SWIFT/BIC code MYIDMMMYXXX
MYIDMMMYXXX belongs to Small and Medium Industrial Development Bank in Yangon, Myanmar (Burma).
Code details
| SWIFT/BIC code | MYIDMMMYXXX |
|---|---|
| 8-character code | MYIDMMMY |
| Branch code | XXX |
| Bank | Small and Medium Industrial Development Bank |
| Branch | Head office |
| City | Yangon |
| Country | Myanmar (Burma) |
The way the Small and Medium Industrial Development Bank SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MYID Bank code
- 4 letters that identify the bank.
- MM Country code
- 2 letters for the country (ISO 3166).
- MY 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 is behind SWIFT/BIC code MYIDMMMYXXX?
MYIDMMMYXXX identifies the head office of Small and Medium Industrial Development Bank in Yangon, Myanmar (Burma). It is the code to use when you send money to an account at Small and Medium Industrial Development Bank.
What happens if I use MYIDMMMYXXX with a typo?
Your transfer can bounce, get stuck or cost extra. Always check MYIDMMMYXXX against the details from Small and Medium Industrial Development Bank before you confirm.
What is the best way to send money to Small and Medium Industrial Development Bank in Myanmar (Burma)?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Myanmar (Burma) with transfer services before you send – the difference can be large.
How long does a transfer to Small and Medium Industrial Development Bank take in Myanmar (Burma)?
An international SWIFT transfer typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
Does Small and Medium Industrial Development Bank have only one SWIFT/BIC code?
Yes, MYIDMMMYXXX is the single SWIFT/BIC code we have for Small and Medium Industrial Development Bank in Myanmar (Burma), so you do not need to pick a branch code.
What does each part of MYIDMMMYXXX mean?
MYID is the institution code of Small and Medium Industrial Development Bank, MM stands for Myanmar (Burma), MY 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.