SWIFT/BIC code MGAGAU21XXX
MGAGAU21XXX belongs to Magellan Asset Management in Sydney, Australia.
Code details
| SWIFT/BIC code | MGAGAU21XXX |
|---|---|
| 8-character code | MGAGAU21 |
| Branch code | XXX |
| Bank | Magellan Asset Management |
| Branch | Head office |
| City | Sydney |
| Country | Australia |
How the Magellan Asset Management SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MGAG Bank code
- 4 letters that identify the bank.
- AU 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
What bank is behind BIC MGAGAU21XXX?
The code MGAGAU21XXX belongs to the main office of Magellan Asset Management in Sydney, Australia. Use it when a payment to Magellan Asset Management does not need a specific branch.
Are MGAGAU21 and MGAGAU21XXX the same code?
Yes, they are. MGAGAU21 is the short version of MGAGAU21XXX. XXX simply means head office, so either version will reach Magellan Asset Management in Sydney.
What happens if I enter MGAGAU21XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MGAGAU21XXX with the recipient before sending.
What is the best way to send money to Magellan Asset Management?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Australian Dollar with specialist providers before you send.
Does Magellan Asset Management have other SWIFT/BIC codes?
Yes, we list 2 SWIFT/BIC codes for Magellan Asset Management in Australia. All of them are listed on the page of Magellan Asset Management.
How long does a transfer to Magellan Asset Management take in Australia?
An international SWIFT transfer usually takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.