Detailed Guide: Using BANK OF AFRICA SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The BMCEMAMCTCM Business Identifier Code (BIC) is the exclusive digital signature for BANK OF AFRICA located in TANGER. Without this precise string of characters, your international wire transfer could be delayed, routed to the wrong intermediary, or returned with significant banking fees.
1. Understanding the 11-Character Logic
The code BMCEMAMCTCM is not a random sequence. It follows a strict ISO-9362
hierarchy that tells the global financial system exactly where your money needs to land:
- BMCE: The Bank Code representing BANK OF AFRICA globally.
- MA: The Country Code, identifying that the bank is regulated under Morocco laws.
- MC: The Location Code, usually pointing to the TANGER hub.
- TCM: The Branch Code, specifying this exact physical office.
2. How to Receive Money in TANGER
If you are a resident or business owner in TANGER, you must provide the following information to your international sender. For transactions involving BANK OF AFRICA, ensure these fields are filled accurately in the MT103 (SWIFT Message Type):
| Field Name | Required Value |
|---|---|
| Beneficiary Name | Your Full Legal Name |
| Account Number | IBAN or Regional Account Format |
| BIC/SWIFT | BMCEMAMCTCM |
| Destination Bank | BANK OF AFRICA |
| Branch Location | TANGER, Morocco |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to BANK OF AFRICA might not be direct. Depending on the relationship between your sender's bank and the MA banking system, an "Intermediary Bank" might be involved. These banks may deduct a "Handling Fee" ranging from $15 to $50. Always ask your sender to choose the OUR instruction if they wish to cover all costs, or SHA to share the fees with you.
4. Frequently Asked Questions (Verified Answers)
What happens if I use the Head Office SWIFT instead of the TANGER branch code?
In most cases, BANK OF AFRICA will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local BMCEMAMCTCM is recommended for faster processing
and lower risk of manual intervention.
Is BMCEMAMCTCM the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to Morocco, the SWIFT code is the standard identifier used by the global banking network.
How can I verify if this code is still active?
The code BMCEMAMCTCM for
BANK OF AFRICA is part of the latest directory update. We
periodically refresh our database to ensure all codes for TANGER are compliant
with current financial standards.
Note: Financial data changes. While BMCEMAMCTCM is
verified for BANK OF AFRICA, always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
TANGER, Morocco.