Imc B.V. SWIFT/BIC code

IMCBNL21 – the SWIFT/BIC code of Imc B.V.

IMCBNL21 and IMCBNL21XXX are two spellings of the same bank identifier, and both point to Imc B.V. in Amsterdam. A SWIFT code tells every bank in the chain exactly which bank should receive the money, much like a postcode for banks. In daily life you mostly come across it on invoices from abroad, in your banking app and in the bank details that Imc B.V. provides.

Further down you will find the practical side: receiving money at Imc B.V., sending money abroad and how to verify a SWIFT code before you confirm a payment. A SWIFT code names an institution, never a single account, which is why you always need the account number too.

Changed bank details? Be careful

Stay wary when a contact unexpectedly asks you to pay into another account. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify changed bank details via a separate channel like a call to a number from an earlier contract. Pressure or requests to keep it quiet are warning signs – a real supplier can wait a day. If a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Scams can also target the receiver: someone claims to have sent too much and asks you to refund the extra to a new account. Wait until the money has really arrived and check with Imc B.V. if anything seems off.

Incoming international payments to Imc B.V.

Someone abroad who wants to pay you will ask for several details about your account – incomplete details often cause delays. In practice that means: your full name as registered with Imc B.V., your account number or IBAN, the BIC IMCBNL21XXX (or IMCBNL21) and usually your address.

Some banks want the bank’s address; it does no harm to include it. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

The amount you receive is often less than the amount sent. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin comes on top. On invoices, you can state how the fees are split, so that nobody is left short.

How long does an international transfer to Imc B.V. take?

How fast a transfer arrives at Imc B.V. is determined by a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Transfers sent late in the day or on a weekend or public holiday usually start a business day later. Occasionally a bank wants to know what the payment is for before releasing it.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR. Money transfer services usually provide tracking in their app so you can see how far the payment is.

A delayed transfer has to be traced from the sending side, using the payment confirmation. On the receiving end, it helps to look at your statements for a partial amount.

Why Imc B.V. has an 8- and an 11-character code

The structure of a BIC never changes: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. That gives you IMCBNL21 for Imc B.V..

Most payment forms accept both lengths. If a form requires eleven characters, use IMCBNL21XXX, otherwise IMCBNL21 is fine.

In practice the code is typed in capitals. Watch for the letter O and the digit 0 and the letter I and the digit 1; they are easy to mix up.

Sending EUR to Imc B.V.

The currency of Netherlands is the Euro (EUR). A payment in a foreign currency is converted into EUR on its way to Imc B.V., and whoever converts it chooses the rate. Every conversion eats into something – usually through the rate rather than a fee.

Which bank converts the payment matters. Transferring the money already in EUR often avoids a second conversion by Imc B.V..

Exchange rates move all the time – some services let you fix a rate in advance. On larger amounts, a seemingly small difference in the rate can be worth more than the fee.

Is IMCBNL21 still correct? How to check

The best place to find the correct BIC remains a document from the bank itself like a bank statement or the account page in online banking. If the code you have does not match IMCBNL21 or IMCBNL21XXX, stop and ask.

Mistakes in the BIC tend to be costly rather than fatal. Do not forget the account number: an error there can be more difficult to correct than a wrong code.

An automatic check by your bank merely tells you that the IBAN exists – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check on the recipient adds extra certainty. When you pay someone new, some people send a small test amount.

A note on our data

We collect bank codes from publicly available data and update our list from time to time. Even so, banks merge or retire codes, so information can be out of date. Figures such as the number of codes come from our directory and are not confirmed by Imc B.V..

Treat this page as a starting point, rather than as the last word – the bank details from the recipient are leading. We are a comparison service for money transfers and not affiliated with Imc B.V.. Should you notice a mistake, we appreciate a message via the contact page.

Paying Imc B.V. in euros within SEPA

Netherlands is part of the SEPA area, where euro transfers follow common rules. For a standard euro transfer from another SEPA country, the IBAN is usually enough.

You will still need IMCBNL21XXX when sending payments in other currencies or money from outside the SEPA area. If your banking app asks for the BIC anyway, entering IMCBNL21 does no harm.

Instant payments in euros are widely supported across SEPA. As long as no currency is converted, a SEPA transfer is cheap; it is the conversion that costs money.

International transfers from Imc B.V.: the real cost

An international bank payment can cost more than the fee suggests. You pay the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup if the currency changes.

Many banks do not list their exchange rate markup as a cost. An easy check: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

Specialised transfer providers frequently offer rates closer to the mid-market rate with clearer fees. GoldexPay lists transfer providers next to each other, showing the amount the recipient gets. You can always keep your account at Imc B.V. as the source of the money.

Choosing between the 3 SWIFT codes of Imc B.V.

With 3 codes, Imc B.V. is one of the banks that use individual codes for parts of the organisation and departments. The head office code is IMCBNL21XXX.

If nobody asks you for a branch code, use IMCBNL21XXX or its short form IMCBNL21. If you have been given a specific code, stick to it rather than replacing it with the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Branch codes are more likely to be retired than IMCBNL21XXX.