Alliance Investment Bank Berhad SWIFT/BIC code

SWIFT/BIC code of Alliance Investment Bank Berhad

The 8-character code MBAMMY21 and the 11-character code MBAMMY21XXX refer to the same bank: Alliance Investment Bank Berhad. A SWIFT code tells the sending bank exactly which bank is meant to get the money, much like a postcode for banks. In daily life you mostly come across the code on international invoices, in payment forms and in the bank details of Alliance Investment Bank Berhad customers.

We wrote this page to help people who receives money at an account at Alliance Investment Bank Berhad without mistakes. The SWIFT code on its own cannot identify an individual account holder; for that you need the IBAN or account number is for.

Protect yourself against fake payment requests

A common scam goes like this: an email arrives with a request claiming that a company has new bank details. That MBAMMY21 is a real code does not mean that a request mentioning it is genuine.

Always verify changed bank details by phone, using a number you already had. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Already paid? Call your bank straight away and have them try to recall the payment.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to send back the difference. Do not act before the money is actually in your account and check with Alliance Investment Bank Berhad if anything seems off.

Where our SWIFT data comes from

Our SWIFT/BIC directory draws on public sources and is updated regularly. Institutions merge, change names and change codes, and a directory never catches every change immediately. Counts and locations come from our directory.

Treat our directory on this page as a helpful check, and let the details from the recipient or Alliance Investment Bank Berhad have the final say. GoldexPay is an independent comparison site and not affiliated with Alliance Investment Bank Berhad. If you notice a mistake, we appreciate a short note via the contact page.

Sending money abroad from Alliance Investment Bank Berhad

A bank transfer abroad costs rather more than the fee suggests. On top of the transfer fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank usually uses a rate that is less favourable than the actual market rate.

Banks do not show their exchange rate markup as a cost. Check the rate you are offered with the mid-market rate.

Specialist money transfer services frequently use rates closer to the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see what actually arrives for the same amount sent. You can always keep your account at Alliance Investment Bank Berhad, while a cheaper service handles the conversion.

How to check MBAMMY21 before you pay

Have the recipient copy their account details directly from a recent statement. When the code you were given does not match MBAMMY21 or MBAMMY21XXX, stop and ask.

An incorrect BIC may lead to delays, a payment being sent back or extra fees. Remember the IBAN: a mistake there can be more difficult to undo than a wrong BIC.

A format check by your bank only confirms that the IBAN exists – not that it belongs to the person you mean to pay. If your bank offers it, a name check before sending gives extra certainty. When you pay someone new, many people start with a small amount first before sending the rest.

Head office or branch code at Alliance Investment Bank Berhad?

Alliance Investment Bank Berhad has 2 separate SWIFT/BIC codes. Only one is the head office code; the rest identify branches or departments.

In most cases there is no need to pick a branch: transfers sent to MBAMMY21XXX reach Alliance Investment Bank Berhad correctly. Branch codes are only needed if the recipient’s bank specifically mentions it, which is more common for corporate accounts and trade services.

The safest route is to copy the code directly from the account holder’s invoice. Branch codes can change over time, so a code from an old document is not always valid.

What the XXX in MBAMMY21XXX means

A SWIFT code is made up of fixed blocks: the first four letters stand for the bank, characters five and six show the country and the two after that mark the location. In this case, the 8-character core is MBAMMY21.

Many payment forms accept either length. If yours asks for eleven characters, enter MBAMMY21XXX; if it wants eight, use MBAMMY21.

Enter the code as one block, in upper case and without spaces. Look out for the letter O and the digit 0 or the letter I and the digit 1; they are easy to mix up.

Transfer times and tracking a payment to Alliance Investment Bank Berhad

There is no single answer for international payments: some arrive the same day or the next. Weekends and public holidays in the sending or receiving country can add a day or more, since banks do not process on those days. Extra checks by one of the banks can also add some delay, even when all details are correct.

When a payment takes longer than expected, contact your bank about the status so they can trace it along the chain. Keep your transfer receipt – you will need it for any trace request.

A delayed transfer is investigated from the sending side, using the payment confirmation. On the receiving end, you can check your account for a partial amount, since fees may have been deducted.

Receiving money from abroad at Alliance Investment Bank Berhad

For an international payment at Alliance Investment Bank Berhad, the person paying you has to have more than the SWIFT code. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code MBAMMY21XXX and sometimes your address.

It helps to include the bank name and its city as well. Double-check the details before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often lower than the amount sent. Charges on incoming payments vary from bank to bank – the price list of Alliance Investment Bank Berhad tells you what applies. On invoices, it is common to state who bears the costs to avoid a shortfall.