SWIFT / BIC
SWIFT/BIC code of Development Bank of Mongolia
DBOMMNUB · Mongolia
- BIC, 8 characters
- DBOMMNUB
- BIC, 11 characters
- DBOMMNUBXXX
- Country
- Mongolia
- Address
- 19 Peace Avenue , Sukhbaatar Distr Floor 11TH, 12TH Ulaanbaatar 15160 Mongolia
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How DBOMMNUB is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | DBOM Bank code |
| 5–6 | 2 | MN Country |
| 7–8 | 2 | UB Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Mongolia
How to use DBOMMNUB for a transfer
Give the sender two things: the BIC DBOMMNUB (or DBOMMNUBXXX if the form asks for 11 characters) and your account number at Development Bank of Mongolia. In Mongolia the account number is the IBAN, 20 characters starting with MN. 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 Development Bank of Mongolia?
The SWIFT/BIC code of Development Bank of Mongolia is DBOMMNUB. In the 11-character form it is DBOMMNUBXXX, where XXX stands for the head office.
Is DBOMMNUB a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. DBOMMNUB is the same code under either name.
Do I also need the IBAN to receive money at Development Bank of Mongolia?
Mongolia uses the IBAN: the account number to give with the BIC is the IBAN, 20 characters long and starting with MN. See the IBAN format of Mongolia.
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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