SWIFT Code for MAGNA INTERNATIONAL INC., Main Branch, AURORA is MAINCA2AXXX

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MAINCA2AXXX MAGNA INTERNATIONAL INC., Main Branch Swift BIC Code
A SWIFT code is an 8 or 11 alphanumeric characters code which is also called BIC Code (Bank Identification Code) and is used to identify banks uniquely throughout the world. A SWIFT code is generally used in facilitating international wire transfers. The swift code for MAGNA INTERNATIONAL INC. Main Branch is MAINCA2AXXX.

The first 4 characters MAIN signify the bank code for MAGNA INTERNATIONAL INC.. The next 2 characters CA indicate country. Next 2 characters 2A indicate location of the bank and the last 3 characters (optional) XXX is branch code for the Main Branch branch.
XXX indicates main branch of the bank.

Find the swift code for MAGNA INTERNATIONAL INC. below.

Full Swift CodeMAINCA2AXXX
Bank BICMAINCA2A
Branch CodeXXX
Bank NameMAGNA INTERNATIONAL INC.
Bank BranchMain Branch
CityAURORA
Full Address337 MAGNA DRIVE
LocationAURORA L4G 7K1
CountryCanada
Phone-

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International wire transfer usually involve a fees at both sending and receiving end - which is okay. However, if currency conversion is involved in the transfer you may end up paying a very hefty fees due to poor currency conversion rate provided by banks - this fee may be as large as 3-5% of the total transfer amount. We recommend using service like transferwise for best conversion rates and lower wire transfer fees.

All Swift Codes for MAGNA INTERNATIONAL INC.

Swift CodeBranch Name
MAINCA2AXXXMain Branch

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Swift BIC Code: SWIFT Code stands for 'Society for Worldwide Interbank Financial Telecommunication' code. A SWIFT code is also called BIC Code 'Bank Identification Code' which is used to identify banks uniquely throughout the world. A SWIFT code is recognized and approved by the International Standards Organization, or ISO, and represents a particular bank or bank branch. It is especially useful in facilitating international wire transfers.

Format of Swift Code: The SWIFT code is an 8 or 11 alphanumeric characters code that uniquely identifies financial institution. If a SWIFT code is eleven characters, this means that the bank has added a three-digit code to denote a specific branch of a bank.

First 4 characters - Bank Code - Identifies financial institution uniquely (only letters)
Next 2 characters - Country Code (only letters)
Next 2 characters - Location Code (Letters and Digits)
Optional Last 3 characters - Branch Code of a bank ('XXX' for main office) (Letters and Digits)

The above mentioned format of Bank Identifier Codes (BIC) or Swift Code is approved by the International Standard Organization (ISO) and represents a particular bank or bank branch.