SWIFT Code BINAADAD — MORA BANC GRUP SA, ANDORRA LA VELLA

About SWIFT Code BINAADAD — MORA BANC GRUP SA, ANDORRA LA VELLA

SWIFT code BINAADAD is the official 8-character head-office BIC (Bank Identifier Code) for MORA BANC GRUP SA in ANDORRA LA VELLA, Andorra. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by MORA BANC GRUP SA for all outward international remittances from ANDORRA LA VELLA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BINAADAD

The code BINAADAD follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BINAADAD

Receiving International Wire Transfers

To receive money from abroad at your MORA BANC GRUP SA account in ANDORRA LA VELLA, share SWIFT code BINAADAD with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at MORA BANC GRUP SA, ANDORRA LA VELLA must provide SWIFT code BINAADAD. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using MORA BANC GRUP SA in ANDORRA LA VELLA rely on SWIFT code BINAADAD for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for MORA BANC GRUP SA →

For cheque clearing or NACH mandates, use the MICR code for MORA BANC GRUP SA →

For TDS challan deposits, find the BSR code for MORA BANC GRUP SA →

How SWIFT Code BINAADAD Routes an International Transfer

1. Initiation: The sender provides SWIFT code BINAADAD and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to MORA BANC GRUP SA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MORA BANC GRUP SA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BINAADAD

• Spaces or lowercase letters — Always enter BINAADAD uppercase with no spaces.
• Using the wrong city — This code is for ANDORRA LA VELLA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Andorra.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BINAADAD directly with MORA BANC GRUP SA's ANDORRA LA VELLA branch or via the SWIFT BIC Directory.