BSANADAD

Payment Instructions

General instructions for international payments to banks in ANDORRA:

• Remitter should obtain all required bank information from the Beneficiary, including SWIFT BIC, IBAN, and beneficiary bank address.
• SEPA guidelines do not apply for euro payments to beneficiaries with accounts in Andorra, but both IBAN and SWIFT BIC are required for all euro payments.
• 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 Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier, full name, and address of the beneficiary bank. SWIFT BIC consists of 8 or 11 alphanumeric characters, formatted as xxxxADxx or xxxxADxxxxx.
• Beneficiary Customer (SWIFT MT103 F59): Include account number (IBAN), full name (no initials), and address of the beneficiary customer. Use of initials might delay fund receipt.
• Note: IBAN numbers for beneficiaries with accounts in Andorra must be included in the payment instructions.

IBAN: In Andorra, the IBAN consists of 24 alphanumeric characters. The structure is AD2!n4!n4!n12!c, which includes the country code 'AD', a two-digit checksum, a four-digit bank code, a four-digit branch code, and a 12-character account number. Example: AD9876541234567891234567 printed as AD98 7654 1234 5678 9123 4567.

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of MORA BANC GRUP, SA for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from MORA BANC GRUP, SA, 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.