SWIFT / BIC Code
PELDMTM2
PayDo EU Ltd.
PELDMTM2 is the BIC (SWIFT code) of PayDo EU Ltd., based in Birkirkara. Its IBANs are 31 characters long. The bank receives SEPA Instant transfers and answers Verification of Payee name checks.
Check an IBAN from PayDo EU Ltd.
Paste an IBAN from Malta to check its check digits and see which bank it belongs to.
BIC Breakdown
PELD: institution identifier (4 letters)
MT: country code per ISO 3166-1
M2: location code (city / timezone)
Bank Details
Payments it can receive
PayDo EU Ltd.'s participation in the European payment schemes, from the EPC register of participants.
Verification of Payee lets the payer's bank compare the name typed on a euro transfer with the account holder's name. This page shows whether the bank takes part; ibanchecker.cash does not check names.
Sending money to an account at PayDo EU Ltd.?
Wise shows the exchange rate and its fee before you send.
Partner link. If you open a Wise account through it and send money between two currencies, Wise pays ibanchecker.cash a commission; what you pay does not change. How this works
IBAN format for 🇲🇹 Malta
Malta IBANs are 31 characters long.
Frequently Asked Questions
What is the SWIFT code for PayDo EU Ltd.?
PELDMTM2. Written with the head-office branch code it is PELDMTM2XXX; both forms reach the same bank. A euro transfer within SEPA needs only the IBAN.
What does PELDMTM2 mean?
"PELD" identifies PayDo EU Ltd., "MT" is the country code for Malta, "M2" is the location code.
How long are PayDo EU Ltd. IBANs?
31 characters, like every IBAN from Malta: the country code MT, two check digits, the bank code (4 letters), the sort code (5 digits) and the account number (18 characters).
Can I send an instant transfer to PayDo EU Ltd.?
Yes. The European Payments Council lists PayDo EU Ltd. in SEPA Instant Credit Transfer since 15 September 2025, so an instant euro transfer from a participating bank reaches its accounts in seconds.
Does PayDo EU Ltd. confirm the payee's name?
Yes. It answers Verification of Payee requests (since 5 October 2025), so the payer's bank can compare the name entered with the account holder's name before a euro transfer is sent.