SWIFT/BIC code MCGONZ21XXX
MCGONZ21XXX belongs to Merchant Credit and Guarantee Corporation Limited in Auckland, New Zealand.
Code details
| SWIFT/BIC code | MCGONZ21XXX |
|---|---|
| 8-character code | MCGONZ21 |
| Branch code | XXX |
| Bank | Merchant Credit and Guarantee Corporation Limited |
| Branch | Head office |
| City | Auckland |
| Country | New Zealand |
How the Merchant Credit and Guarantee Corporation Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MCGO Bank code
- 4 letters that identify the bank.
- NZ Country code
- 2 letters for the country (ISO 3166).
- 21 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 uses SWIFT/BIC code MCGONZ21XXX?
MCGONZ21XXX identifies the head office of Merchant Credit and Guarantee Corporation Limited in Auckland, New Zealand. Use it when you send money to an account at Merchant Credit and Guarantee Corporation Limited.
What happens if I use MCGONZ21XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check MCGONZ21XXX with the recipient before you confirm.
What do I need to send money to an account at Merchant Credit and Guarantee Corporation Limited?
You need the SWIFT/BIC code MCGONZ21XXX, the IBAN or local account number of the recipientand the name of the account holder. New Zealand is not part of SEPA, so the BIC is required.
What does each part of MCGONZ21XXX mean?
MCGO is the bank code of Merchant Credit and Guarantee Corporation Limited, NZ is the ISO code of New Zealand, 21 is the code for the city or region and XXX means the head office.
Is MCGONZ21 and MCGONZ21XXX the same SWIFT code?
Yes. MCGONZ21 is the short version of MCGONZ21XXX. XXX simply means head office, so either version routes your payment to Merchant Credit and Guarantee Corporation Limited in Auckland.
How long does it take to send money to Merchant Credit and Guarantee Corporation Limited in New Zealand?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.