M and T Bank SWIFT/BIC code

M and T Bank SWIFT code: MANTUS33

The 8-character code MANTUS33 and the 11-character code MANTUS33XXX identify one and the same institution: M and T Bank, with its head office in Buffalo,ny. The code does one job: it ensures that money from abroad ends up at the right bank. You will need it mostly when dealing with payments that cross a border and payments in foreign currencies.

This page is meant to help anyone who receives money at an account at M and T Bank without mistakes. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN .

Verifying the SWIFT code of M and T Bank

The safest source for a SWIFT code is the recipient’s own bank details. If the code you have differs from MANTUS33 or MANTUS33XXX, stop and ask.

Mistakes in the SWIFT code tend to be annoying more than fatal. Do not forget the account number: an error there is harder to undo than a wrong code.

Most online banking apps validate the format of IBANs and some suggest the matching BIC. Some banks now check the name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first.

Getting paid from abroad into a M and T Bank account

To receive an international payment at M and T Bank, the person paying you needs not just the BIC. Share the account holder’s name, your account number or IBAN, SWIFT code MANTUS33XXX and your address.

Their bank may also ask for the address of your bank; the head office in Buffalo,ny is usually fine. Double-check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

An incoming payment does not always arrive in full. Fees for incoming transfers vary per bank – the price list of M and T Bank tells you what applies. Agree with the sender who pays which costs, especially for larger amounts.

Why M and T Bank has an 8- and an 11-character code

A SWIFT code is built from a few fixed parts: characters one to four stand for the bank, characters five and six give the country and the two after that indicate the location. That gives you MANTUS33 for M and T Bank.

Most payment forms accept either length. If a form asks for eleven characters, use MANTUS33XXX.

In practice the code is written in capitals, without spaces or dashes. Pasting the code beats typing it by hand.

Choosing between the 3 SWIFT codes of M and T Bank

Having 3 codes, M and T Bank is one of the banks that register separate codes for parts of the organisation and departments. The main code remains MANTUS33XXX.

Unless the recipient tells you otherwise, go with MANTUS33XXX or its short form MANTUS33. Branch codes are only needed when the account holder explicitly asks for it, which is more common for business accounts and trade services.

Not sure which code applies? Check with the recipient, or look at a recent statement from M and T Bank. Branch codes are more likely to be retired than MANTUS33XXX when a bank merges or closes offices.

Changed bank details? Be careful

A common scam goes like this: an email arrives with a request saying that a company has a new bank account and that the next payment should go there. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Check new bank details through a separate channel like a call to a number from an earlier contract, not by replying to the message. Pressure or requests to keep it quiet are warning signs – a real supplier can wait a day. Already paid? Call your bank straight away and have them start a recall and report the fraud.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference to another account. A payment confirmation from the sender is no proof.

International transfers from M and T Bank: the real cost

The price of a payment abroad has more than one component, and the transfer fee is only the most visible one. There is the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup.

That exchange rate margin is often the largest cost even though it is not listed as a fee. A simple test: set the bank’s rate next to the mid-market rate for the same moment and look at the difference.

Money transfer services often use a rate near the mid-market rate and lower fees. GoldexPay lists transfer providers side by side so you can see the amount the recipient gets for the same amount sent. You can always use your account at M and T Bank, while a cheaper service handles the conversion.

About this information

Our SWIFT/BIC directory is compiled from public sources and we update it periodically. It is possible that information here is no longer current, for example after a merger. Figures such as the number of codes are from our own dataset.

Use this page as a starting point, not as the last word – the bank details from the recipient are leading. GoldexPay is a comparison site for money transfers and not affiliated with M and T Bank. Spotted outdated information? Let us know through the contact page and we will look into it.

Transfer times and tracking a payment to M and T Bank

There is no single delivery time for international payments: some arrive within a day. Weekends and public holidays in the sending or receiving country add extra days to the journey. Occasionally a bank wants to know about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, ask the sending bank for the status or the UETR. Specialist transfer services often provide tracking in their app showing how far the payment has got.

If the money does not arrive within the expected time, the person who paid should contact their own bank. Ask the sender for a copy of the payment confirmation including the reference; that often settles the question quickly.

Sending USD to M and T Bank

Accounts at M and T Bank are typically held in USD, the national currency of United States. When you pay another currency, the amount has to be converted somewhere along the way: by your bank, an intermediary or M and T Bank itself. You rarely see a separate charge for that conversion.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Compare what USD arrives with several services before choosing one.

The rate for USD changes throughout the day, so the amount you see is usually only valid for a short time. With bigger transfers, a seemingly small difference in the rate adds up quickly.