SWIFT/BIC code SBMWMWM1XXX
SBMWMWM1XXX belongs to Stockbrokers Malawi Limited in Blantyre, Malawi.
Code details
| SWIFT/BIC code | SBMWMWM1XXX |
|---|---|
| 8-character code | SBMWMWM1 |
| Branch code | XXX |
| Bank | Stockbrokers Malawi Limited |
| Branch | Head office |
| City | Blantyre |
| Country | Malawi |
How the Stockbrokers Malawi Limited SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SBMW Bank code
- 4 letters that identify the bank.
- MW 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
Which institution uses BIC SBMWMWM1XXX?
SBMWMWM1XXX is the SWIFT/BIC code of the head office of Stockbrokers Malawi Limited in Blantyre, Malawi. It is the code to use when you send money to an account at Stockbrokers Malawi Limited.
Is SBMWMWM1 and SBMWMWM1XXX the same code?
Yes. SBMWMWM1 is the 8-character version of SBMWMWM1XXX. XXX simply refers to the head office, so both will reach Stockbrokers Malawi Limited in Blantyre.
What do I need for a transfer to an account at Stockbrokers Malawi Limited?
Have ready the SWIFT/BIC code SBMWMWM1XXX, the IBAN or local account number of the recipient, their full name and address. Malawi is not part of SEPA, so the BIC is required.
What do the letters in SBMWMWM1XXX stand for?
SBMW is the bank code of Stockbrokers Malawi Limited, MW is the ISO code of Malawi, M1 is the code for the city or region and XXX means the head office.
What is the cheapest way to send money to Stockbrokers Malawi Limited?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Malawi with transfer services before you send.
How long does a transfer to Stockbrokers Malawi Limited take?
A SWIFT payment usually takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist 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.