SWIFT/BIC code MWCOTZTZXXX
MWCOTZTZXXX belongs to Mwalimu Commercial Bank PLC in Dar Es Salaam, Tanzania.
Code details
| SWIFT/BIC code | MWCOTZTZXXX |
|---|---|
| 8-character code | MWCOTZTZ |
| Branch code | XXX |
| Bank | Mwalimu Commercial Bank PLC |
| Branch | Head office |
| City | Dar Es Salaam |
| Country | Tanzania |
How the Mwalimu Commercial Bank PLC SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MWCO Bank code
- 4 letters that identify the bank.
- TZ Country code
- 2 letters for the country (ISO 3166).
- TZ 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
Which bank uses SWIFT code MWCOTZTZXXX?
MWCOTZTZXXX identifies the head office of Mwalimu Commercial Bank PLC in Dar Es Salaam, Tanzania. It is the code to use when you send money to an account at Mwalimu Commercial Bank PLC.
What happens if I use MWCOTZTZXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check MWCOTZTZXXX against the details from Mwalimu Commercial Bank PLC before sending.
What is the cheapest way to send money to Mwalimu Commercial Bank PLC?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Tanzania with transfer services before you send – the difference can be large.
What do the letters in MWCOTZTZXXX stand for?
MWCO is the bank code of Mwalimu Commercial Bank PLC, TZ is the ISO code of Tanzania, TZ is the location code and XXX means the head office.
What do I need for a transfer to an account at Mwalimu Commercial Bank PLC?
You need the SWIFT/BIC code MWCOTZTZXXX, the IBAN or local account number of the recipientand the name of the account holder. Tanzania is not part of SEPA, so the BIC is required.
How long does a transfer to Mwalimu Commercial Bank PLC take in Tanzania?
An international SWIFT transfer typically takes 1–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster than a bank.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.