SWIFT/BIC code SOMCMCM1XXX
SOMCMCM1XXX belongs to Societe Monegasque de Credit in Monaco, Monaco.
Code details
| SWIFT/BIC code | SOMCMCM1XXX |
|---|---|
| 8-character code | SOMCMCM1 |
| Branch code | XXX |
| Bank | Societe Monegasque de Credit |
| Branch | Head office |
| City | Monaco |
| Country | Monaco |
How the Societe Monegasque de Credit SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SOMC Bank code
- 4 letters that identify the bank.
- MC 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 SOMCMCM1XXX?
SOMCMCM1XXX identifies the main office of Societe Monegasque de Credit in Monaco, Monaco. It is the code to use when a payment to Societe Monegasque de Credit does not need a specific branch.
Do I need SOMCMCM1XXX for a euro transfer to Monaco?
Monaco belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need SOMCMCM1XXX.
How long does a transfer to Societe Monegasque de Credit take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Is SOMCMCM1 and SOMCMCM1XXX the same code?
Yes. SOMCMCM1 is the 8-character version of SOMCMCM1XXX. The XXX at the end only means head office, so both routes your payment to Societe Monegasque de Credit in Monaco.
What does each part of SOMCMCM1XXX mean?
SOMC is the bank code of Societe Monegasque de Credit, MC is the ISO code of Monaco, M1 is the code for the city or region and XXX means the main office.
Does Societe Monegasque de Credit use a single SWIFT/BIC code?
Yes, SOMCMCM1XXX is the only SWIFT/BIC code listed for Societe Monegasque de Credit in Monaco, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.