SWIFT/BIC code MGPSPHM1XXX

MGPSPHM1XXX belongs to Morgan Grenfell Phils Sec. Inc. in Manila, Philippines.

MGPSPHM1XXX

Code details

SWIFT/BIC codeMGPSPHM1XXX
8-character codeMGPSPHM1
Branch codeXXX
BankMorgan Grenfell Phils Sec. Inc.
BranchHead office
CityManila
CountryPhilippines

The way the Morgan Grenfell Phils Sec. Inc. SWIFT/BIC works

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

MGPS Bank code
4 letters that identify the bank.
PH Country code
2 letters for the country (ISO 3166).
M1 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 MGPSPHM1XXX?

MGPSPHM1XXX identifies the main office of Morgan Grenfell Phils Sec. Inc. in Manila, Philippines. It is the code to use when a payment to Morgan Grenfell Phils Sec. Inc. does not need a specific branch.

What happens if I use MGPSPHM1XXX with a typo?

Your transfer can bounce, get stuck or cost extra. Always check MGPSPHM1XXX against the details from Morgan Grenfell Phils Sec. Inc. before you confirm.

What do I need for a transfer to an account at Morgan Grenfell Phils Sec. Inc.?

You need the SWIFT/BIC code MGPSPHM1XXX, the account number or IBAN of the recipientand the name of the account holder. Philippines uses international SWIFT transfers, so always include the BIC.

What does each part of MGPSPHM1XXX mean?

MGPS is the bank code of Morgan Grenfell Phils Sec. Inc., PH stands for Philippines, M1 is the location code and XXX means the main office.

Does Morgan Grenfell Phils Sec. Inc. use only one SWIFT/BIC code?

Yes – MGPSPHM1XXX is the only SWIFT/BIC code listed for Morgan Grenfell Phils Sec. Inc. in Philippines, so you do not need to pick a branch code.

How long does a transfer to Morgan Grenfell Phils Sec. Inc. take in Philippines?

An international SWIFT transfer usually takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often faster and cheaper.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.