SWIFT / BIC
SWIFT/BIC code of Small and Medium Enterprises Development Bank Ltd.
MYIDMMMY · Myanmar
- BIC, 8 characters
- MYIDMMMY
- BIC, 11 characters
- MYIDMMMYXXX
- Country
- Myanmar
- Address
- No. 298 Cnr of Anawrahta RD and Wardan Str Lanmadaw Township 11131 Myanmar
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How MYIDMMMY is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | MYID Bank code |
| 5–6 | 2 | MM Country |
| 7–8 | 2 | MY Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Myanmar
How to use MYIDMMMY for a transfer
Give the sender two things: the BIC MYIDMMMY (or MYIDMMMYXXX if the form asks for 11 characters) and your account number at Small and Medium Enterprises Development Bank Ltd. In Myanmar 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 Small and Medium Enterprises Development Bank Ltd.?
The SWIFT/BIC code of Small and Medium Enterprises Development Bank Ltd. is MYIDMMMY. In the 11-character form it is MYIDMMMYXXX, where XXX stands for the head office.
Is MYIDMMMY a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. MYIDMMMY is the same code under either name.
Do I also need the IBAN to receive money at Small and Medium Enterprises Development Bank Ltd.?
Myanmar 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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