDRMYK1XXX |
|---|---|
| 8-character code | BMDRMYK1 |
| Branch code | XXX |
| Bank | Bursa Malaysia Derivatives Clearing Berhad |
| Branch | Head office |
| City | Kuala Lumpur |
| Country | Malaysia |
How the Bursa Malaysia Derivatives Clearing Berhad SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BMDR Bank code
- 4 letters that identify the bank.
- MY Country code
- 2 letters for the country (ISO 3166).
- K1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses SWIFT code BMDRMYK1XXX?
BMDRMYK1XXX identifies the main office of Bursa Malaysia Derivatives Clearing Berhad in Kuala Lumpur, Malaysia. Use it when you send money to an account at Bursa Malaysia Derivatives Clearing Berhad.
What happens if I use BMDRMYK1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check BMDRMYK1XXX with the recipient before sending.
Does Bursa Malaysia Derivatives Clearing Berhad use only one SWIFT/BIC code?
Yes, BMDRMYK1XXX is the single SWIFT/BIC code we have for Bursa Malaysia Derivatives Clearing Berhad in Malaysia, so there is no branch code to choose.
How long does it take to send money to Bursa Malaysia Derivatives Clearing Berhad in Malaysia?
A SWIFT payment usually takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
Which details do I need to send money to an account at Bursa Malaysia Derivatives Clearing Berhad?
You need the SWIFT/BIC code BMDRMYK1XXX, the account number or IBAN of the recipientand the name of the account holder. Malaysia is not part of SEPA, so always include the BIC.
What does each part of BMDRMYK1XXX mean?
BMDR is the institution code of Bursa Malaysia Derivatives Clearing Berhad, MY is the ISO code of Malaysia, K1 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.