Receiving an international wire transfer at CIMB Bank
When receiving an international wire transfer at CIMB Bank, you will typically need to provide specific bank codes to ensure the smooth processing of the transaction. Here are the commonly used bank codes for CIMB Bank:
SWIFT Code: The SWIFT (Society for Worldwide Interbank Financial Telecommunication) code for CIMB Bank is CIBBMYKL. This code is used to identify CIMB Bank as the recipient bank in international wire transfers. You or the sender will need to provide this code to ensure the transfer reaches CIMB Bank correctly.
Bank/Branch Code: CIMB Bank also uses a bank and branch code system for domestic transfers within Malaysia. However, for international wire transfers, the SWIFT code mentioned above is the primary code required. The bank/branch code is not typically necessary for international transfers.
Account Number: In addition to the bank codes, you will need to provide your CIMB Bank account number. This account number ensures that the funds are credited to the correct account within CIMB Bank.
When receiving an international wire transfer, it is crucial to provide accurate and complete information to the sender, including your full name, bank account number, and the CIMB Bank SWIFT code (CIBBMYKL). Additionally, it is recommended to communicate with CIMB Bank directly or visit their website to obtain the most up-to-date and accurate information regarding the bank codes required for receiving international wire transfers.
What is the
CIMB Bank Send Money conversion rate for MYR to TRY?
The CIMB Bank MYR to TRY exchange rate is 8.7765. This is -5.4% compared to the latest MYR-TRY mid-market rate 9.2775.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Malaysian ringgit (MYR) to Turkish lira (TRY) rates from different sources before making a conversion.
The above
CIMB Bank - Ringgit to Lira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
CIMB Bank and other foreign exchange providers against the latest MYR-TRY mid-rate and the possible savings of using various providers.