Question 1

What is the SWIFT code for Monaghan Credit Union Limited?

Accepted Answer

The SWIFT/BIC code for Monaghan Credit Union Limited is MODIIE21. 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 Monaghan Credit Union Limited?

Accepted Answer

To send money internationally to Monaghan Credit Union Limited, provide your bank with the SWIFT/BIC code MODIIE21 (Co Monaghan, Ireland) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Monaghan Credit Union Limited a SEPA member?

Accepted Answer

Yes, Monaghan Credit Union Limited 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 MODIIE21 mean?

Accepted Answer

In the BIC code MODIIE21: "MODI" is the institution code identifying Monaghan Credit Union Limited, "IE" is the ISO 3166-1 country code for Ireland, and "21" is the location code indicating the bank's city or timezone zone.

MODIIE21

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