SWIFT Code MBGHGHACTMA — UNIVERSAL MERCHANT BANK LIMITED, TEMA

About SWIFT Code MBGHGHACTMA — UNIVERSAL MERCHANT BANK LIMITED, TEMA

SWIFT code MBGHGHACTMA is the official 11-character branch-specific BIC (Bank Identifier Code) for UNIVERSAL MERCHANT BANK LIMITED in TEMA, Ghana. 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 UNIVERSAL MERCHANT BANK LIMITED for all outward international remittances from TEMA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MBGHGHACTMA

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

When to Use SWIFT Code MBGHGHACTMA

Receiving International Wire Transfers

To receive money from abroad at your UNIVERSAL MERCHANT BANK LIMITED account in TEMA, share SWIFT code MBGHGHACTMA 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 UNIVERSAL MERCHANT BANK LIMITED, TEMA must provide SWIFT code MBGHGHACTMA. 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 UNIVERSAL MERCHANT BANK LIMITED in TEMA rely on SWIFT code MBGHGHACTMA 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 UNIVERSAL MERCHANT BANK LIMITED →

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

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

How SWIFT Code MBGHGHACTMA Routes an International Transfer

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

Common Mistakes When Using SWIFT Code MBGHGHACTMA

• Spaces or lowercase letters — Always enter MBGHGHACTMA uppercase with no spaces.
• Using the wrong city — This code is for TEMA 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 Ghana.

Data Accuracy

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