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SWIFT/BIC code MGTCBEBEE01

MGTCBEBEE01 belongs to Euroclear Bank S.a / N.v in Brussels, Belgium.

MGTCBEBEE01

Code details

SWIFT/BIC codeMGTCBEBEE01
8-character codeMGTCBEBE
Branch codeE01
BankEuroclear Bank S.a / N.v
BranchEuroclear Belgium/Cik Settlement Exclusively
CityBrussels
CountryBelgium

The way the Euroclear Bank S.a / N.v SWIFT/BIC works

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

MGTC Bank code
4 letters that identify the bank.
BE Country code
2 letters for the country (ISO 3166).
BE Location code
2 characters for the city or region of the head office.
E01 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 branch is behind BIC MGTCBEBEE01?

The code MGTCBEBEE01 belongs to Euroclear Belgium/Cik Settlement Exclusively, part of Euroclear Bank S.a / N.v in Brussels, Belgium. Use this branch code only when the account is held at this specific branch.

What is the cheapest way to send money to Euroclear Bank S.a / N.v in Belgium?

Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.

What do the letters in MGTCBEBEE01 stand for?

MGTC is the institution code of Euroclear Bank S.a / N.v, BE is the ISO code of Belgium, BE is the location code and E01 identifies the department Euroclear Belgium/Cik Settlement Exclusively.

Can I use MGTCBEBE instead of MGTCBEBEE01?

MGTCBEBE is the head office of Euroclear Bank S.a / N.v, while MGTCBEBEE01 points to Euroclear Belgium/Cik Settlement Exclusively. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention MGTCBEBEE01.

Do I need MGTCBEBEE01 to send euros to Belgium?

Belgium belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need MGTCBEBEE01.

How long does it take to send money to Euroclear Bank S.a / N.v?

Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.

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