In today's global financial transactions, correctly using SWIFT codes is crucial for ensuring secure and timely fund transfers. For those needing to send money to BANCA DI SAN MARINO SPA, understanding its unique SWIFT/BIC code MAOISMSM002 is fundamental to successful transactions.
About BANCA DI SAN MARINO SPA
Headquartered at VIA TRE SETTEMBRE, 252, DOGANA, FC, 47891 in San Marino, BANCA DI SAN MARINO SPA requires the use of its specific SWIFT code for international transfers. This code serves as both an identifier for accurate account crediting and a safeguard against misdirected cross-border payments.
Decoding MAOISMSM002
The SWIFT code MAOISMSM002 breaks down as follows:
- MAOI : The bank's primary identifier for BANCA DI SAN MARINO SPA
- SM : Country code representing San Marino
- 002 : Branch-specific designation
Why Accurate SWIFT Codes Matter
Verifying the correct SWIFT code with the recipient bank is critical in international wire transfers. Errors can lead to processing delays or even lost funds. For both individual and corporate clients, particularly when handling substantial transactions, proper SWIFT code usage ensures both security and efficiency.
Verification Best Practices
Financial experts emphasize the importance of confirming SWIFT codes through official bank channels. Maintaining transaction records provides documentation should any issues arise during the transfer process.
When initiating international transfers, double-checking both sender and recipient banking details remains equally important. Whether for personal remittances or commercial transactions, proper SWIFT code implementation forms the foundation of reliable cross-border financial operations.