ECOCGMGM

Payment Instructions

General instructions for international payments to banks in GAMBIA:

For cross-border payments to Gambia, it's essential to gather all required bank information from the beneficiary, such as SWIFT BIC, account number, and beneficiary bank address. Payment Formatting Rules:Ordering Customer (SWIFT MT103 F50): Include the account number, full name without initials, and address of the ordering customer. Using initials can delay the receipt of funds by the beneficiary.Beneficiary Customer (SWIFT MT103 F59): Include the account number (18 digits), full name without in ... itials, and address of the beneficiary customer. Using initials may delay the receipt of funds by the beneficiary.Beneficiary Bank (SWIFT MT103 F57): Include the SWIFT BIC with the branch identifier (if required), full name, and address of the beneficiary bank. SWIFT BIC can be 8 or 11 alphanumeric characters like xxxxGMxx or xxxxGMxxxxx.Reason for Payment (SWIFT MT103 F70): It is recommended to specify the purpose of the payment.For additional information, please refer to the Central Bank of Gambia at www.cbg.gm. 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 ECOBANK GAMBIA LIMITED, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Related SWIFT-codes

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.