BIDVMMMY

JOINT STOCK COMMERCIAL BANK FOR, INVESTMENT AND DEVELOPMENT OF VIETNAM,, YANGON BRANCH., BIC/SWIFT Code Details

Address: MYANMAR PLAZA FLOOR 9 192, KABAR AYE PAGODA ROAD YANGON, 11081 MYANMAR

Payment Instructions

General instructions for international payments to banks in MYANMAR: Overview:
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g. SWIFT BIC, account number, and beneficiary bank address).

Central Bank: For additional information, please refer to https://www.cbm.gov.mm.

Payment Formatting Rules for MMK:
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), street address and city of the beneficiary customer.
Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank.
SWIFT BIC: SWIFT BIC is 8 or 11 alphanumeric characters: xxxxMMxx or xxxxMMxxxxx.
Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended. Any information that is vague/incomplete may need further clarification and result in payment delays. 4-digit ITRS code (purpose of payment code) is mandatory for all MMK payments. It should begin with the prefix ITRS followed by a space and then the 4-digit ITRS code. (e.g. ITRS XXXX). Please contact your J.P. Morgan Service Representative for list of ITRS codes.
Currently Suspended for Payments:
Additional Information: This is a zero decimal currency and therefore does not have cents.

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of JOINT STOCK COMMERCIAL BANK FOR, INVESTMENT AND DEVELOPMENT OF VIETNAM,, YANGON BRANCH. for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from JOINT STOCK COMMERCIAL BANK FOR, INVESTMENT AND DEVELOPMENT OF VIETNAM,, YANGON BRANCH., you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Related SWIFT-codes

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift 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. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.