SWIFT / BIC
SWIFT/BIC code of Mercado Electronico Dominicano (panama)
MEEDDOS1 · Dominican Republic
- BIC, 8 characters
- MEEDDOS1
- BIC, 11 characters
- MEEDDOS1XXX
- Country
- Dominican Republic
- Address
- 7 Angel Severo Cabral Santo Domingo Dominican Republic
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How MEEDDOS1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | MEED Bank code |
| 5–6 | 2 | DO Country |
| 7–8 | 2 | S1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Dominican Republic
How to use MEEDDOS1 for a transfer
Give the sender two things: the BIC MEEDDOS1 (or MEEDDOS1XXX if the form asks for 11 characters) and your account number at Mercado Electronico Dominicano (panama). In Dominican Republic the account number is the IBAN, 28 characters starting with DO. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Mercado Electronico Dominicano (panama)?
The SWIFT/BIC code of Mercado Electronico Dominicano (panama) is MEEDDOS1. In the 11-character form it is MEEDDOS1XXX, where XXX stands for the head office.
Is MEEDDOS1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. MEEDDOS1 is the same code under either name.
Do I also need the IBAN to receive money at Mercado Electronico Dominicano (panama)?
Dominican Republic uses the IBAN: the account number to give with the BIC is the IBAN, 28 characters long and starting with DO. See the IBAN format of Dominican Republic.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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