SWIFT/BIC code TERRMZMAXXX
TERRMZMAXXX belongs to Banco Terra, SA in Maputo, Mozambique.
Code details
| SWIFT/BIC code | TERRMZMAXXX |
|---|---|
| 8-character code | TERRMZMA |
| Branch code | XXX |
| Bank | Banco Terra, SA |
| Branch | Head office |
| City | Maputo |
| Country | Mozambique |
The way the Banco Terra, SA SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TERR Bank code
- 4 letters that identify the bank.
- MZ Country code
- 2 letters for the country (ISO 3166).
- MA 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 SWIFT code TERRMZMAXXX?
TERRMZMAXXX is the SWIFT/BIC code of the head office of Banco Terra, SA in Maputo, Mozambique. Use it when a payment to Banco Terra, SA does not need a specific branch.
Is TERRMZMA and TERRMZMAXXX the same code?
Yes. TERRMZMA is the 8-character version of TERRMZMAXXX. The XXX at the end only refers to the head office, so either version routes your payment to Banco Terra, SA in Maputo.
What is the cheapest way to send money to Banco Terra, SA in Mozambique?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Mozambique with transfer services before you send – the difference can be large.
How long does a transfer to Banco Terra, SA take in Mozambique?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
What does each part of TERRMZMAXXX mean?
TERR is the institution code of Banco Terra, SA, MZ stands for Mozambique, MA is the location code and XXX means the head office.
Which details do I need to send money to an account at Banco Terra, SA?
Have ready the SWIFT/BIC code TERRMZMAXXX, the IBAN or local account number of the recipientand the name of the account holder. Mozambique is not part of SEPA, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.