MCRUPHM1 SWIFT/BIC Code

The SWIFT number MCRUPHM1 was issued by 1ST MACRO BANK, INC. (A RURAL BANK) in PATEROS.

SWIFT/BIC NumberMCRUPHM1
Bank Name1ST MACRO BANK, INC. (A RURAL BANK)
Bank CityPATEROS
Bank Branch

What is a SWIFT/BIC code?

A SWIFT/BIC code is a standard format to uniquely identify all banks and financial institutions across the world. The SWIFT code is a standard format for Business Identifier Codes (BIC).

If you send money across international lines you nearly always need to use a SWIFT 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 can use the SWIFT/BIC code to find another bank on the other side of the world. Just like sending mail to the wrong ZIP code means it may get returned, the same applies for your money and the wrong SWIFT code.

What does a SWIFT look like?

A BIC/SWIFT code can be either 8 or 11 characters long:

AAAA BB CC DDD

  • AAAA: 4 character bank code.Just letters, no numbers.
  • BB: 2 character country code. ISO alpha-2 country code.
  • CC: 2 character location code.
  • DDD: 3 character branch code. Optional. Can include letters or digits. An XXX here would refer to the primary office.

More info about SWIFT/BIC codes

There are 2 types of SWIFT code: live and passive. Live codes are for financial 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.