Question 1

What is the SWIFT code for XacBank?

Accepted Answer

The SWIFT/BIC code for XacBank is CAXBMNUB. This 11-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to XacBank?

Accepted Answer

To send money internationally to XacBank, provide your bank with the SWIFT/BIC code CAXBMNUB (Ulaanbaatar, Mongolia) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is XacBank a SEPA member?

Accepted Answer

No, XacBank is not a SEPA member. All international transfers to this bank must be sent as SWIFT wire transfers using BIC code CAXBMNUB.

Question 4

What does the BIC code CAXBMNUB mean?

Accepted Answer

In the BIC code CAXBMNUB: "CAXB" is the institution code identifying XacBank, "MN" is the ISO 3166-1 country code for Mongolia, and "UB" is the location code indicating the bank's city or timezone zone. The final three characters "XXX" identify a specific branch.

CAXBMNUB

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