SWIFT/BIC code IBDOMEP1XXX
IBDOMEP1XXX belongs to Ibankment Doo in Podgorica, Montenegro.
Code details
| SWIFT/BIC code | IBDOMEP1XXX |
|---|---|
| 8-character code | IBDOMEP1 |
| Branch code | XXX |
| Bank | Ibankment Doo |
| Branch | Head office |
| City | Podgorica |
| Country | Montenegro |
The way the Ibankment Doo SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IBDO Bank code
- 4 letters that identify the bank.
- ME Country code
- 2 letters for the country (ISO 3166).
- P1 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 IBDOMEP1XXX?
The code IBDOMEP1XXX belongs to the head office of Ibankment Doo in Podgorica, Montenegro. Use it when a payment to Ibankment Doo does not need a specific branch.
Is IBDOMEP1 and IBDOMEP1XXX the same code?
Yes, they are. IBDOMEP1 is the short version of IBDOMEP1XXX. XXX simply refers to the head office, so either version will reach Ibankment Doo in Podgorica.
What do the letters in IBDOMEP1XXX stand for?
IBDO is the institution code of Ibankment Doo, ME is the ISO code of Montenegro, P1 is the location code and XXX marks the head office.
Which details do I need to send money to an account at Ibankment Doo?
Have ready the SWIFT/BIC code IBDOMEP1XXX, the IBAN or local account number of the recipientand the name of the account holder. Montenegro uses international SWIFT transfers, so the BIC is required.
How long does a transfer to Ibankment Doo take in Montenegro?
A SWIFT payment usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster than a bank.
What is the cheapest way to send money to Ibankment Doo?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.