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SGMBMAMCTIT — SOCIETE GENERALE MAROCAINE DE BANQUES

SGMBMAMCTIT is the SWIFT/BIC code for SOCIETE GENERALE MAROCAINE DE BANQUES in CASABLANCA, Morocco — an 11-character branch code under ISO 9362.

BIC breakdown (ISO 9362)

Bank CodeSGMBInstitution
CountryMA🇲🇦 Morocco
LocationMCLocation Code
BranchTITSECURITIES SERVICES DEPARTMENT

Head-office code: SGMBMAMC

Facts
FieldValue
InstitutionSOCIETE GENERALE MAROCAINE DE BANQUES
CountryMorocco (MA)
Location CodeMC
BranchSECURITIES SERVICES DEPARTMENT
Type11-character branch code (BIC11)

⚠️ Critical Money Transfer Warning (YMYL)

Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.

Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.

Verify SGMBMAMCTIT in the live lookup → · IBAN Validator & Checker → · SWIFT Guide →

Related codes for this bank

SGMBMAMCPA1 · CASABLANCASGMBMAMC · CASABLANCASGMBMAMCCMI · CASABLANCASGMBMAMCFCM · CASABLANCASGMBMAMCSFS · CASABLANCA

Frequently asked questions

What bank does the SWIFT code SGMBMAMCTIT belong to?

The SWIFT code SGMBMAMCTIT identifies SOCIETE GENERALE MAROCAINE DE BANQUES in CASABLANCA, Morocco. This branch code is used for cross-border payments and SWIFT network routing.

What do the parts of the SWIFT code SGMBMAMCTIT mean?

The 8 or 11 characters of SGMBMAMCTIT are parsed as follows: characters 1-4 (SGMB) represent the bank code for SOCIETE GENERALE MAROCAINE DE BANQUES; characters 5-6 (MA) indicate the country code for Morocco; characters 7-8 (MC) specify the location code; and the final characters (TIT) designate the specific branch.

Is SGMBMAMCTIT a valid SWIFT/BIC code?

SGMBMAMCTIT is formatted as a valid ISO 9362 Business Identifier Code and is listed in our reference directory for SOCIETE GENERALE MAROCAINE DE BANQUES in CASABLANCA, Morocco. 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.

What is the physical address of the bank registered to SGMBMAMCTIT?

The physical address registered for SGMBMAMCTIT is: 55 BOULEVARD ABDELMOUMEN, 21100, CASABLANCA, Morocco. Verify this address matches your recipient's branch details before initiating a transaction.

What is the difference between an 8-character and an 11-character BIC?

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 SGMBMAMC forms the conventional head-office branch suffix; both formats route validly on the network.

Which branch does SGMBMAMCTIT identify?

SGMBMAMCTIT identifies the TIT branch of SOCIETE GENERALE MAROCAINE DE BANQUES in CASABLANCA, Morocco. The branch code characters 'TIT' target this specific clearing node directly within SOCIETE GENERALE MAROCAINE DE BANQUES's branch network.

Do I need an IBAN as well as SGMBMAMCTIT?

SWIFT codes like SGMBMAMCTIT 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.

What happens if I use the wrong SWIFT/BIC code?

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.

How long does a payment using SGMBMAMCTIT take to arrive?

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.

Why does my payment need an intermediary or correspondent bank?

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.

How does SGMBMAMCTIT interact with local payments in Morocco?

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

How current is the information on this page?

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

What should I do before sending money to this bank?

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.

Sources & References

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