SWIFT Code MERMBBB1 — MERCOM BANK LIMITED, BRIDGETOWN

About SWIFT Code MERMBBB1 — MERCOM BANK LIMITED, BRIDGETOWN

SWIFT code MERMBBB1 is the official 8-character head-office BIC (Bank Identifier Code) for MERCOM BANK LIMITED in BRIDGETOWN, Barbados. 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 MERCOM BANK LIMITED for all outward international remittances from BRIDGETOWN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MERMBBB1

The code MERMBBB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MERMBBB1

Receiving International Wire Transfers

To receive money from abroad at your MERCOM BANK LIMITED account in BRIDGETOWN, share SWIFT code MERMBBB1 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 MERCOM BANK LIMITED, BRIDGETOWN must provide SWIFT code MERMBBB1. 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 MERCOM BANK LIMITED in BRIDGETOWN rely on SWIFT code MERMBBB1 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 MERCOM BANK LIMITED →

For cheque clearing or NACH mandates, use the MICR code for MERCOM BANK LIMITED →

For TDS challan deposits, find the BSR code for MERCOM BANK LIMITED →

How SWIFT Code MERMBBB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MERMBBB1 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 MERCOM BANK LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MERCOM BANK LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MERMBBB1

• Spaces or lowercase letters — Always enter MERMBBB1 uppercase with no spaces.
• Using the wrong city — This code is for BRIDGETOWN 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 Barbados.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm MERMBBB1 directly with MERCOM BANK LIMITED's BRIDGETOWN branch or via the SWIFT BIC Directory.