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Payment Instructions

General instructions for international payments to banks in MALDIVES:

Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, account number, and beneficiary bank address). For more information, please refer to the Central Bank. Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary. Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), and address of the benefici ... ary customer. Use of initials may delay receipt of funds by the beneficiary. Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier, full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxMVxx or xxxxMVxxxxx. The exact location of the branch must be provided. Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. Note: Local market is closed every Friday. Read more

IBAN: No

Korrespondenzbanken

Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.

Zahlungsverfolgung

To track a SWIFT cross-border payment to or from COMMERCIAL BANK OF MALDIVES PRIVATE, LIMITED, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. COMMERCIAL BANK OF MALDIVES PRIVATE, LIMITED may be a registered trademark or intellectual property owned by their respective holder. Their inclusion in this catalog is for informational purposes only and does not imply any affiliation, endorsement, or sponsorship. All rights to such trademarks are reserved by their respective owners.