Maldives Bank Swift Code and BIC Code
|1||BANK OF CEYLON||MALE||BCEYMVMV|
|2||BANK OF MALDIVES PLC.||MALE||MALBMVMV|
|3||COMMERCIAL BANK OF MALDIVES PRI||MALE||CBMVMVMV|
|4||HABIB BANK LIMITED||MALE||HABBMVMV|
|5||HONGKONG AND SHANGHAI BANKING C||MALE||HSBCMVMV|
|6||MALDIVES ISLAMIC BANK PVT. LTD||MALE||MADVMVMV|
|7||MALDIVES MONETARY AUTHORITY||MALE||MMAUMVMV|
|8||STATE BANK OF INDIA||MALE||SBINMVMV|
|9||THE MAURITIUS COMMERCIAL BANK L||MALE||MCBLMVMV|
What is Maldives SWIFT Code?
SWIFT code is a standard format of Bank Identifier Codes (BIC) and serves as a unique identifier for a bank or financial institution.
These codes are used when transferring money between banks, particularly for international wire transfers. On top of that, the code is used to transmit messages between financial institutions and banks in the Maldives.
The SWIFT code can be either 8 or 11 characters long and 8 digits code refers to the primary office. The format of SWIFT Code is as follows;
AAAA MV CC DDD
- The first 4 characters ("AAAA") specify the bank. Only letters are allowed.
- The next 2 characters ("MV") specify the country. It use the format of ISO 3166-1 alpha-2 country code.
- The next 2 characters ("CC") specify the location. Letters and digits are allowed. Passive participant will have "1" in the second character
- The last 3 characters ("DDD") specify the branch. This is an optional. A 'XXX' refer to primary office. Letters and digits are allowed.
The Maldives, officially the Republic of Maldives, is a small island nation in South Asia, situated in the Arabian Sea of the Indian Ocean. It lies southwest of Sri Lanka and India, about 700 kilometres from the Asian continent's mainland. The chain of 26 atolls stretches from Ihavandhippolhu Atoll in the north to Addu Atoll in the south to the equator. Comprising a territory spanning roughly 298 square kilometres, the Maldives is one of the world's most geographically dispersed sovereign states as well as the smallest Asian country by land area and population, with around 515,696 inhabitants. Malé is the capital and the most populated city, traditionally called the "King's Island" where the ancient royal dynasties ruled for its central location.