MADVMVMV

MALDIVES ISLAMIC BANK PLC., BIC/SWIFT Code Details

MADVMVMV is the SWIFT/BIC code for MALDIVES ISLAMIC BANK PLC. in Male, Maldives. It identifies the head office. The 8-character form is MADVMVMV and the 11-character form is MADVMVMVXXX.

Address: MEDHUZIYAARAIY MAGU FLOOR 5, MALE 20097 MALDIVES

Payment Instructions

General instructions for international payments to banks in MALDIVES:

Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, account number, and beneficiary bank address). For more information, please refer to the Central Bank. 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 (SWIFT MT103 F59): Include account number, full name (no initials), and address of the benefici ... ary customer. Use of initials may delay receipt of funds by the beneficiary. Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier, full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxMVxx or xxxxMVxxxxx. The exact location of the branch must be provided. Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. Note: Local market is closed every Friday. 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 MALDIVES ISLAMIC BANK PLC., you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

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Frequently asked questions

What bank does MADVMVMV belong to?
MADVMVMV is the SWIFT/BIC code for MALDIVES ISLAMIC BANK PLC. in Male, Maldives.
Where is MADVMVMV located?
The registered address on file for MADVMVMV is MEDHUZIYAARAIY MAGU FLOOR 5, MALE 20097 MALDIVES.
What is the 11-character version of MADVMVMV?
The 8-character form is MADVMVMV and the 11-character form is MADVMVMVXXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.
Is MADVMVMV a head office or a branch code?
MADVMVMV identifies the head office of MALDIVES ISLAMIC BANK PLC..

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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.