SWIFT/BIC code MEMDTRI1XXX
MEMDTRI1XXX belongs to Med Menkul Degerler in Istanbul, Türkiye.
Code details
| SWIFT/BIC code | MEMDTRI1XXX |
|---|---|
| 8-character code | MEMDTRI1 |
| Branch code | XXX |
| Bank | Med Menkul Degerler |
| Branch | Head office |
| City | Istanbul |
| Country | Türkiye |
How the Med Menkul Degerler SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MEMD Bank code
- 4 letters that identify the bank.
- TR Country code
- 2 letters for the country (ISO 3166).
- I1 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 BIC MEMDTRI1XXX?
MEMDTRI1XXX is the SWIFT/BIC code of the main office of Med Menkul Degerler in Istanbul, Türkiye. Use it when you send money to an account at Med Menkul Degerler.
How long does it take to send money to Med Menkul Degerler?
An international SWIFT transfer typically takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often faster and cheaper.
What does each part of MEMDTRI1XXX mean?
MEMD is the bank code of Med Menkul Degerler, TR is the ISO code of Türkiye, I1 is the location code and XXX means the head office.
Which details do I need to send money to an account at Med Menkul Degerler?
You need the SWIFT/BIC code MEMDTRI1XXX, the IBAN or local account number of the recipient, their full name and address. Türkiye is not part of SEPA, so the BIC is required.
Are MEMDTRI1 and MEMDTRI1XXX the same SWIFT code?
Yes. MEMDTRI1 is the 8-character version of MEMDTRI1XXX. The XXX at the end only refers to the head office, so both routes your payment to Med Menkul Degerler in Istanbul.
What happens if I enter MEMDTRI1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check MEMDTRI1XXX with the recipient before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.