SWIFT/BIC code PAMLMGM1XXX
PAMLMGM1XXX belongs to Paositra Malagasy in Antananarivo, Madagascar.
Code details
| SWIFT/BIC code | PAMLMGM1XXX |
|---|---|
| 8-character code | PAMLMGM1 |
| Branch code | XXX |
| Bank | Paositra Malagasy |
| Branch | Head office |
| City | Antananarivo |
| Country | Madagascar |
The way the Paositra Malagasy SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAML Bank code
- 4 letters that identify the bank.
- MG 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 PAMLMGM1XXX?
The code PAMLMGM1XXX belongs to the headquarters of Paositra Malagasy in Antananarivo, Madagascar. Use it when you send money to an account at Paositra Malagasy.
How long does it take to send money to Paositra Malagasy in Madagascar?
A SWIFT payment typically takes 1–5 business days, depending on correspondent banks and time zones. Money transfer services are often quicker and cheaper.
What do I need for a transfer to an account at Paositra Malagasy?
You need the SWIFT/BIC code PAMLMGM1XXX, the IBAN or local account number of the recipient, their full name and address. Madagascar is not part of SEPA, so always include the BIC.
What does each part of PAMLMGM1XXX stand for?
PAML is the bank code of Paositra Malagasy, MG is the ISO code of Madagascar, M1 is the code for the city or region and XXX means the main office.
Is PAMLMGM1 and PAMLMGM1XXX the same code?
Yes. PAMLMGM1 is the 8-character version of PAMLMGM1XXX. XXX simply means head office, so either version will reach Paositra Malagasy in Antananarivo.
Does Paositra Malagasy use a single SWIFT/BIC code?
Yes – PAMLMGM1XXX is the single SWIFT/BIC code listed for Paositra Malagasy in Madagascar, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.