SWIFT/BIC code MKGADEM1XXX
MKGADEM1XXX belongs to Muenchner Kapitalanlage Aktiengesellschaft in Muenchen, Germany.
Code details
| SWIFT/BIC code | MKGADEM1XXX |
|---|---|
| 8-character code | MKGADEM1 |
| Branch code | XXX |
| Bank | Muenchner Kapitalanlage Aktiengesellschaft |
| Branch | Head office |
| City | Muenchen |
| Country | Germany |
How the Muenchner Kapitalanlage Aktiengesellschaft SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MKGA Bank code
- 4 letters that identify the bank.
- DE 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 uses BIC MKGADEM1XXX?
The code MKGADEM1XXX belongs to the headquarters of Muenchner Kapitalanlage Aktiengesellschaft in Muenchen, Germany. It is the code to use when you send money to an account at Muenchner Kapitalanlage Aktiengesellschaft.
Is MKGADEM1 and MKGADEM1XXX the same code?
Yes. MKGADEM1 is the short version of MKGADEM1XXX. XXX simply means head office, so both will reach Muenchner Kapitalanlage Aktiengesellschaft in Muenchen.
Do I need MKGADEM1XXX for a euro transfer to Germany?
Germany belongs to 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 MKGADEM1XXX.
How long does a transfer to Muenchner Kapitalanlage Aktiengesellschaft take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Does Muenchner Kapitalanlage Aktiengesellschaft use a single SWIFT/BIC code?
Yes, MKGADEM1XXX is the single SWIFT/BIC code we have for Muenchner Kapitalanlage Aktiengesellschaft in Germany, so you do not need to pick a branch code.
What do the letters in MKGADEM1XXX stand for?
MKGA is the institution code of Muenchner Kapitalanlage Aktiengesellschaft, DE is the ISO code of Germany, M1 is the location code and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.