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SWIFT/BIC code MGTCBEBEFND

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

MGTCBEBEFND

Code details

SWIFT/BIC codeMGTCBEBEFND
8-character codeMGTCBEBE
Branch codeFND
BankEuroclear Bank S.a / N.v
BranchFundsettle
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.
FND 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 uses BIC MGTCBEBEFND?

The code MGTCBEBEFND belongs to Fundsettle, a unit of Euroclear Bank S.a / N.v in Brussels, Belgium. Use this branch code only when the recipient or their bank explicitly asks for it.

What happens if I use MGTCBEBEFND incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check MGTCBEBEFND with the recipient before you confirm.

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

Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.

Can I use MGTCBEBE instead of MGTCBEBEFND?

MGTCBEBE points to the head office of Euroclear Bank S.a / N.v, while MGTCBEBEFND is Fundsettle. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention MGTCBEBEFND.

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

SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.

Do I need MGTCBEBEFND for a euro transfer to Belgium?

Belgium is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need MGTCBEBEFND.

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