Question 1

What is the SWIFT code for Development Bank of Mongolia?

Accepted Answer

The SWIFT/BIC code for Development Bank of Mongolia is DBOMMNUB. 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 Development Bank of Mongolia?

Accepted Answer

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

Question 3

Is Development Bank of Mongolia a SEPA member?

Accepted Answer

No, Development Bank of Mongolia is not a SEPA member. All international transfers to this bank must be sent as SWIFT wire transfers using BIC code DBOMMNUB.

Question 4

What does the BIC code DBOMMNUB mean?

Accepted Answer

In the BIC code DBOMMNUB: "DBOM" is the institution code identifying Development Bank of Mongolia, "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.

DBOMMNUB

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