back

Announcement about foreign payments made to beneficiaries holding bank accounts with Banco de Madrid in Spain

Dear Sirs,
In view of the ongoing liquidation of the Spanish bank Banco de Madrid - SWIFT CODE: MADRESMM, mBank S.A. advises you to pay particular attention to foreign payments made to beneficiaries holding accounts with that bank.

Under the current circumstances, such foreign payments may be:
- delayed by both intermediary banks and a beneficiary's bank,
- returned by intermediary banks or a beneficiary's bank
- even result in loss of transferred funds.

You are requested to remain cautious about making payments to beneficiaries holding accounts with that bank.


Best regards,

Transactional Banking Department
 

Categories:

Other

Tags:

mBank, MSP