SWIFT/BIC code MGBZCHZ1XXX
MGBZCHZ1XXX belongs to Migros-Genossenschafts-Bund in Zurich, Switzerland.
Code details
| SWIFT/BIC code | MGBZCHZ1XXX |
|---|---|
| 8-character code | MGBZCHZ1 |
| Branch code | XXX |
| Bank | Migros-Genossenschafts-Bund |
| Branch | Head office |
| City | Zurich |
| Country | Switzerland |
How the Migros-Genossenschafts-Bund SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MGBZ Bank code
- 4 letters that identify the bank.
- CH Country code
- 2 letters for the country (ISO 3166).
- Z1 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 bank uses SWIFT/BIC code MGBZCHZ1XXX?
The code MGBZCHZ1XXX belongs to the head office of Migros-Genossenschafts-Bund in Zurich, Switzerland. It is the code to use when a payment to Migros-Genossenschafts-Bund does not need a specific branch.
Are MGBZCHZ1 and MGBZCHZ1XXX the same code?
Yes. MGBZCHZ1 is the short version of MGBZCHZ1XXX. XXX simply refers to the head office, so either version routes your payment to Migros-Genossenschafts-Bund in Zurich.
What do the letters in MGBZCHZ1XXX mean?
MGBZ is the institution code of Migros-Genossenschafts-Bund, CH is the ISO code of Switzerland, Z1 is the location code and XXX means the head office.
How long does it take to send money to Migros-Genossenschafts-Bund?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need MGBZCHZ1XXX to send euros to Switzerland?
Switzerland is part of the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need MGBZCHZ1XXX.
Does Migros-Genossenschafts-Bund use a single SWIFT/BIC code?
Yes – MGBZCHZ1XXX is the only SWIFT/BIC code listed for Migros-Genossenschafts-Bund in Switzerland, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.