Bank Mandiri SWIFT Code: BMRIIDJA

Bank Mandiri SWIFT Code: BMRIIDJA

The SWIFT/BIC code for Bank Mandiri is BMRIIDJA. BMRI identifies Bank Mandiri, ID stands for Indonesia, and JA is the Jakarta location code. This code routes international wire transfers to Bank Mandiri accounts throughout Indonesia.

Bank Mandiri is Indonesia's largest bank by total assets. It was created in 1998 by the Indonesian government through the merger of four state-owned banks during the Asian financial crisis. The government retains a 60% stake. Mandiri operates over 2,600 branches.

State-Owned Banking and IDR Government Flows

As Indonesia's largest state-owned bank, Mandiri processes government disbursements including civil servant salaries, infrastructure project payments, and social assistance programs. Foreign aid and multilateral development bank transfers to Indonesia frequently route through BMRIIDJA.

Incoming international wires in USD settle within 1 to 2 business days. Mandiri charges IDR 25,000 to IDR 75,000 for incoming wire transfers. The bank supports conversions in USD, EUR, SGD, JPY, AUD, and GBP at its daily posted rates.

Mandiri's Role in Indonesian Infrastructure Finance

Bank Mandiri is a primary lender for Indonesia's infrastructure development program, financing toll roads, power plants, ports, and airports. International wires related to infrastructure procurement — construction equipment imports, engineering services — frequently route through BMRIIDJA.

The bank is also the primary banking partner for many Indonesian state-owned enterprises (BUMN). Pertamina (oil and gas), PLN (electricity), and Garuda Indonesia are among Mandiri's largest corporate clients, generating substantial cross-border payment traffic.

How Slash fits in

Slash tracks Bank Mandiri wire transfers alongside your other Indonesian and regional banking accounts. IDR cash flows from government, trade, and infrastructure-related payments are consolidated for treasury management and reporting.