SWIFT/BIC code MGANCHG1XXX
MGANCHG1XXX belongs to Mag Asset Management SA in Geneva, Switzerland.
Code details
| SWIFT/BIC code | MGANCHG1XXX |
|---|---|
| 8-character code | MGANCHG1 |
| Branch code | XXX |
| Bank | Mag Asset Management SA |
| Branch | Head office |
| City | Geneva |
| Country | Switzerland |
How the Mag Asset Management SA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MGAN Bank code
- 4 letters that identify the bank.
- CH Country code
- 2 letters for the country (ISO 3166).
- G1 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 MGANCHG1XXX?
MGANCHG1XXX is the SWIFT/BIC code of the main office of Mag Asset Management SA in Geneva, Switzerland. Use it when you send money to an account at Mag Asset Management SA.
What happens if I use MGANCHG1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MGANCHG1XXX with the recipient before you confirm.
What does each part of MGANCHG1XXX mean?
MGAN is the bank code of Mag Asset Management SA, CH is the ISO code of Switzerland, G1 is the location code and XXX marks the head office.
Does Mag Asset Management SA have a single SWIFT/BIC code?
Yes – MGANCHG1XXX is the single SWIFT/BIC code we have for Mag Asset Management SA in Switzerland, so you do not need to pick a branch code.
What is the cheapest way to send money to Mag Asset Management SA?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Swiss Franc with transfer services before you send – the difference can be large.
Is MGANCHG1 and MGANCHG1XXX the same SWIFT code?
Yes, they are. MGANCHG1 is the 8-character version of MGANCHG1XXX. The XXX at the end only refers to the head office, so either version will reach Mag Asset Management SA in Geneva.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.