Banque Mauritanienne Pour le Commerce International SWIFT/BIC code

MBICMRMR – the SWIFT/BIC code of Banque Mauritanienne Pour le Commerce International

If an invoice shows MBICMRMR or MBICMRMRXXX, you are looking at the same identifier for Banque Mauritanienne Pour le Commerce International in Mauritania. A SWIFT code shows the banks handling a payment exactly which bank is meant to get the money. You will need it mainly for payments that cross a border and payments in foreign currencies.

Below we go through the practical questions: receiving money at Banque Mauritanienne Pour le Commerce International, sending money abroad and how to check a SWIFT code before you confirm a payment. A SWIFT code names a bank or branch, not a single account; the IBAN or account number does that.

Is MBICMRMR still correct? How to check

Have the recipient send you the account details directly from their online banking. Check it against MBICMRMR here and ask if anything does not match.

Mistakes in the BIC tend to be annoying rather than disastrous. Remember the account number: an error there is more difficult to undo than a wrong code.

Most online banking apps validate the structure of IBANs. If your bank offers it, a payee name check before sending gives an extra layer of safety. Sending a small amount first can be worth it for a large first payment, even if it costs an extra fee.

8 or 11 characters: MBICMRMR versus MBICMRMRXXX

The layout of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code. That gives you MBICMRMR for Banque Mauritanienne Pour le Commerce International.

The 11-character version has a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, so MBICMRMRXXX and MBICMRMR are interchangeable.

Leave out spaces or dashes when you enter MBICMRMR; the code is always written in one block. Pasting the code is safer than retyping it: a typo can point to another bank.

Where our SWIFT data comes from

This directory is based on public sources and we update it periodically. Institutions reorganise, change names and change codes. Counts and locations come from our own dataset.

Treat the information here as a handy check. We are an independent comparison site and not affiliated with Banque Mauritanienne Pour le Commerce International. Should you notice something that is out of date, we welcome a short note.

Changed bank details? Be careful

One of the most common tricks goes like this: you receive a request claiming that a contact now has a new bank account and that the next payment should go there. The fact that MBICMRMR exists does not mean that the account is genuine; criminals use the codes of real banks too.

Before paying, verify a change of bank details by phone, using a number you already had. Urgency and requests to keep it quiet are red flags – a real supplier can wait a day. Acted too fast? Contact the bank you paid from straight away and have them try to recall the payment.

Recipients are targeted too: a classic trick is an overpayment followed by a request to send back the difference to another account. A screenshot of a transfer is no proof.

Banque Mauritanienne Pour le Commerce International: head office code versus branch codes

Our database contains 2 SWIFT/BIC codes for Banque Mauritanienne Pour le Commerce International in 2 cities. Next to the head office code MBICMRMRXXX, there are codes for branches, departments or specific services.

Usually you do not need to pick a branch: payments addressed to MBICMRMRXXX are routed within Banque Mauritanienne Pour le Commerce International without problems. Branch codes are only needed if the account holder specifically mentions it.

The best way is to copy the code directly from the account holder’s bank details. Branch codes are more prone to be retired than MBICMRMRXXX.

Receiving money from abroad at Banque Mauritanienne Pour le Commerce International

A sender in another country will ask for several details about your account – incomplete details often cause delays. Give them the account holder’s name, the IBAN or account number, the BIC MBICMRMRXXX and your address.

Some sending banks want the bank’s address, so keep it at hand. Check every detail before you share them.

Expect that the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee, and when currencies differ, a markup on the rate comes on top. Agree with the sender who pays which costs, especially for larger amounts.

Paying someone abroad from your Banque Mauritanienne Pour le Commerce International account

An international bank payment can cost rather more than the listed fee. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, above all, the exchange rate markup when the money is converted.

Banks do not list their exchange rate markup as a cost – you only notice it if you compare. A simple test: set the rate you get against the mid-market rate and look at the difference.

Specialist money transfer services often offer a rate near the mid-market rate and lower fees. GoldexPay compares what recipients receive across providers, which makes the cheapest option easy to spot. You can still use your account at Banque Mauritanienne Pour le Commerce International as the source of the money, while a cheaper service handles the conversion.

Transfer times and tracking a payment to Banque Mauritanienne Pour le Commerce International

An international transfer typically needs anywhere from one to several business days. Transfers sent after the cut-off time or on a weekend or public holiday usually start the next business day. Extra checks by one of the banks may also cause some delay.

If a transfer is late, contact your bank for the status; with that reference banks can see where the payment is. Specialist transfer services often provide a status online showing how far the money has got.

If a payment has not arrived after a few business days, the person who paid should contact the bank that sent it. On the receiving end, you can look at your statements for a slightly lower amount, since fees may have been deducted.