SWIFT/BIC code CLMDMGM10MT
CLMDMGM10MT belongs to Bni Madagascar in Toamasina, Madagascar.
Code details
| SWIFT/BIC code | CLMDMGM10MT |
|---|---|
| 8-character code | CLMDMGM1 |
| Branch code | 0MT |
| Bank | Bni Madagascar |
| Branch | — |
| City | Toamasina |
| Country | Madagascar |
How the Bni Madagascar SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CLMD Bank code
- 4 letters that identify the bank.
- MG Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- 0MT 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
Which branch is behind SWIFT/BIC code CLMDMGM10MT?
The code CLMDMGM10MT belongs to Bni Madagascar, a branch or department of Bni Madagascar in Toamasina, Madagascar. Use this branch code only when the account is held at this specific branch.
What happens if I use CLMDMGM10MT with a typo?
The payment may be delayed, returned or charged extra fees. Always check CLMDMGM10MT with the recipient before sending.
What does each part of CLMDMGM10MT mean?
CLMD is the institution code of Bni Madagascar, MG stands for Madagascar, M1 is the location code and 0MT identifies the department Bni Madagascar.
What is the cheapest way to send money to Bni Madagascar?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Madagascar with transfer services before you send.
Can I use CLMDMGM1 instead of CLMDMGM10MT?
CLMDMGM1 points to the main office of Bni Madagascar, while CLMDMGM10MT points to Bni Madagascar. For a normal transfer the head office code is usually fine, yet use CLMDMGM10MT if the recipient asks for it.
How long does a transfer to Bni Madagascar take?
A SWIFT payment usually takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.