MERCOM BANK LIMITED, CARTLETON COURT, BRIDGETOWN, Barbados
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| BIC Name / Bank name / Institution Name | MERCOM BANK LIMITED |
| Bank Code / Institution Code | MERM |
| Country | BARBADOS |
| Country Code (ISO 3166) | BB |
| City | BRIDGETOWN |
| City Code | B1 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Primary Office / Head Office / Main Office |
| Branch Code | XXX |
| Swift Code / BIC Code |
MERMBBB1
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| Swift Code / BIC Code 11 Characters | MERMBBB1XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code. |
| Address | CARTLETON COURT |
| Zip Code / Postal Code | |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
| View Location on Google Map | |
| Whether Financial Institution IBAN Compliant | No, MERCOM BANK LIMITED is not IBAN Compliant. |
| Save on International Payment Transfers | |
What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of MERCOM BANK LIMITED the first four characters from left MERM indicates that it is MERCOM BANK LIMITED.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of MERCOM BANK LIMITED characters 5 and 6 from left BB indicates that bank is in BARBADOS. It means that all the banks located in BARBADOS will have BB at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of MERCOM BANK LIMITED characters 7 and 8 from left B1 indicates that bank is in BRIDGETOWN. It means that all the branches of MERCOM BANK LIMITED located in BRIDGETOWN will have B1 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of MERCOM BANK LIMITED the length of SWIFT Code is 8 Characters, means MERCOM BANK LIMITED Head Office of the Financial Institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.