SWIFT Code MIGBCH22 — SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.), GLAND

About SWIFT Code MIGBCH22 — SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.), GLAND

SWIFT code MIGBCH22 is the official 8-character head-office BIC (Bank Identifier Code) for SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) in GLAND, Switzerland. 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 SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) for all outward international remittances from GLAND. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MIGBCH22

The code MIGBCH22 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MIGBCH22

Receiving International Wire Transfers

To receive money from abroad at your SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) account in GLAND, share SWIFT code MIGBCH22 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 SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.), GLAND must provide SWIFT code MIGBCH22. 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 SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) in GLAND rely on SWIFT code MIGBCH22 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 SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) →

For cheque clearing or NACH mandates, use the MICR code for SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) →

For TDS challan deposits, find the BSR code for SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) →

How SWIFT Code MIGBCH22 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MIGBCH22 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 SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MIGBCH22

• Spaces or lowercase letters — Always enter MIGBCH22 uppercase with no spaces.
• Using the wrong city — This code is for GLAND 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 Switzerland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm MIGBCH22 directly with SWISSQUOTE BANK LTD. (FORMERLY MIG BANK LTD.)'s GLAND branch or via the SWIFT BIC Directory.