SWIFT/BIC code XLOFMYK1XXX
XLOFMYK1XXX belongs to Bursa Malaysia Derivatives Berhad in Kuala Lumpur, Malaysia.
Code details
| SWIFT/BIC code | XLOFMYK1XXX |
|---|---|
| 8-character code | XLOFMYK1 |
| Branch code | XXX |
| Bank | Bursa Malaysia Derivatives Berhad |
| Branch | Head office |
| City | Kuala Lumpur |
| Country | Malaysia |
The way the Bursa Malaysia Derivatives Berhad SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- XLOF Bank code
- 4 letters that identify the bank.
- MY Country code
- 2 letters for the country (ISO 3166).
- K1 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 XLOFMYK1XXX?
XLOFMYK1XXX identifies the head office of Bursa Malaysia Derivatives Berhad in Kuala Lumpur, Malaysia. It is the code to use when a payment to Bursa Malaysia Derivatives Berhad does not need a specific branch.
What happens if I enter XLOFMYK1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check XLOFMYK1XXX against the details from Bursa Malaysia Derivatives Berhad before sending.
What do the letters in XLOFMYK1XXX mean?
XLOF is the bank code of Bursa Malaysia Derivatives Berhad, MY stands for Malaysia, K1 is the location code and XXX means the head office.
Which details do I need to send money to an account at Bursa Malaysia Derivatives Berhad?
You need the SWIFT/BIC code XLOFMYK1XXX, the account number or IBAN of the recipient, their full name and address. Malaysia uses international SWIFT transfers, so the BIC is required.
How long does it take to send money to Bursa Malaysia Derivatives Berhad?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
Is XLOFMYK1 and XLOFMYK1XXX the same code?
Yes, they are. XLOFMYK1 is the short version of XLOFMYK1XXX. XXX simply refers to the head office, so either version routes your payment to Bursa Malaysia Derivatives Berhad in Kuala Lumpur.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.