All SWIFT codes in Jamaica

SWIFT / BIC

SWIFT/BIC code of Cornerstone Trust and Merchant Bank

MFGTJMK1 · Jamaica

BIC, 8 charactersMFGTJMK1XXX
BIC, 8 characters
MFGTJMK1
BIC, 11 characters
MFGTJMK1XXX
Country
Jamaica
Address
21 East Street Kingston 162 Jamaica

Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.

How to use MFGTJMK1 for a transfer

Give the sender two things: the BIC MFGTJMK1 (or MFGTJMK1XXX if the form asks for 11 characters) and your account number at Cornerstone Trust and Merchant Bank. In Jamaica the account number is the local one shown on the statement. 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 Cornerstone Trust and Merchant Bank?

The SWIFT/BIC code of Cornerstone Trust and Merchant Bank is MFGTJMK1. In the 11-character form it is MFGTJMK1XXX, where XXX stands for the head office.

Is MFGTJMK1 a SWIFT code or a BIC?

Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. MFGTJMK1 is the same code under either name.

Do I also need the IBAN to receive money at Cornerstone Trust and Merchant Bank?

Jamaica does not use the IBAN: give the BIC together with the local account number as shown on the statement.

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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