Banque Havilland (Monaco) S.a.m. SWIFT/BIC code

What HAVLMCMX means for a payment to Banque Havilland (Monaco) S.a.m.

HAVLMCMX and HAVLMCMXXXX are two spellings of the same bank identifier, and both point to Banque Havilland (Monaco) S.a.m. in Monaco. A SWIFT code shows the sending bank exactly which bank is meant to get the money. You will need it mostly when dealing with payments that cross a border and payments in foreign currencies.

On this page we explain what the code is put together, when you need it and which other details you need for a transfer to or from Banque Havilland (Monaco) S.a.m.. A SWIFT code identifies a bank or branch, not a specific account; the IBAN or account number does that.

The Euro and what conversion costs you

Monaco uses the Euro, with the currency code EUR. Money sent in a different currency will be exchanged into EUR on its way to Banque Havilland (Monaco) S.a.m., and whoever converts it chooses the rate. Each conversion eats into something, even when no fee is shown.

Where the conversion happens affects the final amount. Transferring the money directly in EUR usually prevents a second conversion at the receiving end, provided the rate you get is fair.

The rate for EUR fluctuates throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even small gap in the rate can be worth more than the fee.

Where our SWIFT data comes from

We gather SWIFT/BIC codes using public sources and check our list regularly. Even so, banks merge, rename themselves or change codes. The number of codes on this page are based on our own data.

See the information on this page as a helpful check. GoldexPay is a comparison service and not affiliated with Banque Havilland (Monaco) S.a.m.. Spotted outdated information? Tell us via our contact form.

What a transfer from Banque Havilland (Monaco) S.a.m. abroad really costs

If you transfer money to another country through Banque Havilland (Monaco) S.a.m., the visible fee is only part of the cost. There is the transfer fee, possibly charges from correspondent banks in between and, most importantly, the exchange rate markup when the money is converted.

That exchange rate margin is often the biggest cost because it is hidden in the rate. A simple test: set the bank’s rate against the mid-market rate and work out the difference on your amount.

Money transfer services frequently offer rates closer to the mid-market rate with clearer fees. Before your next transfer, it is worth to compare the total cost via GoldexPay rather than accepting the bank’s rate by default. You can still use your account at Banque Havilland (Monaco) S.a.m. as the source of the money.

Transfer times and tracking a payment to Banque Havilland (Monaco) S.a.m.

There is no fixed delivery time for international payments: many arrive the same day or the next while others need several business days. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Extra checks on larger or unusual payments can also add some delay, regardless of the details.

When a payment takes longer than expected, ask your bank about the status so they can trace it along the chain. Save the payment confirmation until the recipient confirms – you will need it for any trace request.

A delayed transfer has to be traced by the sending bank. Ask the sender for a copy of the payment confirmation including the reference.

Banque Havilland (Monaco) S.a.m.: head office code versus branch codes

We have 2 SWIFT/BIC codes for Banque Havilland (Monaco) S.a.m., spread over 1 locations. Besides the head office code HAVLMCMXXXX, there are codes for individual branches and departments.

Unless the recipient tells you otherwise, use HAVLMCMXXXX or its short form HAVLMCMX. A branch code only makes sense when the recipient’s bank specifically asks for it.

The best way is to copy the code directly from the account holder’s invoice. Codes for branches are more likely to change than HAVLMCMXXXX.

SEPA payments and the Banque Havilland (Monaco) S.a.m. BIC

Since Monaco is in the SEPA zone, a euro payment into Banque Havilland (Monaco) S.a.m. from another SEPA country normally only needs an IBAN. Most banking apps do not require the BIC for these payments or fill it in for you.

You still need HAVLMCMXXXX when sending payments in other currencies or transfers from countries outside SEPA. Some forms still show a field for the BIC out of habit; if so, fill in HAVLMCMX or HAVLMCMXXXX.

Instant payments in euros are increasingly supported across SEPA. Fees for SEPA payments are generally low, as long as no currency conversion is involved.

Verifying the SWIFT code of Banque Havilland (Monaco) S.a.m.

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Check that code against HAVLMCMX on this page.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges along the way. Remember the IBAN: a mistake there is more difficult to correct than a wrong code.

A format check in your banking app merely confirms that the code is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check before sending gives an extra layer of safety. A small test payment is a sensible step for large sums.

What the XXX in HAVLMCMXXXX means

Each SWIFT/BIC code has an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. That gives you HAVLMCMX, the short form of the code.

The long version adds three more characters that identify a branch or department. If the last three are XXX, the code points to the head office, which is why HAVLMCMXXXX and HAVLMCMX lead to the same place.

Leave out spaces, dots when you enter HAVLMCMX. Copying the code is safer than retyping it.

Changed bank details? Be careful

Stay alert when a contact unexpectedly asks you to send money to a different account abroad. A valid SWIFT code says nothing about whether the request is genuine.

Do not rely on contact details in the same message that contains the change. Watch out for time pressure, unusual wording or a sender address that is slightly off. When a payment has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

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

Receiving money from abroad at Banque Havilland (Monaco) S.a.m.

For an international payment at Banque Havilland (Monaco) S.a.m., the sender has to have not just the BIC. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the BIC HAVLMCMXXXX and, often, your postal address.

Certain sending banks also ask for the name and address of Banque Havilland (Monaco) S.a.m., so keep it at hand. Double-check every detail before you send them, because the sender’s bank usually copies them as is.

The amount you receive can be less than what was sent. Charges on incoming payments differ from bank to bank; check the price list of Banque Havilland (Monaco) S.a.m.. Agree with the sender who covers the fees.