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Details for the SWIFT/BIC Code: HSBCMVMVXXX

The SWIFT/BIC Code HSBCMVMVXXX is issued by HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, THE in Maldives. The issuing Bank's Bank code is XXX and The Bank Brach is XXX, located in MALE

SWIFT/BIC Code Details

SWIFT Code HSBCMVMVXXX
Bank HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, THE
City MALE
Branch Name N/A
Bank Code HSBC
Country Code MV
Branch Code XXX
Location Code MV

Constructing the SWIFT code

HSBC

Bank Code

MV

Country Code

MV

Location Code

XXX

Branch Code

  • Bank Code A-Z

    4 letters representing the bank. It usually looks like a shortened version of that bank's name.

  • Country Code A-Z

    2 letters representing the country the bank is in.

  • Location Code 0-9 A-Z

    2 characters made up of letters or numbers. It says where that bank's head office is.

  • Branch Code 0-9 A-Z

    3 digits specifying a particular branch. 'XXX' represents the bank’s head office.


Country Map Maldives


About Maldives


Despite being just mentioned briefly in most history books, the 1,400 year-long Buddhist period has a foundational importance in the history of the Maldives. It was during this period that the culture of the Maldives both developed and flourished, a culture that survives today. The Maldivian language, early Maldive scripts, architecture, ruling institutions, customs, and manners of the Maldivians originated at the time when the Maldives were a Buddhist kingdom.[43] Buddhism probably spread to the Maldives in the 3rd century BCE at the time of Emperor Ashoka's expansion and became the dominant religion of the people of the Maldives until the 12th century. Archeological evidence from an ancient Buddhist monastery in Kaashidhoo has been dated between 205 and 560 AD, based on the radiocarbon dating of shell deposits unearthed from the foundations of stupas and other structures in the monastery.[44] The ancient Maldivian Kings promoted Buddhism, and the first Maldive writings and artistic achievements, in the form of highly developed sculpture and architecture, originate from that period. Nearly all archaeological remains in the Maldives are from Buddhist stupas and monasteries, and all artefacts found to date display characteristic Buddhist iconography.[citation needed] Islamic period[edit] See also: History of the Maldives § Islamic Period, Islam in Maldives, List of Maldivian monarchs, and Sultanate of Maldives The importance of the Arabs as traders in the Indian Ocean by the 12th century may partly explain why the last Buddhist king of the Maldives, Dhovemi, converted to Islam in the year 1153 (or 1193). Adopting the Muslim title of Sultan Muhammad al-Adil, he initiated a series of six Islamic dynasties that lasted until 1932 when the sultanate became elective. The formal title of the sultan up to 1965 was, Sultan of Land and Sea, Lord of the twelve-thousand islands and Sultan of the Maldives which came with the style Highness. A Moroccan traveller named Abu al-Barakat Yusuf al-Barbari is traditionally cited for this conversion.[45] According to the story told to Ibn Battutah, a mosque was built with the inscription: 'The Sultan Ahmad Shanurazah accepted Islam at the hand of Abu al-Barakat Yusuf al-Barbari.'[45][46] Some scholars have suggested the possibility of Ibn Battuta misreading Maldive texts, and having a bias towards the North African, Maghrebi narrative of this Shaykh, instead of the Persian origins account that was known as well at the time.[47] Others have it that he may have been from the Persian town of Tabriz.[48] This interpretation, held by the more reliable local historical chronicles, Raadavalhi and Taarikh,[49][50] is that Abu al-Barakat Yusuf al-Barbari was Abdul Barakat Yusuf Shams ud-Dīn at-Tabrīzī, also locally known as Tabrīzugefānu.[51] In the Arabic script the words al-Barbari and al-Tabrizi are very much alike, since at the time, Arabic had several consonants that looked identical and could only be differentiated by overall context (this has since changed by the addition of dots above or below letters to clarify pronunciation – For example, the letter "B" in modern Arabic has a dot below, whereas the letter "T" looks identical except there are two dots above it). "ٮوسڡ الٮٮرٮرى" could be read as "Yusuf at-Tabrizi" or "Yusuf al-Barbari".[52] The venerated tomb of the scholar now stands on the grounds of Medhu Ziyaaraiy, across the street from the Friday Mosque, or Hukuru Miskiy, in Malé. Originally built in 1153 and re-built in 1658,[53] this is one of the oldest surviving mosques in the Maldives. Following the Islamic concept that before Islam there was the time of Jahiliya (ignorance), in the history books used by Maldivians the introduction of Islam at the end of the 12th century is considered the cornerstone of the country's history. Nonetheless, the cultural influence of Buddhism remains, a reality directly experienced by Ibn Battuta during his nine months there sometime between 1341 and 1345, serving as a chief judge and marrying into the royal family of Omar I.