Sabmiller Mozambique SWIFT/BIC code

What SABMMZM1 means for a payment to Sabmiller Mozambique

If an invoice shows SABMMZM1 or SABMMZM1XXX, it is the same address for Sabmiller Mozambique in Mozambique. Every bank on the SWIFT network uses BIC codes to route payments between countries to the right institution. You will need it mainly for transfers between countries or a currency.

On this page you will find what the code means, when you need it and which other details a transfer to or from Sabmiller Mozambique requires. The SWIFT code on its own cannot identify a personal account; for that you need the account number or IBAN .

8 or 11 characters: SABMMZM1 versus SABMMZM1XXX

The layout of every SWIFT code never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. For Sabmiller Mozambique, the 8-character core is SABMMZM1.

XXX at the end of SABMMZM1XXX does not stand for a missing value or a mistake: it stands for the head office of Sabmiller Mozambique. Some banking apps insist on 11 characters, in which case you can enter XXX after SABMMZM1.

Enter the code as one block, in upper case and without separators, exactly as shown here. A wrong character can send a payment to a different institution, so check it twice.

Scams that use SWIFT codes

One of the most common tricks works like this: an email arrives with a request claiming that a supplier now has new bank details. The fact that SABMMZM1 exists is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Never rely on contact details from the same email that announces the new account. Pressure and secrecy tend to be red flags – a real supplier can wait a day. When a payment has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. Wait until the money is actually in your account.

Incoming international payments to Sabmiller Mozambique

A sender in another country needs a few details about your account – incomplete details often cause delays. Share the account holder’s name, your account number or IBAN, the BIC SABMMZM1XXX and your address.

The sender’s bank may also ask for the bank address of Sabmiller Mozambique; the head office in Maputo is usually fine. A typo in your account number is more trouble than it looks, so copy the details from your online banking.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. On invoices, you can state who bears the costs.

When will the money arrive at Sabmiller Mozambique?

There is no single delivery time: many land the same day or the next. Payments made after the cut-off time or just before a weekend or public holiday usually start a business day later. Compliance checks by one of the banks may also add some delay.

If the money seems late, contact your bank about the tracking status. Save the payment confirmation.

If a payment has not arrived within the expected time, the person who paid needs to contact the bank that sent it rather than Sabmiller Mozambique. Request from the sender the payment receipt with the date and reference.

Where our SWIFT data comes from

The details here come from public sources that we update regularly. It is possible that information on this page is no longer current. The figures on this page are based on our own data.

See the information here as a helpful check and rely on the recipient or Sabmiller Mozambique for the final confirmation. We are an independent comparison service and not part of Sabmiller Mozambique. If you notice a mistake, we appreciate a message via the contact page.

Sending money abroad from Sabmiller Mozambique

An international bank payment can cost more than the fee suggests. Besides the transfer fee, banks in between can deduct a fee, and if the money changes currency, the bank usually applies a rate below the actual market rate.

Banks rarely show their exchange rate markup separately – you only notice it if you compare. An easy check: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

For many routes, a transfer service is cheaper than a bank – mostly thanks to the rate. GoldexPay compares what recipients receive with different providers. You can still keep your account at Sabmiller Mozambique to fund the transfer; only the conversion and sending happen elsewhere.

Before you send: check the Sabmiller Mozambique code

The most reliable source for the BIC is the bank details provided by the recipient. Check that code with SABMMZM1 here.

An incorrect BIC may lead to delays, a payment being sent back or extra fees. Remember the IBAN: an error there can be harder to undo than a wrong code.

An automatic check by your bank only tells you that the IBAN is valid. Some banks now check the payee name against the account; take any warning seriously. When you pay someone new, some people start with a small amount first before sending the rest.

Which of the 2 codes of Sabmiller Mozambique do you need?

With 2 codes, Sabmiller Mozambique is one of the banks that use individual codes for branches and departments. The main code remains SABMMZM1XXX.

In most cases there is no need to pick a branch: payments addressed to SABMMZM1XXX are routed within Sabmiller Mozambique without problems. When you receive a specific code, stick to it instead of replacing it for the head office code.

The safest approach is to take the code straight from the recipient’s invoice. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.