BMCEMAMCMRE

Payment Instructions

General instructions for international payments to banks in MOROCCO:

Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, account number, and beneficiary bank address). For additional information, please refer to the Central Bank at www.bkam.ma. Payment Formatting Rules for MAD: Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.Beneficiary Customer (S ... WIFT MT103 F59): Include 24-digit account number, full name (no initials) and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the exact location of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxMAxx or xxxxMAxxxxx.Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. Read more

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from BANK OF AFRICA, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Other Branches

Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive safe advice.