In international money transfers, selecting the correct SWIFT/BIC code is critical. This not only determines whether funds will reach the intended account but also directly impacts the security and efficiency of the transaction. This article focuses on the SWIFT/BIC code for BANK OF AFRICA and related details to help ensure informed decisions when initiating cross-border payments.
The SWIFT code for BANK OF AFRICA is BMCEMAMCXXX . This unique identifier is used for international wire transfers and interbank transactions to direct funds securely and accurately to the bank’s accounts.
Key Details
- Bank Name : BANK OF AFRICA
- City : CASABLANCA
- Address : 140 AVENUE HASSAN II, CASABLANCA, CASABLANCA-SETTAT, 20000
- Country : Morocco
Before initiating a transfer, always verify that the SWIFT code matches the recipient bank’s official information. This step is crucial to safeguarding the transaction. Even minor errors, such as an incorrect SWIFT code, can result in delays or misdirected funds.
Understanding SWIFT Code Structure
SWIFT codes typically consist of 8 to 11 characters, structured as follows:
- The first four characters represent the bank code ( BMC for BANK OF AFRICA).
- The next two characters denote the country code ( MA for Morocco).
- The following two characters specify the location ( MC for Casablanca).
- The last three characters (optional) identify the branch ( XXX indicates the head office).
Using the correct SWIFT/BIC code is essential for secure international transactions. To minimize errors, senders should confirm the code with the recipient and double-check all details before proceeding. This ensures funds are delivered accurately and without unnecessary delays.