Bank of America Merrill Lynch International Designated Activity Company SWIFT/BIC code

Bank of America Merrill Lynch International Designated Activity Company SWIFT code: MLMBIE2D

Whether a recipient gives you MLMBIE2D or MLMBIE2DXXX, you are looking at the same address for Bank of America Merrill Lynch International Designated Activity Company in Ireland. Banks worldwide use these codes to route international transfers to the correct institution. In practice you usually come across the code on invoices from abroad, in payment forms and on the account details that Bank of America Merrill Lynch International Designated Activity Company provides.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to check a SWIFT code before you hit send. The BIC names an institution, never a single account, which is why you always need the account number too.

Sending EUR to Bank of America Merrill Lynch International Designated Activity Company

Accounts at Bank of America Merrill Lynch International Designated Activity Company are usually held in EUR, the national currency. If you send another currency, the amount gets converted at some point – by your bank, by Bank of America Merrill Lynch International Designated Activity Company or by a bank in between. Each conversion eats into something.

Who converts the payment makes a difference: every bank has its own margin. Often you pay less if you send EUR directly through a provider with a good rate rather than letting the receiving bank convert.

Rates for EUR move during the day. On larger amounts, a small difference in the rate can be worth more than the fee.

Euro transfers to Bank of America Merrill Lynch International Designated Activity Company: is a BIC needed?

Because Ireland is part of SEPA, a euro payment to Bank of America Merrill Lynch International Designated Activity Company from within the SEPA area usually requires just the IBAN. Most banking apps no longer ask for the BIC in that case or fill it in for you.

You will still need MLMBIE2DXXX for non-euro payments or transfers from countries outside SEPA. If your banking app asks for the BIC anyway, entering MLMBIE2D does no harm.

Instant euro transfers are increasingly supported within SEPA; check with Bank of America Merrill Lynch International Designated Activity Company whether it applies to your account. As long as no currency is converted, the transfer tends to be cheap.

About this information

The codes here come from public sources. It is possible that information here is no longer current after a merger or reorganisation. Counts and locations are from our directory and are not confirmed by Bank of America Merrill Lynch International Designated Activity Company.

Treat the information here as a handy check and rely on the recipient or Bank of America Merrill Lynch International Designated Activity Company for the final confirmation. GoldexPay has no connection to Bank of America Merrill Lynch International Designated Activity Company; we are a comparison site for money transfers. Should you notice something that is out of date, we appreciate a message.

Choosing between the 12 SWIFT codes of Bank of America Merrill Lynch International Designated Activity Company

Having 12 codes, Bank of America Merrill Lynch International Designated Activity Company belongs to the banks that register separate codes for parts of the organisation and departments. The main code remains MLMBIE2DXXX.

For most payments to a private or business account, the head office code MLMBIE2DXXX is the right choice. When you receive a branch code, stick to it rather than swapping it with the head office code.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes are more prone to be retired than MLMBIE2DXXX when a bank merges or closes offices.

How long does an international transfer to Bank of America Merrill Lynch International Designated Activity Company take?

There is no single delivery time for every transfer: some arrive within a day. Weekends and public holidays in either country add a day or more to the journey. Occasionally a bank asks 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. Every payment gets a unique reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation until the money has arrived.

If the money does not arrive after a few business days, the sender needs to start with the bank that sent it. On the receiving end, you can look at your statements for a partial amount because fees can reduce the amount.

What a transfer from Bank of America Merrill Lynch International Designated Activity Company abroad really costs

A bank transfer abroad can cost more than the fee suggests. You pay the transfer fee, sometimes charges from correspondent banks in between and, above all, the exchange rate markup.

Many banks rarely show the margin on the rate as a cost – you only notice it if you compare. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For a lot of currency pairs, a specialist provider is less expensive than a bank. Before your next transfer, it is worth to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. You can still keep your account at Bank of America Merrill Lynch International Designated Activity Company as the source of the money.

8 or 11 characters: MLMBIE2D versus MLMBIE2DXXX

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. That gives you MLMBIE2D.

Many payment forms accept either length. If yours asks for eleven characters, enter MLMBIE2DXXX, otherwise MLMBIE2D is fine.

Enter the code as one block, in capitals and without separators. A wrong letter may route a payment to a different institution.

Verifying the SWIFT code of Bank of America Merrill Lynch International Designated Activity Company

The safest source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. Compare that code with MLMBIE2D on this page and ask if anything does not match.

If the code is wrong, the transfer may get stuck, be returned or end up costing more, and tracing it can take weeks. A mistake in the IBAN or account number can be more serious.

A validity check in your banking app merely tells you that the IBAN is valid, not that it is the right account. More and more banks compare the name with the account; take any warning seriously. Sending a small amount first can be a sensible step for large sums, even if it costs an extra fee.

What to give a sender who pays you at Bank of America Merrill Lynch International Designated Activity Company

When you are waiting for money from abroad, give the sender all details at once. Share the account holder’s name, your account number or IBAN, SWIFT code MLMBIE2DXXX and your address, which some banks require.

You can include the bank name and its city as well, because some payment forms have separate fields for them. Double-check each detail before you send them.

What lands in your account is often less than what was sent. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who pays which costs.

Scams that use SWIFT codes

A common scam goes like this: you receive a message saying that a contact now has a new bank account and asking you to pay there from now on. A valid SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Verify changed payment details through a different channel, never via the email that asked for the change. Urgency or secrecy tend to be red flags; a genuine business can wait for you to check. When money has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is a buyer who pays too much followed by a request to refund the difference to another account. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.