Manulife Asset Management Services Berhad SWIFT/BIC code

MAMIMYK1 – the SWIFT/BIC code of Manulife Asset Management Services Berhad

MAMIMYK1 and MAMIMYK1XXX are two ways of writing the same bank identifier, and both lead to Manulife Asset Management Services Berhad in Kuala Lumpur. A SWIFT code shows the banks handling a payment which institution is meant to get the money. You will need it mainly when dealing with payments that cross a border.

We wrote this page to help anyone who sends money to an account at Manulife Asset Management Services Berhad and wants to get the details right. A SWIFT code names a bank or branch, never a single account; the IBAN or account number does that.

Head office or branch code at Manulife Asset Management Services Berhad?

Manulife Asset Management Services Berhad uses 2 separate SWIFT/BIC codes across 1 cities. One of them is the head office code, MAMIMYK1XXX; the rest belong to branches or departments.

If nobody asks you for a branch code, use MAMIMYK1XXX. If you have been given a specific code, use it as it is rather than replacing it with the head office code.

If you are not sure, ask the person you are paying for the exact BIC in their bank details. Branch codes are more likely to be retired than MAMIMYK1XXX when a bank merges or closes offices.

Sending money abroad from Manulife Asset Management Services Berhad

A bank transfer abroad can cost rather more than the listed fee. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate that includes a margin. An easy check: put the bank’s rate against the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a specialist provider is cheaper than a bank – mostly thanks to the rate. GoldexPay lists transfer providers side by side, showing what actually arrives before you commit. Using a transfer service does not require leaving Manulife Asset Management Services Berhad – you pay the provider from your own account.

Where our SWIFT data comes from

We gather SWIFT/BIC codes using publicly available data and check our list regularly. It can happen that information on this page is out of date after a merger or reorganisation. The number of codes we show are based on our own data.

Treat the information here as a helpful check, and let the details from the recipient or Manulife Asset Management Services Berhad have the final say. We are an independent comparison service for money transfers and not affiliated with Manulife Asset Management Services Berhad. Should you notice something that is out of date, we welcome a short note via the contact page.

Tracking a transfer to or from Manulife Asset Management Services Berhad

How fast a transfer arrives at Manulife Asset Management Services Berhad depends on several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Weekends and public holidays in either country can add extra days to the journey. Sometimes a bank wants to know about the purpose of a payment.

Many banks use SWIFT gpi. Every payment gets a unique reference, the UETR that banks can use to trace it. Money transfer services often show tracking in their app showing where the payment is.

The bank that sent the money is able to start an official trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, you can look at your statements for a partial amount because fees can reduce the amount.

Before you send: check the Manulife Asset Management Services Berhad code

The safest source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. Compare that code against MAMIMYK1 here; if they differ, ask before you pay.

An incorrect BIC can cause delays, a payment being sent back or extra fees. Do not forget the account number: an error there can be more difficult to undo than a wrong BIC.

Many banking apps check the structure of an IBAN and sometimes look up the BIC automatically – that confirms the format, not the owner. More and more banks check the name against the account before you confirm. Sending a small amount first can be a sensible step for a large first payment.

8 or 11 characters: MAMIMYK1 versus MAMIMYK1XXX

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. That gives you MAMIMYK1.

XXX at the end of MAMIMYK1XXX is not a placeholder or a mistake: it stands for the main office of Manulife Asset Management Services Berhad. Some banking apps ask for 11 characters, and then you can add XXX after MAMIMYK1.

Do not add spaces, dots when you type MAMIMYK1; the code is always written in one block. Copying the code is safer than retyping it.

What to give a sender who pays you at Manulife Asset Management Services Berhad

For a transfer from abroad at Manulife Asset Management Services Berhad, the sender needs not just the SWIFT code. The basics are: your name, IBAN or account number, MAMIMYK1XXX and often your home address.

The sender’s bank may also ask for the address of your bank; the head office in Kuala Lumpur is usually fine. A typo in the IBAN is more trouble than you might think.

The amount you receive can be less than what was sent. Charges on incoming payments vary per bank. For business payments, you can agree how the fees are split to avoid a shortfall.

Changed bank details? Be careful

Fraudsters often use fake invoices with changed bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Check new payment details via a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Pressure and secrecy tend to be warning signs; a genuine business can wait for you to check. Already paid? Call the bank you paid from straight away and ask them to start a recall.

Scams can also work the other way. Someone claims to have sent more than agreed and asks you to return the extra via a different route. A payment confirmation from the sender proves nothing – check your own account.