J.p. Morgan (Suisse) S.A. SWIFT/BIC code

MGTCCHGG – the SWIFT/BIC code of J.p. Morgan (Suisse) S.A.

MGTCCHGG and MGTCCHGGXXX are two ways of writing the same SWIFT/BIC code, and both point to J.p. Morgan (Suisse) S.A. in Geneva. Every bank on the SWIFT network uses these codes to route payments between countries to the right institution. You will need it mostly when dealing with transfers between countries and payments in foreign currencies.

On this page we explain what the code means, when you need it and which other details a transfer to or from J.p. Morgan (Suisse) S.A. requires. Remember that the BIC just identifies the bank, not the person: the IBAN or account number takes care of that.

Changed bank details? Be careful

Stay alert if a contact suddenly asks you to pay into a different account abroad. A valid SWIFT code tells you nothing about whether the request is genuine.

Do not trust contact details in the same message that contains the new account. Urgency and secrecy are red flags. Already paid? Call your bank without delay and have them start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference abroad. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Tracking a transfer to or from J.p. Morgan (Suisse) S.A.

There is no fixed delivery time: many arrive the same day or the next while others need several business days. Bank holidays in either country can add extra days, since banks do not process on those days. Extra checks by one of the banks may also add a delay, regardless of the details.

If the money seems delayed, ask the sending bank for the status and the transaction reference. Keep your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

If the money does not arrive within the expected time, the sender needs to contact the bank that sent it. As a recipient, it helps to check your account for a partial amount because fees can reduce the amount.

Paying into J.p. Morgan (Suisse) S.A. in CHF

The local currency in Switzerland is the Swiss Franc (CHF). If you send money in a different currency, the amount gets converted somewhere along the way. There is rarely a separate charge for the conversion – the cost sits in the rate.

Where the conversion happens affects the final amount. Compare what CHF arrives with several services; the difference between options can be larger than you expect.

The CHF rate fluctuates constantly. If you pay regularly, a slightly better rate make a real difference over a year.

Which of the 2 codes of J.p. Morgan (Suisse) S.A. do you need?

Our directory lists 2 SWIFT/BIC codes for J.p. Morgan (Suisse) S.A.. Besides the head office code MGTCCHGGXXX, you will find codes for regional offices and specialised units.

Usually there is no need to look up a branch: payments sent to MGTCCHGGXXX are routed within J.p. Morgan (Suisse) S.A. correctly. Only use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes can change over time, so do not rely on old paperwork.

International transfers from J.p. Morgan (Suisse) S.A.: the real cost

A bank transfer abroad can cost rather more than the listed fee. You pay the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup when the money is converted.

Many banks do not show the margin on the rate as a cost – you only notice it if you compare. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For many routes, a transfer service is cheaper than a bank – mostly thanks to the rate. Next time you send money, take a minute comparing what arrives via GoldexPay. You can always keep your account at J.p. Morgan (Suisse) S.A. as the source of the money; only the conversion and sending happen elsewhere.

A note on our data

We collect bank codes using publicly available data and update our list from time to time. Still, banks merge or retire codes, so information can be out of date. The figures we show reflect our own data.

Before a payment of any size, check the BIC with the recipient’s bank or the recipient. GoldexPay is independent of J.p. Morgan (Suisse) S.A., we only compare transfer services. Should you notice a mistake, we welcome a message via the contact page.

What the XXX in MGTCCHGGXXX means

The structure of a BIC never changes: four characters for the institution, two for the country and two for the location, sometimes followed by a branch code. For J.p. Morgan (Suisse) S.A., that core is MGTCCHGG.

XXX at the end of MGTCCHGGXXX is not a placeholder or an error: it stands for the main office of J.p. Morgan (Suisse) S.A.. Some forms ask for 11 characters, in which case you simply add XXX after MGTCCHGG.

Do not add spaces when you type MGTCCHGG. A single character can send a payment to a different institution, so check it twice.

Incoming international payments to J.p. Morgan (Suisse) S.A.

When you are waiting for a payment from another country, send the payer everything they need in one go. Give them the account holder’s name, the IBAN or account number, SWIFT code MGTCCHGGXXX and your address.

Their bank may also ask for the address of your bank, in which case the Geneva head office is the usual answer. A mistake in the IBAN can be harder to fix than it looks; copy them from your banking app rather than typing.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Correspondent banks can take a fee, J.p. Morgan (Suisse) S.A. may charge for incoming payments, and if the currency changes, a markup on the rate applies. Agree with the sender who covers the fees.

Do you need MGTCCHGG for a SEPA transfer?

Inside SEPA, euro payments to an account in Switzerland use common rules and in most cases need only the IBAN. A field for the BIC is usually optional or missing in that case.

You will still need MGTCCHGGXXX for non-euro payments or money from outside the SEPA area. If your banking app asks for the BIC anyway, adding MGTCCHGG is fine.

SEPA transfers usually arrive within one business day; instant payments are faster if both banks offer them. Provided no currency is converted, a SEPA transfer is cheap; it is the conversion that costs money.

Is MGTCCHGG still correct? How to check

Have the recipient copy the account details directly from a recent statement. If the code you have differs from MGTCCHGG or MGTCCHGGXXX, do not guess.

A wrong SWIFT code can cause delays, a returned payment or extra fees for investigation. A mistake in the IBAN or account number is more serious, because the money may be credited to someone else, so check that just as carefully.

A validity check in your banking app only tells you that the IBAN exists. Where available, a payee name check before sending gives an extra layer of safety. For a first payment, some people start with a small test amount and wait for confirmation.