MYANMA ECONOMIC BANK, Meb(ForexMdy) Myanma Economic Bank (1) 177 Corner Of 26Th Street And 82Rd Street, MANDALAY, Myanmar
|
|
|---|---|
| BIC Name / Bank name / Institution Name | MYANMA ECONOMIC BANK |
| Bank Code / Institution Code | MYEB |
| Country | MYANMAR |
| Country Code (ISO 3166) | MM |
| City | MANDALAY |
| City Code | MY The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | Meb(ForexMdy) |
| Branch Code | MDY |
| Swift Code / BIC Code |
MYEBMMMYMDY
|
| Address | Myanma Economic Bank (1) 177 Corner Of 26Th Street And 82Rd Street |
| Zip Code / Postal Code | 100101 |
| 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, MYANMA ECONOMIC BANK 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 MYANMA ECONOMIC BANK the first four characters from left MYEB indicates that it is MYANMA ECONOMIC BANK.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of MYANMA ECONOMIC BANK characters 5 and 6 from left MM indicates that bank is in MYANMAR. It means that all the banks located in MYANMAR will have MM 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 MYANMA ECONOMIC BANK characters 7 and 8 from left MY indicates that bank is in MANDALAY. It means that all the branches of MYANMA ECONOMIC BANK located in MANDALAY will have MY 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 MYANMA ECONOMIC BANK characters 9 - 11 from left MDY indicates branch code. It means that MYANMA ECONOMIC BANK Branch code: MDY is used for branches located at :Myanma Economic Bank (1) 177 Corner Of 26Th Street And 82Rd Street. If XXX are in 9-11 place then it means that it is the Head Office of Bank / 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.