Edmond de Rothschild-Monaco SWIFT/BIC code

What BERLMCMC means for a payment to Edmond de Rothschild-Monaco

Whether you are given BERLMCMC or BERLMCMCXXX, it is the same identifier for Edmond de Rothschild-Monaco in Monaco. A BIC does one job: it makes sure that a cross-border transfer reaches the right bank. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

This page is meant to help anyone who sends money to an account at Edmond de Rothschild-Monaco. Keep in mind that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

How to check BERLMCMC before you pay

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. If the code you have differs from BERLMCMC or BERLMCMCXXX, do not guess – contact the recipient or Edmond de Rothschild-Monaco.

If the code is wrong, the transfer might be delayed, bounce back or end up costing more, and tracing it can take weeks. Do not forget the IBAN: an error there can be more difficult to undo than a wrong code.

Most online banking apps check the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. More and more banks check the payee name against the account; take any warning seriously. A small test payment is a sensible step for a large first payment.

BERLMCMC or BERLMCMCXXX – which one to use?

The layout of every SWIFT code is always the same: four characters for the institution, two for the country and two for the location. The result is BERLMCMC.

The 11-character version has three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office.

Enter the code as one block, in upper case and without separators. Pasting the code is safer than retyping it, because one wrong letter changes the bank.

Do you need BERLMCMC for a SEPA transfer?

Since Monaco is in the SEPA zone, a euro transfer to Edmond de Rothschild-Monaco from within the SEPA area usually requires just the IBAN. Many banks do not require the BIC for these payments.

Outside the euro and from non-SEPA countries, BERLMCMCXXX remains required. Some forms still ask for the BIC; if so, enter BERLMCMC.

Instant euro transfers have become widely available across SEPA; check with Edmond de Rothschild-Monaco whether it applies to your account. As long as no currency is converted, the transfer tends to be inexpensive; it is the conversion that costs money.

Where our SWIFT data comes from

This directory draws on publicly available sources and is updated regularly. Institutions merge, change names and retire codes. Counts and locations come from our own dataset and are not confirmed by Edmond de Rothschild-Monaco.

For any payment that matters, always confirm the BIC with Edmond de Rothschild-Monaco or the recipient. GoldexPay is not affiliated with Edmond de Rothschild-Monaco, we only compare transfer services. Spotted an error? Let us know through the contact page and we will look into it.

Receiving money from abroad at Edmond de Rothschild-Monaco

To receive a transfer from abroad into your account at Edmond de Rothschild-Monaco, the person paying you needs not just the BIC. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code BERLMCMCXXX (or BERLMCMC) and usually your postal address.

Certain banks want the address of Edmond de Rothschild-Monaco. Check every detail before you share them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, Edmond de Rothschild-Monaco may charge for incoming payments, and if the currency changes, a markup on the rate applies. For business payments, it is common to agree how the fees are split, so that nobody is left short.

Paying someone abroad from your Edmond de Rothschild-Monaco account

When you send money abroad through Edmond de Rothschild-Monaco, the fee you see is rarely all of the cost. There is the transfer fee, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts using an exchange rate with a margin built in. An easy check: put the rate you get next to the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a transfer service is less expensive than a bank, mainly because of the exchange rate. GoldexPay compares these services side by side so you can see what actually arrives. Using a transfer service does not require closing your account at Edmond de Rothschild-Monaco: you simply pay the service from your account.

Head office or branch code at Edmond de Rothschild-Monaco?

We have 2 SWIFT/BIC codes for Edmond de Rothschild-Monaco in 1 cities. Next to the head office code BERLMCMCXXX, you will find codes for individual branches and departments.

Unless the recipient tells you otherwise, go with BERLMCMCXXX. If you have been given a specific code, use it as it is rather than replacing it with the head office code.

Not sure which code to use? Check with the recipient. Codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Euro (EUR) and conversion costs

Most accounts at Edmond de Rothschild-Monaco are usually held in EUR, the national currency of Monaco. A payment in a foreign currency will be exchanged into EUR on its way to Edmond de Rothschild-Monaco, and whoever converts it chooses the rate. Every conversion eats into the amount.

Which bank converts the money matters, because each party uses its own rate. Often it is cheaper if you send EUR directly via a transfer service with a good rate rather than letting the receiving bank convert.

Exchange rates change all the time, and some providers let you lock in a rate. For regular payments, small differences in the rate make a real difference over a year.

Transfer times and tracking a payment to Edmond de Rothschild-Monaco

An international transfer usually takes anywhere from one to several business days. Weekends and public holidays in the sending or receiving country add a day or more, since banks do not process on those days. Sometimes a bank asks about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, ask your bank for the tracking status and the transaction reference. Keep the payment confirmation until the money has arrived; it contains the details a bank needs to start a trace.

The bank that sent the money can request a trace – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.

Scams that use SWIFT codes

Stay wary when someone suddenly wants you to send money to a different account or a bank in another country. The fact that BERLMCMC exists is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Always confirm a change of bank details by phone, using a number you already had. Be suspicious of time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Call your bank without delay and have them try to recall the payment.

Fraud can also target the receiver. Someone sends more than agreed and wants you to return the extra via a different route. Wait until the money has really arrived and check with Edmond de Rothschild-Monaco if anything seems off.