SWIFT/BIC code MGTCBEBET20
MGTCBEBET20 belongs to Euroclear Bank S.a / N.v in Brussels, Belgium.
Code details
| SWIFT/BIC code | MGTCBEBET20 |
|---|---|
| 8-character code | MGTCBEBE |
| Branch code | T20 |
| Bank | Euroclear Bank S.a / N.v |
| Branch | — |
| City | Brussels |
| Country | Belgium |
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.
- T20 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 MGTCBEBET20?
MGTCBEBET20 is the SWIFT/BIC code of Euroclear Bank S.a / N.v, 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.
Can I use MGTCBEBE instead of MGTCBEBET20?
MGTCBEBE points to the head office of Euroclear Bank S.a / N.v, while MGTCBEBET20 is Euroclear Bank S.a / N.v. Most international transfers work with the head office code, yet use MGTCBEBET20 if the recipient asks for it.
What is the best way to send money to Euroclear Bank S.a / N.v in Belgium?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
Do I need MGTCBEBET20 to send euros to Belgium?
Belgium belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you do need MGTCBEBET20.
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. Transfers in other currencies can take 1–3 business days.
What do the letters in MGTCBEBET20 mean?
MGTC is the institution code of Euroclear Bank S.a / N.v, BE stands for Belgium, BE is the code for the city or region and T20 is the code of the department Euroclear Bank S.a / N.v.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.