SWIFT/BIC codes in Mauritania

Bank SWIFT codes for Mauritania

On this page you find codes for 19 institutions in Mauritania. You will need a SWIFT/BIC code mostly for international transfers, and especially for payments in foreign currencies.

Search for the bank you need below and click through to see the full list of codes and the details a transfer needs. The sections below covers how the codes work, what transfers cost and how to avoid mistakes before a payment.

Incoming international payments in Mauritania

For a transfer from abroad into a Mauritania account, the sender needs more than the SWIFT code. That means: your name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and usually your postal address.

Your bank’s code appears in our list but always compare it with your own bank details. You can add your bank’s name and city as well.

The amount you receive can be lower than the amount sent. Intermediary banks may deduct a fee, and if the money is converted, an exchange rate margin comes on top. On invoices, state who bears the costs.

The structure of a Mauritania SWIFT/BIC code

Every SWIFT/BIC code consists of eight or eleven characters in a fixed order. It starts with a four-letter bank code, followed by two letters for the country and two characters for the location.

For banks in Mauritania, letters five and six show the ISO country code of Mauritania, which makes these codes easy to recognise. If those two letters do not match Mauritania, you are looking at a bank in another country.

When a code ends in XXX, it refers to the head office and the short version works just as well. For most transfers the head office code is what you need.

How long does a transfer to Mauritania take?

An international transfer to Mauritania usually takes anywhere from one to several business days. Payments made late in the day or just before a weekend or public holiday often go out the next business day.

If a transfer seems late, the sender should contact the sending bank for a trace – the receiving bank often cannot see a payment that has not arrived. Specialist transfer services usually provide a status in their app, which makes it easier to see where the money is.

How reliable is this list?

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a statement or their online banking. If the code you have does not match our list, do not guess – contact the recipient or their bank.

We gather bank codes from publicly available data and check our list regularly. Still, banks merge, rename themselves or retire codes, so information can be out of date. Treat our data as a starting point; the recipient’s bank details are leading. GoldexPay is an independent comparison site and is not affiliated with the banks listed.

Watch out for payment requests with a new account. Before paying, confirm a change of bank details by phone on a number you know.

The cheapest way to send money to Mauritania

The price of a transfer to Mauritania has several parts – not only the fee you see. There is the transfer fee, possibly fees from correspondent banks along the way and, most importantly, the exchange rate markup.

The real cost is often in the rate, rather than in the fee: banks convert at a rate with a margin built in. Compare the bank’s rate against the mid-market rate that you find on financial sites. The difference is your real cost.

For many currency pairs, a specialist provider turns out to be cheaper than a traditional bank transfer. GoldexPay compares transfer services next to each other so you can see the amount that reaches the recipient before you commit.

SWIFT transfers to Mauritania

Mauritania is outside the SEPA area, so European euro rules do not apply. Payments from abroad normally go over the SWIFT network – which is why you need the BIC of the recipient’s bank.

Not all countries use IBAN numbers; in that case the local account number is used instead. Ask the recipient exactly which details their bank needs for incoming international payments – many banks give clear instructions for this. International transfers sometimes go via one or more intermediary banks and fees can be taken along the way.

Most SWIFT codes in Mauritania: Banque Mauritanienne Pour le Commerce International

Banque Mauritanienne Pour le Commerce International leads the list for Mauritania when it comes to the number of SWIFT/BIC codes. The head office uses MBICMRMRXXX, which is the code to use when no branch is specified.

How many codes a bank has says something about how it organises its payments than about its size. Making a payment to Banque Mauritanienne Pour le Commerce International? Go with MBICMRMRXXX except when a specific branch code is requested.