CREDIT DU MAROC

Crédit du Maroc (CDM, Arabic: مصرف المغرب) is a Moroccan bank, established in 1929 as the Moroccan subsidiary of Paris-based Crédit Lyonnais and known under its current name since 1966.

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CREDIT DU MAROC SWIFT Code

ID
Country
City
Bank or Institution
SWIFT Code
1
Morocco
CASABLANCA
/
CDMAMAMC
2
Morocco
CASABLANCA
/
CDMAMAMC700
3
Morocco
CASABLANCA
/
CDMAMAMC701
4
Morocco
CASABLANCA
/
CDMAMAMC702
5
Morocco
CASABLANCA
/
CDMAMAMC703
6
Morocco
MARRAKECH
/
CDMAMAMC704
7
Morocco
TANGER
/
CDMAMAMC705
8
Morocco
AGADIR
/
CDMAMAMC706
9
Morocco
FES
/
CDMAMAMC707
10
Morocco
OUJDA
/
CDMAMAMC708
  • Total: 14
  • 1
  • 2
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About CREDIT DU MAROC

  • Company type
    Société Anonyme
  • Industry
    Banking
  • Founded
    1929
  • Headquarters
    48–58 Bd Mohammed V, Casablanca , Morocco
  • Revenue
    2.45 billion dirhams – Net Banking Income (2021)
  • Website
    www.creditdumaroc.ma

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What is a SWIFT code?

A SWIFT code is an 8 or 11 character code used in banking to facilitate transactions and identify the bank.
What is the purpose of a SWIFT code in international transactions?

What is the purpose of a SWIFT code in international transactions?

SWIFT codes are used to route international financial transactions to the correct bank and branch. It facilitates the smooth and accurate transfer of funds between different banks and countries, ensuring that the transactions are processed correctly and securely.

How do I find my bank's SWIFT code?

You can find your bank's SWIFT/BIC code in the statements of your bank account. You can also use our SWIFT/BIC finder to get the right code for your transfer.
How do I find my bank's SWIFT code?

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Frequently Asked Questions

1. Why does CREDIT DU MAROC have different SWIFT Codes?

CREDIT DU MAROC operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process CREDIT DU MAROC's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of CREDIT DU MAROC to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of CREDIT DU MAROC, you can log on to the official website of CREDIT DU MAROC, or search the current page of XTransfer, or call CREDIT DU MAROC to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like CREDIT DU MAROC?

Usually, SWIFT Code consists of 8 or 11 characters. For CREDIT DU MAROC, the first 4 digits represent the bank code, which is the same for CREDIT DU MAROC worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for CREDIT DU MAROC be updated or changed?

Yes. When CREDIT DU MAROC undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where CREDIT DU MAROC is located, its SWIFT Code may be updated and changed. CREDIT DU MAROC will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of CREDIT DU MAROC in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of CREDIT DU MAROC support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of CREDIT DU MAROC supports the corresponding business.