MJBLLALA

Payment Instructions

General instructions for international payments to banks in LAOS:

• Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, account number, and beneficiary bank address.
• Central Bank: For additional information, refer to www.bol.gov.la.
• Payment Restrictions: All foreign exchange earnings must be deposited in a local account.
• Account Restrictions: Residents can maintain foreign exchange accounts. Accounts can’t be opened abroad except where deemed necessary.
• Payment Formatting Rules for LAK:
  • 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 full address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary.
  • Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: 'xxxxLAxx' or 'xxxxLAxxxxx'.
  • Reason for Payment (SWIFT MT103 F70): Purpose of payment is recommended.
• 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 MARUHAN JAPAN BANK LAO CO., LTD for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from MARUHAN JAPAN BANK LAO CO., LTD, 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 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.