MBGHGHACKSI — UNIVERSAL MERCHANT BANK LTD

The SWIFT code MBGHGHACKSI identifies UNIVERSAL MERCHANT BANK LTD in KUMASI, Ghana. This branch code is used for cross-border payments and SWIFT network routing.

The 8 or 11 characters of MBGHGHACKSI are parsed as follows: characters 1-4 (MBGH) represent the bank code for UNIVERSAL MERCHANT BANK LTD; characters 5-6 (GH) indicate the country code for Ghana; characters 7-8 (AC) specify the location code; and the final characters (KSI) designate the specific branch.

MBGHGHACKSI is formatted as a valid ISO 9362 Business Identifier Code and is listed in our reference directory for UNIVERSAL MERCHANT BANK LTD in KUMASI, Ghana. Our directory records come from an open community compilation last updated in 2024, so listing is not confirmation of current status — SWIFT does not publish a free live status feed. Always confirm the code with the beneficiary bank before sending funds.

UNIVERSAL MERCHANT BANK LTD is registered in KUMASI, Ghana. While specific street-level coordinates are not published for this record, payments route to its registered municipality in Ghana.

An 8-character BIC (BIC8) identifies an institution's primary head office, while an 11-character BIC (BIC11) specifies a distinct branch or department. Appending 'XXX' to MBGHGHAC forms the conventional head-office branch suffix; both formats route validly on the network.

MBGHGHACKSI identifies the KSI branch of UNIVERSAL MERCHANT BANK LTD in KUMASI, Ghana. The branch code characters 'KSI' target this specific clearing node directly within UNIVERSAL MERCHANT BANK LTD's branch network.

SWIFT codes like MBGHGHACKSI identify the bank institution, while IBANs (ISO 13616) identify the individual customer account. Within SEPA (ECB SEPA), IBANs are sufficient for routing; outside SEPA, both SWIFT BIC and account number are typically required.

Using an incorrect code can delay transfers, cause payment returns, or route funds to an incorrect institution. Correspondent banks along the route may charge return processing fees, and currency conversion losses may occur. Always verify details with the beneficiary.

International SWIFT wires typically settle within 1 to 5 business days, depending on time zones, clearing cut-offs, correspondent hops (BIS CPMI), and compliance checks.

When sending and receiving banks lack direct clearing accounts, transfers route through intermediary correspondent banks (BIS CPMI) that maintain shared Nostro/Vostro accounts. Each hop may deduct a handling fee.

MBGHGHACKSI routes international cross-border transfers. Domestic clearing arrangements vary in Ghana; confirm with the beneficiary bank before sending funds. SWIFT/BIC codes handle international wire entry.

This record is sourced from an open community BIC compilation (2024 vintage). For full data provenance, see our Data Sources Register.

Confirm the exact BIC and account details directly with your beneficiary, verify beneficiary bank name match, and beware of invoice fraud. Reference directories are for verification support.