Credit du Maroc SWIFT/BIC code

SWIFT/BIC code of Credit du Maroc

CDMAMAMC and CDMAMAMCXXX are the short and the long form of the same bank identifier, and both point to Credit du Maroc in Casablanca. A SWIFT code tells the sending bank which institution is meant to get the money, much like a postcode for banks. In daily life you usually come across the code on invoices from abroad, in your banking app and on the account details of Credit du Maroc customers.

On this page you can read how the code is put together, when you need it and what else you need for a transfer to or from Credit du Maroc. A SWIFT code names a bank or branch, never a single account.

Choosing between the 13 SWIFT codes of Credit du Maroc

With 13 codes in 7 locations, Credit du Maroc is one of the banks that use individual codes for branches and departments. The head office code is CDMAMAMCXXX.

In most cases you do not need to pick a branch: payments addressed to CDMAMAMCXXX reach Credit du Maroc correctly. Only use a branch code when the account holder gives you that exact code.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes can change over time, so a code from an old document is not always valid.

Is CDMAMAMC still correct? How to check

Have the recipient send you their bank details directly from their online banking. If the code you have does not match CDMAMAMC or CDMAMAMCXXX, do not guess – contact the recipient or Credit du Maroc.

Mistakes in the BIC tend to be costly rather than disastrous. A mistake in the IBAN or account number is a bigger problem because it can reach the wrong person, so check that just as carefully.

An automatic check by your bank merely confirms that the IBAN is valid. More and more banks check the payee name with the account; take any warning seriously. When you pay someone new, some people send a small test amount and wait for confirmation.

Watch out for payment fraud

Criminals often send fake invoices containing changed bank details, sometimes in an email that looks completely genuine. That CDMAMAMC is a real code is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Before paying, confirm a change of bank details by phone. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Acted too fast? Contact the bank you paid from without delay and have them start a recall; also report it to the police.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to refund the difference abroad. Wait until the money is actually in your account – ask Credit du Maroc if something looks wrong.

When will the money arrive at Credit du Maroc?

An international transfer typically needs one to a few business days, depending on the currency, the route and the banks involved. Bank holidays in either country can add extra days to the journey. Extra checks by one of the banks can also cause some delay.

If a transfer is delayed, ask your bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services usually provide a status in their app showing how far the payment has got.

A missing payment is investigated by the sending bank, using the payment confirmation. As a recipient, it helps to check your statements to see a partial amount because fees can reduce the amount.

Sending money abroad from Credit du Maroc

What you pay for an international transfer has more than one component, and the transfer fee is only the most visible one. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency the bank often uses a rate that is less favourable than the actual market rate.

Banks do not list the margin on the rate separately. Check their rate against the mid-market rate. The difference is your real conversion cost.

For many routes, a specialist provider is cheaper than a traditional bank transfer – mostly thanks to the rate. On GoldexPay we compare what recipients receive across providers. Choosing a specialist does not require closing your account at Credit du Maroc.

A note on our data

We collect SWIFT/BIC codes using publicly available data and check them from time to time. Still, banks merge or change codes, so information can be out of date. The figures on this page are based on what is in our directory and not on information from Credit du Maroc itself.

See our directory on this page as a helpful check, and let the details from the recipient or Credit du Maroc have the final say. We are an independent comparison service for money transfers and not affiliated with Credit du Maroc. Found an error? Let us know through the contact page so we can correct it.

Incoming international payments to Credit du Maroc

For a transfer from abroad at Credit du Maroc, the person paying you needs not just the SWIFT code. What they need is: your name, IBAN or account number, CDMAMAMCXXX and often your postal address.

Certain sending banks want the name and address of Credit du Maroc; it does no harm to include it. A mistake in the IBAN can be more trouble than you might think.

Money from abroad does not always land for the full amount. Fees for incoming transfers vary from bank to bank – the price list of Credit du Maroc tells you what applies. Make clear with the sender who covers the fees.

What the XXX in CDMAMAMCXXX means

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, the next two show the country and the two after that indicate the location. The result is CDMAMAMC.

Most banks and apps work with both lengths. If a form requires eleven characters, enter CDMAMAMCXXX.

Do not add spaces or dashes when you type CDMAMAMC or CDMAMAMCXXX. Watch for O versus 0 or I versus 1; they are easy to mix up.