SWIFT/BIC code SYSPMTM1XXX

SYSPMTM1XXX belongs to Syspay Limited in Sliema, Malta.

SYSPMTM1XXX

Code details

SWIFT/BIC codeSYSPMTM1XXX
8-character codeSYSPMTM1
Branch codeXXX
BankSyspay Limited
BranchHead office
CitySliema
CountryMalta

The way the Syspay Limited SWIFT/BIC is built up

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

SYSP Bank code
4 letters that identify the bank.
MT 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 bank is behind BIC SYSPMTM1XXX?

SYSPMTM1XXX is the SWIFT/BIC code of the headquarters of Syspay Limited in Sliema, Malta. It is the code to use when you send money to an account at Syspay Limited.

What is the best way to send money to Syspay Limited in Malta?

Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.

What happens if I enter SYSPMTM1XXX incorrectly?

The payment may be delayed, returned or charged extra fees. Always check SYSPMTM1XXX with the recipient before you confirm.

What does each part of SYSPMTM1XXX stand for?

SYSP is the bank code of Syspay Limited, MT is the ISO code of Malta, M1 is the code for the city or region and XXX marks the head office.

Do I need SYSPMTM1XXX for a euro transfer to Malta?

Malta is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need SYSPMTM1XXX.

How long does it take to send money to Syspay Limited?

Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 2–4 business days.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.