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SWIFT/BIC code MGTCBEBEE16

MGTCBEBEE16 belongs to Euroclear Bank S.a / N.v in Brussels, Belgium.

MGTCBEBEE16

Code details

SWIFT/BIC codeMGTCBEBEE16
8-character codeMGTCBEBE
Branch codeE16
BankEuroclear Bank S.a / N.v
BranchBusiness Branch
CityBrussels
CountryBelgium

How 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.
E16 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 SWIFT code MGTCBEBEE16?

MGTCBEBEE16 is the SWIFT/BIC code of Business Branch, a branch or department of Euroclear Bank S.a / N.v in Brussels, Belgium. Only use it if the recipient or their bank explicitly asks for it.

Do I need MGTCBEBEE16 to send euros to Belgium?

Belgium is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you do need MGTCBEBEE16.

How long does a transfer to Euroclear Bank S.a / N.v take in Belgium?

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

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

Many banks 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 – the difference can be large.

What happens if I use MGTCBEBEE16 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check MGTCBEBEE16 with the recipient before you confirm.

Can I use MGTCBEBE instead of MGTCBEBEE16?

MGTCBEBE points to the head office of Euroclear Bank S.a / N.v, while MGTCBEBEE16 points to Business Branch. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention MGTCBEBEE16.

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