SWIFT/BIC codes in Martinique

Bank SWIFT codes for Martinique

Here you will find codes for 11 banks in Martinique. You need such a code mostly when making payments across borders and for payments in a foreign currency.

Pick a bank below to view the head office code and its other codes, plus practical notes for sending and receiving money. Further down we explain how codes from Martinique are built, how to send money to Martinique at a fair price and how to check a code before you pay.

Transfer times to Martinique

An international transfer to Martinique usually takes anywhere from one to several business days – it depends on currency, route and the banks in between. Bank holidays in either country add extra days.

If a transfer seems late, ask the sender to contact the sending bank and ask for the status or the UETR. Keep the payment confirmation until the recipient confirms; a bank needs it to start a trace.

Verifying a SWIFT code from Martinique

The best place to find the correct BIC remains paperwork issued by the bank, such as a statement or the account page in online banking. When the code you were given differs from our list, stop and ask – contact the recipient or their bank.

This list is compiled from public sources and is updated regularly. Even so, banks merge or change codes, so information can be out of date. For a payment that matters, confirm the code with the recipient. We are a comparison site for money transfers.

Watch out for payment requests containing changed bank details. A valid BIC says nothing about whether a request is genuine – scammers use the codes of real banks.

Sending EUR to Martinique

The currency in Martinique is the Euro (EUR). Money sent in a different currency is converted into EUR on its way to the recipient – and the bank that does it picks the rate.

Who converts the payment makes a difference. Often you pay less if you send EUR directly via a transfer service that converts near the mid-market rate. Rates for EUR change all the time – some providers let you lock in a rate.

What a sender needs to pay you in Martinique

For an international payment into a Martinique account, the person paying you needs not just the SWIFT code. Give them your name as registered with the bank, your account number or IBAN, your bank’s SWIFT code and your address.

Your bank’s code appears in our list but always compare it with your own bank details. Certain banks may also ask for your bank’s address.

What lands in your account can be lower than what was sent. Fees for incoming transfers vary per bank – your bank’s price list tells you what applies. Agree with the sender who pays which costs, especially for larger amounts.

Most SWIFT codes in Martinique: Credit Agricole

Of the 11 banks we list for Martinique, Credit Agricole is listed with the most codes. Its head office code is AGRIMQMXXXX, which is the code to use when no branch is specified.

How many codes a bank has says more about how it organises its payments than about how big it is. Paying someone at Credit Agricole? Go with AGRIMQMXXXX unless a specific branch code is requested.

International payments to Martinique and the BIC

Martinique is not part of the SEPA area. Payments from abroad normally go over the SWIFT network.

Not every country uses IBAN numbers – where there is none, the local account number is enough. Ask the recipient which details their bank requires for payments from abroad. SWIFT payments can pass through one or more intermediary banks, each of which may deduct a fee.

The cheapest way to send money to Martinique

If you send money to Martinique through your bank, the fee you see is rarely all of the cost. There is the transfer fee, sometimes fees from correspondent banks and, above all, the margin on the exchange rate when currencies differ.

That exchange rate margin is often the biggest part of the cost, even though it is not listed as a fee. Check the rate you are offered against the mid-market rate, the midpoint you see on financial news sites.

For many routes, a transfer service turns out to be cheaper than a bank. Before you send money to Martinique, take a minute to compare the total cost via GoldexPay rather than accepting the first rate you see.

The structure of a Martinique SWIFT/BIC code

Each SWIFT/BIC code has eight or eleven characters, always in the same order. It starts with a four-letter bank code, then two letters for the country and two characters for the location.

No matter which bank, every code from Martinique share the same country code in positions five and six, namely the ISO code of Martinique. Codes with other letters in that position belong to another country.

An 11-character code ends in three characters for a branch, where XXX means the head office. In most cases the head office code is fine unless the recipient asks for a specific branch.