SWIFT/BIC code MARGSESSXXX
MARGSESSXXX belongs to Marginalen Bank Bankaktiebolag in Stockholm, Sweden.
Code details
| SWIFT/BIC code | MARGSESSXXX |
|---|---|
| 8-character code | MARGSESS |
| Branch code | XXX |
| Bank | Marginalen Bank Bankaktiebolag |
| Branch | Head office |
| City | Stockholm |
| Country | Sweden |
How the Marginalen Bank Bankaktiebolag SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MARG Bank code
- 4 letters that identify the bank.
- SE Country code
- 2 letters for the country (ISO 3166).
- SS 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 institution is behind SWIFT code MARGSESSXXX?
MARGSESSXXX identifies the main office of Marginalen Bank Bankaktiebolag in Stockholm, Sweden. It is the code to use when you send money to an account at Marginalen Bank Bankaktiebolag.
What do the letters in MARGSESSXXX stand for?
MARG is the institution code of Marginalen Bank Bankaktiebolag, SE is the ISO code of Sweden, SS is the location code and XXX means the head office.
Is MARGSESS and MARGSESSXXX the same SWIFT code?
Yes. MARGSESS is the 8-character version of MARGSESSXXX. The XXX at the end only refers to the head office, so either version will reach Marginalen Bank Bankaktiebolag in Stockholm.
How long does a transfer to Marginalen Bank Bankaktiebolag take in Sweden?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Do I need MARGSESSXXX to send euros to Sweden?
Sweden belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need MARGSESSXXX.
What is the best way to send money to Marginalen Bank Bankaktiebolag in Sweden?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Swedish Krona with specialist providers 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.