SWIFT/BIC Code for GENERALE DE BANQUE DE MAURITANIE POUR L’INVESTISSEMENT ET LE COMMERCE, Nouakchott

SWIFT Code / BIC GBMCMRMR
Bank / Institution GENERALE DE BANQUE DE MAURITANIE POUR L’INVESTISSEMENT ET LE COMMERCE
Branch Name
Address AVENUE DE L’INDEPENDANCE
City NOUAKCHOTT
Postcode
Country Mauritania
Connection Active

WHAT IS A SWIFT CODE?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in ‘XXX’) refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

✓ First 4 characters – bank code (only letters)
✓ Next 2 characters – ISO 3166-1 alpha-2 country code (only letters)
✓ Next 2 characters – location code, passive participant will have “1” in the second character (letters and digits)
✓ Last 3 characters – branch code, optional – ‘XXX’ for primary office (letters and digits)

The registrations of Swift Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

You May Also Like

How To Plan Your Finances In 2024

Learn how to plan your finances in 2024 with our comprehensive guide. Discover key steps including performing a financial health checkup, setting clear financial goals, planning for retirement, building an emergency fund, managing debts, assessing insurance policies, reviewing your investment portfolio, and optimizing your tax planning. Achieve financial well-being and a balanced lifestyle with our expert tips and strategies.
Read More