Metropolitan Bank and Trust Company SWIFT/BIC code

Metropolitan Bank and Trust Company SWIFT code: MBTCTWTP

The short code MBTCTWTP and the 11-character code MBTCTWTPXXX refer to the same bank: Metropolitan Bank and Trust Company. A SWIFT code tells the sending bank which institution is meant to get the money, much like a postcode for banks. In practice you usually come across the code on international invoices, in payment forms and in the bank details of Metropolitan Bank and Trust Company customers.

On this page you can read how the code is put together, when you need it and what else a transfer to or from Metropolitan Bank and Trust Company requires. Keep in mind that the BIC just identifies the bank, not the person: the IBAN or account number takes care of that.

When will the money arrive at Metropolitan Bank and Trust Company?

There is no fixed answer for every transfer: some land the same day or the next. Weekends and public holidays in the sending or receiving country add extra days to the journey. Compliance checks on larger or unusual payments can also cause a delay.

Many banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique reference, the UETR. Keep the payment confirmation.

Only the sending bank is able to start an official trace. As a recipient, it helps to look at your statements for a slightly lower amount because fees can reduce the amount.

Choosing between the 2 SWIFT codes of Metropolitan Bank and Trust Company

With 2 codes in 2 locations, Metropolitan Bank and Trust Company belongs to the banks that register individual codes for parts of the organisation and departments. The main code remains MBTCTWTPXXX.

For the vast majority of payments to a private or business account, the head office code MBTCTWTPXXX is the right choice. When you receive a specific code, stick to it rather than replacing it with the head office code.

The safest route is to copy the code straight from the recipient’s invoice. Codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Getting paid from abroad into a Metropolitan Bank and Trust Company account

A sender in another country needs a few details about your account – incomplete details often cause delays. That means: your full name as registered with Metropolitan Bank and Trust Company, your account number or IBAN, the BIC MBTCTWTPXXX and usually your address.

Certain sending banks also ask for the address of Metropolitan Bank and Trust Company. A mistake in the IBAN is harder to fix than you might think, so copy the details from your online banking.

The amount you receive is often lower than the amount sent. Fees for incoming transfers vary per bank. Make clear with the sender who covers the fees.

How up to date is this code?

This directory is based on public sources. Institutions reorganise, change names and change codes, and a directory never catches every change immediately. Counts and locations are from our directory and are not confirmed by Metropolitan Bank and Trust Company.

See the information here as a handy check and rely on the recipient or Metropolitan Bank and Trust Company for the final confirmation. GoldexPay has no connection to Metropolitan Bank and Trust Company; we are a comparison site for money transfers. Spotted outdated information? Let us know through the contact page and we will look into it.

What the XXX in MBTCTWTPXXX means

Every SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. In this case, the 8-character core is MBTCTWTP.

XXX at the end of MBTCTWTPXXX does not stand for a placeholder or a mistake: it indicates the head office of Metropolitan Bank and Trust Company. Some banking apps insist on 11 characters, and then you can add XXX after MBTCTWTP.

Type the code as one block, in upper case and without spaces, exactly as shown here. Look out for O versus 0 or I versus 1; they are easy to mix up.

Watch out for payment fraud

Be alert if a contact suddenly asks you to pay into another account abroad. The fact that MBTCTWTP exists is no guarantee that the account is legitimate.

Check new payment details via a separate channel like a call to a number from an earlier contract, not by replying to the message. Watch out for time pressure, odd spelling or an email address that differs by one letter. When money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference. A payment confirmation from the sender proves nothing – check your own account.

Paying someone abroad from your Metropolitan Bank and Trust Company account

An international bank payment costs more than the listed fee. On top of the transfer fee, banks in between may deduct a fee, and if currencies are converted the bank often applies a rate that is less favourable than the real market rate.

Banks rarely list their exchange rate markup as a cost – you only notice it if you compare. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

Money transfer services frequently offer a rate near the mid-market rate with clearer fees. On GoldexPay you can compare the amount that arrives with different providers, so you can pick the cheapest route. You can still use your account at Metropolitan Bank and Trust Company to fund the transfer.

Is MBTCTWTP still correct? How to check

Ask the recipient to copy their bank details straight from their banking app. Check that code against MBTCTWTP on this page and ask if anything does not match.

Mistakes in the SWIFT code are annoying rather than disastrous – usually the money comes back, minus fees and time lost. Do not forget the account number: a mistake there can be more difficult to correct than a wrong BIC.

An automatic check in your banking app merely confirms that the IBAN exists – not that it belongs to the person you mean to pay. Where available, a name check before sending gives extra certainty. For a first payment, many people start with a small amount first and wait for confirmation.