When conducting cross-border wire transfers, the correct use of SWIFT/BIC codes is essential. For instance, BANK OF AFRICA in Morocco operates under the SWIFT code BMCEMAMC TCM . Individuals or businesses intending to send funds to this institution must verify this information as a critical first step.
Located in Tangier, Morocco, the bank’s address is ZONE FRANCE DE TANGER, TANGER, TANGER-TETOUAN-AL HOCEIMA, 90024 . As a key financial institution, BANK OF AFRICA offers a range of services to facilitate international commercial transactions.
For example, a transfer of $10,000 USD to this bank typically processes within approximately three business days . Upon completion, the recipient would receive the equivalent of 8,445 EUR . The processing time and associated fees are significant factors when selecting a transfer method.
To ensure a seamless transaction, always confirm the accuracy of the SWIFT/BIC code. Additionally, wire transfers are recommended due to their enhanced security and efficiency, minimizing potential risks. By adhering to these guidelines, individuals and businesses can execute international fund transfers with greater confidence and reliability.