The SWIFT Code /BIC BDMAMLBAXXX is issued by BANQUE DE DEVELOPPEMENT DU MALI - S.A.. The bank branch for the SWIFT Code is BANQUE DE DEVELOPPEMENT DU MALI - S.A., BAMAKO.





Here are the BANK details for this SWIFT CODE

BANK:BANQUE DE DEVELOPPEMENT DU MALI - S.A.
Bank Code:BDMA
City and Address:BAMAKO ()
Validity Check This SWIFT CODE is Valid
COUNTRY: ML , Mali
Bank Branch: BANQUE DE DEVELOPPEMENT DU MALI - S.A., BAMAKO
BIC /SWIFT Code:BDMAMLBA

Now let's take a look at the SWIFT code components breakdown

Bank Name BANQUE DE DEVELOPPEMENT DU MALI - S.A., BAMAKO
SWIFT Code (BIC) BDMAMLBA
Bank Code BDMA
Country Code ML
Location Code BA
Branch Code XXX
About Mali

Mali ( ; French pronunciation: [mali]), officially the Republic of Mali, is a landlocked country in West Africa. Mali is the eighth-largest country in Africa, with an area of over 1,241,238 square kilometres (479,245 sq mi). The country is bordered on the north by Algeria, on the east by Niger, on the northwest by Mauritania, on the south by Burkina Faso and Côte d'Ivoire, and on the west by Guinea and Senegal. The population of Mali is 21.9 million. 67% of its population was estimated to be under the age of 25 in 2017. Its capital and largest city is Bamako. It has 13 official languages, of which Bambara is the most spoken one.

The sovereign state of Mali consists of nineteen regions and its borders on the north reach deep into the middle of the Sahara Desert. The country's southern part is in the Sudanian savanna, where the majority of inhabitants live, and both the Niger and Senegal rivers pass through. The country's economy centres on agriculture and mining. One of Mali's most prominent natural resources is gold, and the country is the third largest producer of gold on the continent of Africa. Mali was home to the man reputed to be the richest man who has ever lived, known as Mansa Musa. The country is also known for its exports of salt.

Present-day Mali was once part of three extremely powerful and wealthy West African empires that controlled trans-Saharan trade: the Ghana Empire (for which Ghana is named), the Mali Empire (for which Mali is named), and the Songhai Empire. At its peak in 1300, the Mali Empire was the wealthiest country in Africa, covering an area about twice the size of modern-day France and stretched to the west coast of the continent. Mali was also one of the wealthiest countries on earth, and its emperor at its zenith, Mansa Musa, is believed to be one of the wealthiest individuals in history. Besides being an economic powerhouse, medieval Mali was a centre of Islam, culture and knowledge, with Timbuktu becoming a renowned place of learning with its university, one of the oldest in the world still active. The expanding Songhai Empire absorbed the empire in 1468, followed by a Saadian army which defeated the Songhai in 1591. In the late 19th century, during the Scramble for Africa, France seized control of Mali, making it a part of French Sudan. French Sudan (then known as the Sudanese Republic) joined with Senegal in 1959, achieving independence in 1960 as the Mali Federation. Shortly thereafter, following Senegal's withdrawal from the federation, the Sudanese Republic declared itself the independent Republic of Mali. After a long period of one-party rule, a coup in 1991 led to the writing of a new constitution and the establishment of Mali as a democratic, multi-party state.

In January 2012, an armed conflict broke out in northern Mali, in which Tuareg rebels took control of a territory in the north, and in April declared the secession of a new state, Azawad. The conflict was complicated by a military coup that took place in March and later fighting between Tuareg and other rebel factions. In response to territorial gains, the French military launched Operation Serval in January 2013. A month later, Malian and French forces recaptured most of the north, although the conflict still continued. Presidential elections were held on 28 July 2013, with a second-round run-off held on 11 August, and legislative elections were held on 24 November and 15 December 2013. In the early 2020s, Mali experienced two military takeovers by Assimi Goïta.


Check for SWIFT / BIC

What is a SWIFT CODE CHECKER?

A SWIFT code checker is an online tool or service that allows you to verify the accuracy of a SWIFT code. SWIFT codes, also known as BIC (Bank Identifier Code) or SWIFT-BIC codes, are unique identification codes used by banks and financial institutions worldwide for international money transfers. These codes consist of letters and numbers and help ensure that funds are sent to the correct destination.


A SWIFT code checker typically functions by allowing you to enter a SWIFT code, and it then provides information about the bank or financial institution associated with that code. This information may include the bank's name, location, and sometimes additional details like branch information.


Using a SWIFT code checker can help you confirm that you have the correct SWIFT code when sending or receiving international payments, reducing the risk of errors and ensuring that your money reaches its intended recipient. It's a useful tool for individuals and businesses engaged in international financial transactions.


What is SWIFT CODE or BIC ?

A SWIFT code, also known as a Bank Identifier Code (BIC), is a unique identification code used by banks and financial institutions worldwide. It serves as a standardized way to identify a particular bank or financial institution during international financial transactions, particularly for wire transfers and electronic communication between banks.

SWIFT codes consist of a combination of letters and numbers, typically 8 to 11 characters long. Each part of the code has a specific meaning:

  1. Bank Code: The first four letters represent the bank or financial institution's name or acronym. This part of the code identifies the institution itself.

  2. Country Code: The next two letters represent the country in which the bank is located. They indicate the country where the bank is registered or headquartered.

  3. Location Code: The following two letters (or digits) can further specify the location of the bank, often indicating the city or branch where the account is held. This part is optional and not always present in all SWIFT codes.

  4. Branch Code (Optional): In some cases, the last three digits (or characters) of the SWIFT code can represent a specific branch of the bank. This part is also optional and may not be included in all SWIFT codes.

SWIFT codes are crucial for international money transfers because they help ensure that funds are sent to the correct destination. When you initiate an international payment, you'll need to provide the SWIFT code of the recipient bank, along with other account details, to ensure that the money reaches the intended recipient's account. It's a standardized system that facilitates secure and efficient cross-border financial transactions.