SWIFT/BIC code MDRSPHM1XXX
MDRSPHM1XXX belongs to Mdr Securities, Inc in Manila, Philippines.
Code details
| SWIFT/BIC code | MDRSPHM1XXX |
|---|---|
| 8-character code | MDRSPHM1 |
| Branch code | XXX |
| Bank | Mdr Securities, Inc |
| Branch | Head office |
| City | Manila |
| Country | Philippines |
How the Mdr Securities, Inc SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MDRS Bank code
- 4 letters that identify the bank.
- PH Country code
- 2 letters for the country (ISO 3166).
- M1 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
What bank is behind SWIFT/BIC code MDRSPHM1XXX?
The code MDRSPHM1XXX belongs to the head office of Mdr Securities, Inc in Manila, Philippines. It is the code to use when you send money to an account at Mdr Securities, Inc.
Are MDRSPHM1 and MDRSPHM1XXX the same code?
Yes, they are. MDRSPHM1 is the short version of MDRSPHM1XXX. XXX simply means head office, so either version will reach Mdr Securities, Inc in Manila.
What is the cheapest way to send money to Mdr Securities, Inc in Philippines?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Philippine Peso with specialist providers before you send – the difference can be large.
What happens if I enter MDRSPHM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MDRSPHM1XXX against the details from Mdr Securities, Inc before sending.
Which details do I need to send money to an account at Mdr Securities, Inc?
You need the SWIFT/BIC code MDRSPHM1XXX, the IBAN or local account number of the recipientand the name of the account holder. Philippines is not part of SEPA, so always include the BIC.
What does each part of MDRSPHM1XXX stand for?
MDRS is the bank code of Mdr Securities, Inc, PH is the ISO code of Philippines, M1 is the location code and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.