Timber Hill (Europe) AG SWIFT/BIC code

TMBECH22 – the SWIFT/BIC code of Timber Hill (Europe) AG

TMBECH22 and TMBECH22XXX are two ways of writing the same SWIFT/BIC code, and both point to Timber Hill (Europe) AG in Zug. A BIC has a single purpose: it ensures that money from abroad ends up at the right bank. It comes up mostly for payments that cross a border or a currency.

On this page you will find how the code means, when it matters and what else a transfer to or from Timber Hill (Europe) AG requires. The BIC names a bank or branch, never a specific account.

A note on our data

We gather SWIFT/BIC codes from public sources and check them regularly. Even so, banks merge or retire codes, so information can be out of date. The figures on this page are based on what is in our directory.

Treat the information here as a helpful check and rely on the recipient or Timber Hill (Europe) AG for the final confirmation. GoldexPay is not affiliated with Timber Hill (Europe) AG; we are a comparison site for money transfers. Should you notice a mistake, we welcome a message via the contact page.

How to check TMBECH22 before you pay

The best place to find the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. Compare it against TMBECH22 here; if they differ, ask before you pay.

With a wrong code, the payment might get stuck, be returned or cost extra – sometimes after weeks of searching. A mistake in the account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

Most online banking apps check the format of IBANs and sometimes look up the BIC automatically. If your bank offers it, a payee name check on the recipient adds an extra layer of safety. Sending a small amount first is a sensible step for a large first payment despite the extra fee.

Head office or branch code at Timber Hill (Europe) AG?

Having 10 codes, Timber Hill (Europe) AG belongs to the banks that register separate codes for parts of the organisation and departments. The head office code is TMBECH22XXX.

Usually there is no need to pick a branch: transfers sent to TMBECH22XXX are routed within Timber Hill (Europe) AG without problems. When you receive a branch code, stick to it rather than swapping it for the head office code.

Unsure which code applies? Check with the recipient. Branch codes can change when banks reorganise, so do not rely on old paperwork.

Paying into Timber Hill (Europe) AG in CHF

The currency of Switzerland is the Swiss Franc (CHF). When you pay money in a different currency it gets converted somewhere along the way – by your bank, by Timber Hill (Europe) AG or by a bank in between. There is rarely a separate charge for that conversion.

Which bank converts the money matters: every bank has its own margin. In many cases you pay less to send CHF straight away via a transfer service with a good rate.

The CHF rate fluctuates throughout the day. On larger amounts, a small difference in the rate adds up quickly.

SEPA payments and the Timber Hill (Europe) AG BIC

Switzerland is part of the SEPA area. When you send euros from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

Outside the euro and from non-SEPA countries, TMBECH22XXX or TMBECH22 remains required. If a payment form has a field for the BIC regardless, adding TMBECH22 is fine.

SEPA transfers normally land by the next business day, and instant transfers in seconds where both banks support them. Fees for SEPA transfers are generally low as long as everything stays in euros.

Incoming international payments to Timber Hill (Europe) AG

A sender in another country will ask for a few details from you, and missing ones are a common cause of delays. That means: your full name as registered with Timber Hill (Europe) AG, your IBAN or account number, the SWIFT/BIC code TMBECH22XXX (or TMBECH22) and sometimes your address.

You can add Timber Hill (Europe) AG and Zug too, since some forms ask for it. A typo in the IBAN is more trouble than it looks, so copy the details from your online banking.

Money from abroad does not always land in full. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. For business payments, you can agree how the fees are split.

Scams that use SWIFT codes

Stay wary if a contact unexpectedly wants you to pay into another account. The fact that TMBECH22 exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Verify changed bank details through a different channel, such as a phone number you already know, not by replying to the message. Urgency and secrecy are red flags; a genuine business can wait for you to check. If money has already gone to the wrong account, call your bank right away.

Scams can also target the receiver: someone claims to have sent too much and asks you to refund the extra via a different route. A screenshot of a transfer proves nothing – check your own account.

Paying someone abroad from your Timber Hill (Europe) AG account

What you pay for an international transfer has several parts. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

That exchange rate margin is often the largest item because it is hidden in the rate. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services frequently offer a rate near the mid-market rate and lower fees. Next time you send money, take a minute to compare the total cost on GoldexPay instead of going straight to your bank. You can still keep your account at Timber Hill (Europe) AG.

How long does an international transfer to Timber Hill (Europe) AG take?

There is no fixed answer: some land within a day. Bank holidays in either country add a day or more to the journey. Compliance checks on larger or unusual payments can also add a delay, even when all details are correct.

A growing number of banks use SWIFT gpi. Every gpi transfer gets a unique transaction reference, the UETR that banks can use to trace it. Keep the payment confirmation.

The bank that sent the money can request a trace; the receiving side usually has nothing to trace yet. As a recipient, it helps to check your account to see a slightly lower amount.

What the XXX in TMBECH22XXX means

The structure of a BIC never changes: four characters for the institution, two for the country and two for the location. Combined, those parts form TMBECH22.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, they simply mean the head office.

Enter the code in one piece, in upper case and without separators. A wrong character may route the money to another bank, so copy it carefully.