Malayan Banking Berhad (Maybank) SWIFT/BIC code

SWIFT/BIC code of Malayan Banking Berhad (Maybank)

The short code MBBEMYKL and the 11-character code MBBEMYKLXXX identify one and the same institution: Malayan Banking Berhad (Maybank). The code does one job: it makes sure that a cross-border transfer ends up at the right bank. You will need it mostly for payments that cross a border.

Below you will find the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you hit send. Keep in mind that the BIC just identifies the bank, not the account: the IBAN or account number takes care of that.

What the XXX in MBBEMYKLXXX means

Each SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. The result is MBBEMYKL, the short form of the code.

XXX at the end of MBBEMYKLXXX does not stand for a placeholder or an error: it stands for the head office of Malayan Banking Berhad (Maybank). Certain payment forms ask for 11 characters, in which case you can enter XXX behind MBBEMYKL.

Enter the code as one block, in capitals and without spaces. Look out for O versus 0 and the letter I and the digit 1.

When will the money arrive at Malayan Banking Berhad (Maybank)?

An international transfer usually needs anywhere from one to several business days – it depends on currency, route and the banks in between. Weekends and public holidays in either country can add a day or more, since banks do not process on those days. Compliance checks by one of the banks may also cause some delay, even when all details are correct.

Many banks use SWIFT gpi for faster and traceable payments. Each payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt until the money has arrived.

The bank that sent the money can request a trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can check your statements for a slightly lower amount, since fees may have been deducted.

Incoming international payments to Malayan Banking Berhad (Maybank)

For an international payment at Malayan Banking Berhad (Maybank), the sender has to have more than the SWIFT code. The basics are: the account holder’s name, account number or IBAN, MBBEMYKLXXX and, for some countries, your postal address.

Certain sending banks also ask for the name and address of Malayan Banking Berhad (Maybank); it does no harm to include it. Check the details before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is smaller than what the sender paid. Intermediary banks may deduct a fee, Malayan Banking Berhad (Maybank) may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. On invoices, you can state who bears the costs.

How up to date is this code?

This directory is compiled from public sources and we update it periodically. Institutions reorganise, close branches and retire codes, and a directory never catches every change immediately. The number of codes we show are based on what is in our directory.

Treat this page as a reference, rather than as the last word – the bank details from the recipient are leading. We are a comparison service for money transfers and not part of Malayan Banking Berhad (Maybank). Found an error? Tell us through the contact page.

International transfers from Malayan Banking Berhad (Maybank): the real cost

What you pay for an international transfer is made up of several parts, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup if the currency changes.

The real cost is often in the rate, not in the fee: many banks convert at a rate that includes a margin. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many currency pairs, a transfer service is cheaper than a bank, mainly because of the exchange rate. GoldexPay lists these services next to each other, showing the amount the recipient gets for the same amount sent. Choosing a specialist does not mean closing your account at Malayan Banking Berhad (Maybank): you simply pay the service from your account.

Verifying the SWIFT code of Malayan Banking Berhad (Maybank)

The most reliable source for a SWIFT code is the recipient’s own bank details. When the code you were given differs from MBBEMYKL or MBBEMYKLXXX, do not guess: check with the recipient or with Malayan Banking Berhad (Maybank) directly.

An incorrect BIC can cause delays, a returned payment or additional charges for investigation. Do not forget the account number: an error there is more difficult to correct than a wrong code.

A format check in your banking app merely tells you that the code is valid. Some banks now check the name with the account before you confirm; take any warning seriously. A small test payment can be worth it for large sums.

Scams that use SWIFT codes

One of the most common tricks works like this: an email arrives with a message saying that a contact has a new bank account and asking you to pay there from now on. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Never trust contact details in the same message that contains the new account. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. If money was sent to a fraudster, contact your bank immediately.

Scams also work the other way: someone claims to have sent too much and wants you to return the extra via a different route. A payment confirmation from the sender proves nothing – check your own account.

Head office or branch code at Malayan Banking Berhad (Maybank)?

Our database contains 25 SWIFT/BIC codes for Malayan Banking Berhad (Maybank) in 12 cities. Besides the head office code MBBEMYKLXXX, you will find codes for branches, departments or specific services.

For the vast majority of payments to a private or business account, the head office code MBBEMYKLXXX is the right choice. Branch codes are only needed if the account holder explicitly mentions it, which is more common for business accounts and specialised services.

Unsure which code applies? Check with the recipient. Branch codes can change when banks reorganise.