Midclear S.a.l. SWIFT/BIC code

SWIFT/BIC code of Midclear S.a.l.

The 8-character code MIDRLBBE and the 11-character code MIDRLBBEXXX identify the same bank: Midclear S.a.l.. A BIC has a single purpose: it ensures that an international payment ends up at the right bank. It comes up mostly for payments that cross a border.

Below you will find the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you hit send. The SWIFT code alone cannot identify an individual account holder; for that you need the IBAN or account number is for.

MIDRLBBE or MIDRLBBEXXX – which one to use?

A BIC is made up of fixed blocks: the first four letters stand for the bank, the next two show the country and characters seven and eight indicate the location. Together, those parts form MIDRLBBE – the version you usually see online.

XXX at the end of MIDRLBBEXXX does not stand for a missing value or an error: it stands for the head office of Midclear S.a.l.. Some forms ask for 11 characters, in which case you can enter XXX after MIDRLBBE.

Enter the code as one block, in capitals and without separators, exactly as shown here. A single character can send the money to another bank.

What to give a sender who pays you at Midclear S.a.l.

When you expect money from abroad, give the sender all details at once. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code MIDRLBBEXXX (or MIDRLBBE) and, often, your address.

Certain sending banks also ask for the address of Midclear S.a.l. in Beirut; it does no harm to include it. Check each detail before you share them.

Money from abroad will not always land in full. Intermediary banks may deduct a fee, Midclear S.a.l. may charge for incoming payments, and if the currency changes, an exchange rate margin applies. Make clear with the sender who pays which costs, especially for larger amounts.

Verifying the SWIFT code of Midclear S.a.l.

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check it with MIDRLBBE here.

An incorrect BIC can cause a delay, a payment being sent back or additional charges along the way. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

A format check in your banking app only tells you that the IBAN exists, not that it is the right account. If your bank offers it, a name check on the recipient gives extra certainty. A small test payment can be worth it for large sums.

When will the money arrive at Midclear S.a.l.?

There is no fixed answer for every transfer: some land within a day. Transfers sent after the cut-off time or just before weekends and holidays usually go out the next business day. Occasionally a bank wants to know what the payment is for.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services usually show tracking online showing how far the payment is.

If the money does not arrive within the expected time, the person who paid should start with their own bank rather than Midclear S.a.l.. Ask the sender for the payment receipt including the reference; that often settles the question quickly.

About this information

Our SWIFT/BIC directory is based on publicly available sources. Institutions merge, change names and change codes. The figures on this page are based on our own data.

Treat the information here as a helpful check and rely on the recipient or Midclear S.a.l. for the final confirmation. GoldexPay is independent of Midclear S.a.l.; we are a comparison site for money transfers. If you notice something that is out of date, we welcome a message via the contact page.

Protect yourself against fake payment requests

Stay alert if a contact unexpectedly asks you to pay into a different account. The fact that MIDRLBBE exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Before paying, verify changed bank details through a phone call, using a number you already had. Pressure and requests to keep it quiet are warning signs; a genuine business can wait for you to check. When a payment has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

Scams can also work the other way: someone claims to have sent too much and asks you to return the extra via a different route. Do not act before the money has really arrived.

Head office or branch code at Midclear S.a.l.?

Having 2 codes in 1 cities, Midclear S.a.l. belongs to the banks that register individual codes for parts of the organisation. The main code is MIDRLBBEXXX.

Usually there is no need to pick a branch: transfers sent to MIDRLBBEXXX reach Midclear S.a.l. correctly. When you receive a specific code, use it as it is instead of replacing it for the head office code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are more prone to change than the head office code.

Paying someone abroad from your Midclear S.a.l. account

If you send money to another country from Midclear S.a.l., the fee you see is rarely all of what you pay. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

Many banks do not list the margin on the rate as a cost, but you pay it all the same. A simple test: put the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently offer rates closer to the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see the amount the recipient gets before you commit. You can still keep your account at Midclear S.a.l..