SWIFT/BIC code MGFSCY21XXX
MGFSCY21XXX belongs to M.g.t.m. Financial Services Limited in Limassol (Lemesos), Cyprus.
Code details
| SWIFT/BIC code | MGFSCY21XXX |
|---|---|
| 8-character code | MGFSCY21 |
| Branch code | XXX |
| Bank | M.g.t.m. Financial Services Limited |
| Branch | Head office |
| City | Limassol (Lemesos) |
| Country | Cyprus |
The way the M.g.t.m. Financial Services Limited SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MGFS Bank code
- 4 letters that identify the bank.
- CY 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 SWIFT code MGFSCY21XXX?
MGFSCY21XXX identifies the headquarters of M.g.t.m. Financial Services Limited in Limassol (Lemesos), Cyprus. Use it when a payment to M.g.t.m. Financial Services Limited does not need a specific branch.
Does M.g.t.m. Financial Services Limited have only one SWIFT/BIC code?
Yes – MGFSCY21XXX is the only SWIFT/BIC code we have for M.g.t.m. Financial Services Limited in Cyprus, so you do not need to pick a branch code.
What is the cheapest way to send money to M.g.t.m. Financial Services Limited?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Do I need MGFSCY21XXX to send euros to Cyprus?
Cyprus belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need MGFSCY21XXX.
How long does a transfer to M.g.t.m. Financial Services Limited take in Cyprus?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Is MGFSCY21 and MGFSCY21XXX the same SWIFT code?
Yes, they are. MGFSCY21 is the short version of MGFSCY21XXX. XXX simply refers to the head office, so both will reach M.g.t.m. Financial Services Limited in Limassol (Lemesos).
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.