Question 1

What is the SWIFT code of MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. YANG ON BRANCH of UNIT NO. 12-08/09/10, 12TH FLOOR?

Accepted Answer

The SWIFT code of MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. YANG ON BRANCH in UNIT NO. 12-08/09/10, 12TH FLOOR, YANGON is ICBCMMMYXXX.

Question 2

What is ICBCMMMYXXX?

Accepted Answer

ICBCMMMYXXX is a SWIFT code of MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. YANG ON BRANCH in UNIT NO. 12-08/09/10, 12TH FLOOR.

Question 3

What is SWIFT code?

Accepted Answer

A SWIFT code — sometimes also called a SWIFT number — is a standard format for Business Identifier Codes (BIC). Banks and financial institutions use them to identify themselves globally. It says who and where they are — a sort of international bank code or ID. These codes are used when transferring money between banks, particularly for international money transfers or SEPA payments. Banks also use these codes to exchange messages between each other.

Question 4

What is SWIFT code made of?

Accepted Answer

A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. Bank code A-Z: 4 letters representing the bank. It usually looks like a shortened version of that bank&#x27;s name. Country code A-Z: 2 letters representing the country the bank is in. Location code 0-9 A-Z: 2 characters made up of letters or numbers. It says where that bank&#x27;s head office is. Branch Code 0-9 A-Z: 3 digits specifying a particular branch. &#x27;XXX&#x27; represents the bank&#x27;s head office.

Question 5

Is a SWIFT code the same for all branches?

Accepted Answer

Not every bank branch has a SWIFT code, which means you can usually use the code for the bank’s head office.

Question 6

Do I need an IBAN number as well?

Accepted Answer

It depends on the country you're sending money to. In the Eurozone, you'll always need an IBAN and a SWIFT/BIC code. Banks in the USA use SWIFT codes, but they don't use IBANs. It's the same in New Zealand too. More on IBAN numbers.

ICBCMMMYXXX

MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. YANG ON BRANCH BIC / SWIFT code details

SWIFT code details

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Swift codes of MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. YANG ON BRANCH

MEGA INTERNATIONAL COMMERCIAL BANK CO., LTD. YANG ON BRANCH branches

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