SWIFT/BIC code GMGLAEA1XXX
GMGLAEA1XXX belongs to Gulf Merchant Group Llp in Dubai, United Arab Emirates.
Code details
| SWIFT/BIC code | GMGLAEA1XXX |
|---|---|
| 8-character code | GMGLAEA1 |
| Branch code | XXX |
| Bank | Gulf Merchant Group Llp |
| Branch | Head office |
| City | Dubai |
| Country | United Arab Emirates |
The way the Gulf Merchant Group Llp SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GMGL Bank code
- 4 letters that identify the bank.
- AE Country code
- 2 letters for the country (ISO 3166).
- A1 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
Which bank is behind SWIFT/BIC code GMGLAEA1XXX?
GMGLAEA1XXX identifies the headquarters of Gulf Merchant Group Llp in Dubai, United Arab Emirates. It is the code to use when a payment to Gulf Merchant Group Llp does not need a specific branch.
Which details do I need for a transfer to an account at Gulf Merchant Group Llp?
You need the SWIFT/BIC code GMGLAEA1XXX, the IBAN or local account number of the recipientand the name of the account holder. United Arab Emirates uses international SWIFT transfers, so the BIC is required.
What do the letters in GMGLAEA1XXX mean?
GMGL is the institution code of Gulf Merchant Group Llp, AE is the ISO code of United Arab Emirates, A1 is the code for the city or region and XXX means the head office.
How long does a transfer to Gulf Merchant Group Llp take?
A SWIFT payment usually takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often faster and cheaper.
What is the best way to send money to Gulf Merchant Group Llp in United Arab Emirates?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in United Arab Emirates Dirham with transfer services before you send – the difference can be large.
Is GMGLAEA1 and GMGLAEA1XXX the same code?
Yes. GMGLAEA1 is the short version of GMGLAEA1XXX. XXX simply means head office, so both will reach Gulf Merchant Group Llp in Dubai.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.