[54] For he became embroiled in local politics and left when his strict judgements in the laissez-faire island kingdom began to chafe with its rulers. In particular, he was angered at the local women going about with no clothing above the waist— a cultural epithet of the region at the time- was seen as a violation of Middle Eastern Islamic rules of modesty—and the locals taking no notice when he complained.[55] Compared to the other areas of South Asia, the conversion of the Maldives to Islam happened relatively late. The Maldives remained a Buddhist kingdom for another 500 years. Arabic became the prime language of administration (instead of Persian and Urdu), and the Maliki school of jurisprudence was introduced, both hinting at direct contact with the core of the Arab world.[citation needed] Middle Eastern seafarers had just begun to take over the Indian Ocean trade routes in the 10th century and found the Maldives to be an important link in those routes as the first landfall for traders from Basra sailing to Southeast Asia. Trade involved mainly cowrie shells—widely used as a form of currency throughout Asia and parts of the East African coast—and coir fibre. The Bengal Sultanate, where cowrie shells were used as legal tender, was one of the principal trading partners of the Maldives. The Bengal–Maldives cowry shell trade was the largest shell currency trade network in history.[56] The other essential product of the Maldives was coir, the fibre of the dried coconut husk, resistant to saltwater. It stitched together and rigged the dhows that plied the Indian Ocean. Maldivian coir was exported to Sindh, China, Yemen, and the Persian Gulf. Protectorate period[edit] Portuguese presence in the Maldives was established in 1558, by order of Constantino of Braganza, Viceroy of Portuguese India. 16th-century Portuguese illustration from the Códice Casanatense, depicting workers 18th-century map by Pierre Mortier from the Netherlands, depicting with detail the islands of the Maldives In 1558, the Portuguese established a small garrison with a Viador (Viyazoaru), or overseer of a factory (trading post) in the Maldives, which they administered from their main colony in Goa. Their attempts to forcefully impose Christianity with the threat of death provoked a local revolt led by Muhammad Thakurufaanu al-A'uẓam, his two brothers, and Dhuvaafaru Dhandahele, who fifteen years later drove the Portuguese out of the Maldives. This event is now commemorated as National Day which is known as Qaumee Dhuvas (literally meaning "National" and "Day"). It is celebrated on the 1st of Rabi' al-Awwal, the third month of Hijri (Islamic) calendar. In the mid-17th century, the Dutch, who had replaced the Portuguese as the dominant power in Ceylon, established hegemony over Maldivian affairs without involving themselves directly in local matters, which were governed according to centuries-old Islamic customs. The British expelled the Dutch from Ceylon in 1796 and included the Maldives as a British protectorate. The status of the Maldives as a British protectorate was officially recorded in an 1887 agreement in which the sultan Muhammad Mueenuddeen II accepted British influence over Maldivian external relations and defence while retaining home rule, which continued to be regulated by Muslim traditional institutions in exchange for an annual tribute. The status of the islands was akin to other British protectorates in the Indian Ocean region, including Zanzibar and the Trucial States. 17th-century Portuguese drawing of the fortress of Maldives and the archipelago. In Antonio Bocarro's book of Fortress (1632)[57] In the British period, the Sultan's powers were taken over by the Chief Minister, much to the chagrin of the British Governor-General who continued to deal with the ineffectual Sultan. Consequently, Britain encouraged the development of a constitutional monarchy, and the first Constitution was proclaimed in 1932. However, the new arrangements favoured neither the Sultan nor the Chief Minister, but rather a young crop of British-educated reformists. As a result, angry mobs were instigated against the Constitution which was publicly torn up. The Maldives remained a British crown protectorate until 1953 when the sultanate was suspended and the First Republic was declared under the short-lived presidency of Mohamed Amin Didi. While serving as prime minister during the 1940s, Didi nationalised the fish export industry. As president, he is remembered as a reformer of the education system and an advocate of women's rights. Conservatives in Malé ousted his government, and during a riot over food shortages, Didi was beaten by a mob and died on a nearby island. An RAF Short Sunderland moored in the lagoon at Addu Atoll, during WWII Beginning in the 1950s, the political history in the Maldives was largely influenced by the British military presence on the islands. In 1954, the restoration of the sultanate perpetuated the rule of the past. Two years later, the United Kingdom obtained permission to reestablish its wartime RAF Gan airfield in the southernmost Addu Atoll, employing hundreds of locals. In 1957, however, the new prime minister, Ibrahim Nasir, called for a review of the agreement. Nasir was challenged in 1959 by a local secessionist movement in the three southernmost atolls that benefited economically from the British presence on
Read More about Maldives at Wikipedia

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