Munsterlandische Bank Thie and Co. KG SWIFT/BIC code

Munsterlandische Bank Thie and Co. KG SWIFT code: MLBKDE31

If an invoice shows MLBKDE31 or MLBKDE31XXX, you are looking at the identical address for Munsterlandische Bank Thie and Co. KG in Germany. A SWIFT code shows the sending bank exactly which bank is meant to get the money. It comes up mostly when dealing with transfers between countries or a currency.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to verify a SWIFT code before you confirm a payment. The SWIFT code alone does not identify an individual account holder; that is what the account number or IBAN .

How up to date is this code?

The directory on GoldexPay is compiled from public sources. Even so, banks merge, rename themselves or retire codes and our data may lag behind. Counts and locations come from our own dataset and are not confirmed by Munsterlandische Bank Thie and Co. KG.

See our directory on this page as a helpful check and rely on the recipient or Munsterlandische Bank Thie and Co. KG for the final confirmation. We are an independent comparison service and not part of Munsterlandische Bank Thie and Co. KG. Found outdated information? Tell us via our contact form.

Receiving money from abroad at Munsterlandische Bank Thie and Co. KG

When you expect money from abroad, give the sender all details at once. The basics are: the account holder’s name, account number or IBAN, MLBKDE31XXX and in many cases your postal address.

The sender’s bank might request the address of your bank. A mistake in your account number is more trouble than you might think, so copy the details from your online banking.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Correspondent banks can take a fee, Munsterlandische Bank Thie and Co. KG may charge for incoming payments, and when currencies differ, a markup on the rate applies. For business payments, it is common to agree who bears the costs to avoid a shortfall.

Which of the 2 codes of Munsterlandische Bank Thie and Co. KG do you need?

We have 2 SWIFT/BIC codes for Munsterlandische Bank Thie and Co. KG, spread over 1 cities. Next to the head office code MLBKDE31XXX, there are codes for individual branches and departments.

For the vast majority of payments to a private or business account, the head office code MLBKDE31XXX is the right choice. When you receive a specific code, stick to it instead of replacing it for the head office code.

Not sure which code to use? Ask the recipient. Codes for branches are more prone to be retired than the head office code.

Tracking a transfer to or from Munsterlandische Bank Thie and Co. KG

An international transfer typically takes one to a few business days – it depends on currency, route and the banks in between. Weekends and public holidays in either country add extra days to the journey. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services often show tracking in their app showing where the payment has got.

A delayed transfer is traced by the sending bank. As a recipient, you can check your statements for a slightly lower amount because fees can reduce the amount.

What the XXX in MLBKDE31XXX means

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. In this case, the 8-character core is MLBKDE31.

XXX at the end of MLBKDE31XXX does not stand for a placeholder or an error: it stands for the head office of Munsterlandische Bank Thie and Co. KG. Some forms ask for 11 characters, in which case you can add XXX after MLBKDE31.

Do not add spaces, dots when you enter MLBKDE31 or MLBKDE31XXX. Pasting the code beats retyping it.

SEPA payments and the Munsterlandische Bank Thie and Co. KG BIC

Since Germany is part of the SEPA zone, a euro transfer to Munsterlandische Bank Thie and Co. KG from another SEPA country normally requires just an IBAN. Many banks no longer ask for the BIC for these payments or fill it in for you.

You still need MLBKDE31XXX for non-euro payments or money from outside the SEPA area. Some banks and apps still ask for the BIC out of habit; in that case, fill in MLBKDE31.

Instant payments in euros are widely available across SEPA. Provided no currency is converted, a SEPA transfer tends to be cheap.

Protect yourself against fake payment requests

Be wary if a contact unexpectedly asks you to send money to another account. The fact that MLBKDE31 exists is no guarantee that the account is genuine; criminals use the codes of real banks too.

Never rely on a phone number from the same email that contains the new account. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Acted too fast? Call your bank without delay and have them start a recall; also report it to the police.

Recipients are targeted too: one known trick is an overpayment and then sends a request to send back the difference abroad. Do not act before the money is actually in your account.

Euro (EUR) and conversion costs

Germany uses the Euro, code EUR. A payment in a foreign currency is converted into EUR before it reaches the account. There is rarely a separate line for that conversion – the cost sits in the rate.

Who converts the payment makes a difference: every bank has its own margin. Check how much EUR the recipient gets with several services before choosing one.

Rates for EUR move during the day, and some providers let you lock in a rate. On larger amounts, a small difference in the rate can be worth more than the fee.

Verifying the SWIFT code of Munsterlandische Bank Thie and Co. KG

Have the recipient send you the bank details straight from a recent statement. Check that code with MLBKDE31 here; if they differ, ask before you pay.

A wrong SWIFT code may lead to delays, a payment being sent back or extra fees along the way. A mistake in the account number can be more serious because it can reach the wrong person; check it just as carefully.

A validity check in your banking app only tells you that the code exists. More and more banks check the name with the account before you confirm; take any warning seriously. Sending a small amount first can be worth it for large sums despite the extra fee.

Paying someone abroad from your Munsterlandische Bank Thie and Co. KG account

A bank transfer abroad costs more than the fee suggests. You pay the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

The markup on the rate tends to be the biggest item, and it is easy to miss. A simple test: set the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a transfer service turns out to be less expensive than a bank. GoldexPay lists these services side by side, showing the amount the recipient gets. You can still keep your account at Munsterlandische Bank Thie and Co. KG as the source of the money.