SWIFT/BIC codes in Monaco

Bank SWIFT codes for Monaco

For Monaco we have 68 SWIFT/BIC codes. A SWIFT code tells the banks handling a transfer exactly which bank should receive an international payment.

Search for the recipient’s bank below and open its page for all codes we have. Further down you can read how codes from Monaco are built, how to send money to Monaco without overpaying and what to check before you pay.

When does money sent to Monaco arrive?

An international transfer to Monaco typically needs one to a few business days, depending on the currency, the route and the banks involved. Public holidays in Monaco or in the sending country add extra days, because banks do not process payments on those days.

If a transfer is late, the sender should contact their own bank; only the sending side can start an official trace. Keep your transfer receipt until the recipient confirms; a bank needs it to start a trace.

Sending money to Monaco for less

An international bank payment to Monaco can cost more than you think. On top of a fixed fee, intermediary banks may deduct a charge and, if currencies are converted, the bank often uses a rate below the actual market rate.

That exchange rate margin tends to be the largest part of the cost, even though it is not listed as a fee. A simple test: set the rate you get against the mid-market rate and look at the difference.

For a lot of routes, a transfer service turns out to be cheaper than a bank. Before you send money to Monaco, it is worth comparing what arrives via GoldexPay instead of going straight to your bank.

Which bank in Monaco has the most codes?

Of all banks we list for Monaco, Lcl (le Credit Lyonnais) Monaco has the largest number of codes. The head office of Lcl (le Credit Lyonnais) Monaco has CRLYMCM1XXX and that code covers most payments.

Banks differ in how many codes they register. If not the recipient asks for a branch, CRLYMCM1XXX is fine for a payment to Lcl (le Credit Lyonnais) Monaco.

SEPA transfers to Monaco

Because Monaco is part of SEPA, a euro transfer to a bank in Monaco normally requires just an IBAN. Most banking apps do not require the BIC for these payments.

You still need a SWIFT code when sending payments in other currencies or transfers from countries outside SEPA. Euro payments within SEPA usually arrive by the next business day, and instant transfers in seconds where both banks support them. Costs stay low as long as no currency is converted.

What the letters in a Monaco BIC mean

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.

For banks in Monaco, letters five and six show the ISO country code of Monaco – that is the quickest way to spot one. When the country letters do not match Monaco, you are looking at a bank somewhere else, so check again.

If the last three are XXX, it means the main office, and the 8-character version leads to the same place. For most transfers the head office code is what you need unless the recipient asks for a specific branch.

The Euro (EUR) and conversion costs

Bank accounts in Monaco are typically held in EUR – the Euro. When you pay money in a different currency, it has to be converted at some point.

Which bank converts the payment makes a difference: every bank has its own margin. Compare how much EUR arrives with several services. Exchange rates move during the day.

About our data and how to check a code

The safest source for the BIC is the bank details provided by the recipient: an invoice, a statement or their online banking. A wrong code can cause delays, a returned payment or additional charges, so compare it with the list on this page.

This list is based on publicly available sources and is updated regularly. Even so, banks merge or retire codes, so information can be out of date. Use this list as a starting point, not as the final word: the bank details from the recipient come first. GoldexPay is not a bank and is not affiliated with the banks listed.

Be wary of payment requests with changed bank details. Before paying, verify a change of bank details by phone, using a number you already had.

What a sender needs to pay you in Monaco

Someone abroad who wants to pay you needs a few details from you, and missing ones are a common cause of delays. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code of your bank and usually your address.

Your bank’s code is in the list on this page. Some sending banks also want the name and address of your bank.

The amount you receive is often lower than what was sent. Charges on incoming payments differ from bank to bank – your bank’s price list tells you what applies. For business payments, agree how the fees are split, so nobody is left short.