- BIC, 8 characters
- MAYCPHM2
- BIC, 11 characters
- MAYCPHM2XXX
- Country
- Philippines
- Address
- Three/ Neo Building Floor 8 Cor. 30TH 3RD Avenue Cor. 30TH Street e- Square Crescent Park West Taguig City 1640 Philippines
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How MAYCPHM2 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | MAYC Bank code |
| 5–6 | 2 | PH Country |
| 7–8 | 2 | M2 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Philippines
How to use MAYCPHM2 for a transfer
Give the sender two things: the BIC MAYCPHM2 (or MAYCPHM2XXX if the form asks for 11 characters) and your account number at Marcopay Inc. In Philippines 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 Marcopay Inc.?
The SWIFT/BIC code of Marcopay Inc. is MAYCPHM2. In the 11-character form it is MAYCPHM2XXX, where XXX stands for the head office.
Is MAYCPHM2 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. MAYCPHM2 is the same code under either name.
Do I also need the IBAN to receive money at Marcopay Inc.?
Philippines 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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