BGFICMCX

Payment Instructions

General instructions for international payments to banks in CAMEROON:

• Obtain all required bank information from the beneficiary, such as SWIFT BIC, account number, and beneficiary bank address.
• Additional supporting documentation may be required from the beneficiary.
• Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address. Use of initials can delay receipt of funds.
• Beneficiary Customer (SWIFT MT103 F59): Provide account number, full name (no initials), address (street name, city, country, and postal code), and telephone number. Use of initials may delay receipt of funds.
• Account numbers should be 23 digits: 5 digit bank code + 5 digit branch code + 11 digit account number + 2 digit key.
• IBAN format is accepted but not mandatory.
• Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier, full name, and address. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxCMxx or xxxxCMxxxxx.
• Reason for Payment (SWIFT MT103 F70): It is recommended to include the purpose of payment.
• XAF is a zero decimal currency.

IBAN: Account numbers should be 23 digits: 5 digit bank code + 5 digit branch code + 11 digit account number + 2 digit key. IBAN format is accepted but not mandatory.

Correspondent Banks

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

Payment Tracking

To track a SWIFT cross-border payment to or from BGFIBANK CAMEROUN SA, 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.