Question 1

What is the SWIFT code for Andbank Monaco SAM?

Accepted Answer

The SWIFT/BIC code for Andbank Monaco SAM is BACAMCMC. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Andbank Monaco SAM?

Accepted Answer

To send money internationally to Andbank Monaco SAM, provide your bank with the SWIFT/BIC code BACAMCMC (MONACO, Monaco) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Andbank Monaco SAM a SEPA member?

Accepted Answer

Yes, Andbank Monaco SAM is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code BACAMCMC mean?

Accepted Answer

In the BIC code BACAMCMC: "BACA" is the institution code identifying Andbank Monaco SAM, "MC" is the ISO 3166-1 country code for Monaco, and "MC" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns Andbank Monaco SAM?

Accepted Answer

Andbank Monaco SAM is owned by Andorra Banc Agrícol Reig, SA (Andbank), a banking group based in Andorra. Andbank Monaco SAM is registered in Monaco as a local entity, while its ultimate ownership sits with the parent group in Andorra.

BACAMCMC

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