MARCHE INTERBANCAIRE DES DEVISES M. I.D., BIC/SWIFT Code Details
XMDGMGM1 is the SWIFT/BIC code for MARCHE INTERBANCAIRE DES DEVISES M. I.D. in Madagascar. It identifies the head office. The 8-character form is XMDGMGM1 and the 11-character form is XMDGMGM1XXX.
Address: B.F.V. 14 LALANA JENERALY, RABEHEVITRA ANTANANARIVO 196, MADAGASCAR
General instructions for international payments to banks in MADAGASCAR:
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). Additional Documentation: Supporting documentation may be requested from the beneficiary. For 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. For Beneficiary Customer (SWIFT MT103 F5 ... 9): Include account number, full name (no initials) and full address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary. For Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxMGxx or xxxxMGxxxxx. Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. Read more
IBAN: No
Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.
To track a SWIFT cross-border payment to or from MARCHE INTERBANCAIRE DES DEVISES M. I.D., 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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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.