SWIFT/BIC codes in Maldives 🇲🇻

SWIFT code Bank City Branch
BCEYMVMV BANK OF CEYLON MALE
CBMVMVMV COMMERCIAL BANK OF MALDIVES PRIVATE LIMITED MALE
HABBMVMV HABIB BANK LIMITED MALE
HSBCMVMV HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, THE MALE
MADVMVMV MALDIVES ISLAMIC BANK PVT. LTD MALE
MALBMVMV BANK OF MALDIVES PLC. MALE
MCBLMVMV THE MAURITIUS COMMERCIAL BANK LIMITED MALE
MMAUMVMV MALDIVES MONETARY AUTHORITY MALE
SBINMVMV STATE BANK OF INDIA MALE

What is a BIC code?

A SWIFT/BIC code is a standard format to uniquely identify banks, non-financial, and financial institutions globally. SWIFT codes are a standard format for Business Identifier Codes - commonly referred to as a BIC.

If you send money internationally you nearly always need to use a SWIFT/BIC code, as it’s the way banks, financial institutions and money transfer services figure out where the money needs to go. You can think of a SWIFT code a bit like a ZIP/postal code. Your bank uses the code to send the money to the right bank in another country. Just like sending mail to the wrong ZIP code means it might get lost or returned, the same goes for your money and an incorrect SWIFT code.

What does a BIC look like?

A BIC/SWIFT code is either 8 or 11 characters in length:

AAAA BB CC DDD

More info about SWIFT/BIC codes

There are 2 types of SWIFT code: live and passive. Live codes are for institutions who are connected to the SWIFT network while passive Codes are used for manual transactions. Passive SWIFT codes will have a 1 as the second digit of the 2 character location code.

SWIFT code registrations and management are the responsibility of "Society for Worldwide Interbank Financial Telecommunication" (“SWIFT”) which is located in La Hulpe, Belgium.

SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.