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SWIFT Code BMDRMYK1 Bursa Malaysia Derivatives Clearing Berhad Malaysia

The SWIFT code of Bursa Malaysia Derivatives Clearing BerhadBMDRMYK1. The located in city City, Of Malaysia ([countryshor]).

The SWIFT code of Bursa Malaysia Derivatives Clearing Berhad Kuala Lumpur City is BMDRMYK1. The branch located in Kuala Lumpur City, Of Malaysia (MY).

Bursa Malaysia Derivatives Clearing Berhad SWIFT Code: BMDRMYK1

Bursa Malaysia Derivatives Clearing Berhad Kuala Lumpur City Swift/BIc Code Details

Bank NameBursa Malaysia Derivatives Clearing Berhad
Swift CodeBMDRMYK1
Branch Not Available
CountryMalaysia MY
CityKuala Lumpur
Branch Code YK1
SWIFT code (8 characters) BMDRMYK1
BIC Code analysis8-letter swift code: BMDRMYK1
Branch code:
Institution s 4-letter code: BMDR
Country code: MY
Location code: K1

What is BMDRMYK1 SWIFT Code.

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

Example: BMDRMYK1
  • BMDR4 letters: Institution Code or bank code.
  • MY2 letters: ISO 3166-1 alpha-2 country code.
  • K12 letters or digits: location code
  • If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
  • If the second character is "1", then it denotes a passive participant in the SWIFT network
  • If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
  • last 3 letters or digits: branch code.
  • Where an 8-digit code is given, it may be assumed that it refers to the primary office.

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