Where is MYBASOSM located?

The registered address on file for MYBASOSM is 575 MAKKA ALMUKARAMA TALEH JUNCTION MOGADISCIO SOMALIA.

What is the 11-character version of MYBASOSM?

The 8-character form is MYBASOSM and the 11-character form is MYBASOSMXXX. 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 MYBASOSM a head office or a branch code?

MYBASOSM identifies the head office of MYBANK LIMITED.

MYBASOSM

MYBANK LIMITED, BIC/SWIFT Code Details

MYBASOSM is the SWIFT/BIC code for MYBANK LIMITED in Somalia. It identifies the head office. The 8-character form is MYBASOSM and the 11-character form is MYBASOSMXXX.

Address: 575 MAKKA ALMUKARAMA TALEH JUNCTION MOGADISCIO SOMALIA

Analyze and plan cross-border transactions

Ohm reads your pacs.008, validates the beneficiary bank, checks the route and its correspondents, prepares the invoice and finds the right HS code.

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pacs.008.xml invoice.pdf

Can you analyze those documents?

Looks fine:

Beneficiary bank BIC and IBAN both check out
Payment route One correspondent, arrives next business day
Invoice Matches the amount and both parties
HS code Use 8471.30 for these goods, not ~~8473.30~~

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Correspondent Banks

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

Frequently asked questions

What bank does MYBASOSM belong to?: MYBASOSM is the SWIFT/BIC code for MYBANK LIMITED in Somalia.
Where is MYBASOSM located?: The registered address on file for MYBASOSM is 575 MAKKA ALMUKARAMA TALEH JUNCTION MOGADISCIO SOMALIA.
What is the 11-character version of MYBASOSM?: The 8-character form is MYBASOSM and the 11-character form is MYBASOSMXXX. 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 MYBASOSM a head office or a branch code?: MYBASOSM identifies the head office of MYBANK LIMITED.

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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.