---
title: "Merrill Lynch South Africa (Pty) Limited SWIFT/BIC code SBKHZAJJXXX · South Africa | Elucidate"
description: "In the Bank of America G-SIB group (FSB bucket 3). SWIFT/BIC code SBKHZAJJXXX for Merrill Lynch South Africa (Pty) Limited, South Africa. Head-office BIC."
url: https://elucidate.co/directory/merrill-lynch-south-africa-pty-limited-sbkhzajj
---
1. [Directory](https://elucidate.co/directory)
2. [South Africa](https://elucidate.co/directory/country/za)
3. Merrill Lynch South Africa (Pty) Limited
South Africa · Financial institution
# Merrill Lynch South Africa (Pty) Limited
Legal name in the LEI record MERRILL LYNCH SOUTH AFRICA
FSB G-SIB list 2025
3
Bucket 3 of 5 · listed since 2011
In a G-SIB group · Bank of America
[FSB 2025 list ↗](https://www.fsb.org/2025/11/2025-list-of-global-systemically-important-banks-g-sibs/) [What is a G-SIB? ↗](https://www.fsb.org/work-of-the-fsb/market-and-institutional-resilience/post-2008-financial-crisis-reforms/ending-too-big-to-fail/global-systemically-important-financial-institutions-g-sifis/)
BIC **SBKHZAJJXXX** LEI **[1ASU5Y9CXIY9ETFWOY26](https://search.gleif.org/#/record/1ASU5Y9CXIY9ETFWOY26)** Licence no. **Not on a tracked register** Connected to Swift Head-office BIC only [Group: Bank of America Corporation](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) [Claim this profile](https://elucidate.co/directory/merrill-lynch-south-africa-pty-limited-sbkhzajj#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Regulatory status
### FSB · global systemically important banks
2025 list
- **G-SIB:** Bank of America
- **Relation:** In a G-SIB groupGLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
- **Bucket:** 3 of 5 · extra capital buffer 2.0% of risk-weighted assets
- **On the list since:** 2011
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** SBKHZAJJXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Not on the member list
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** None: head-office BIC only
- **BIC first registered:** 1996-06-01
- **Last updated:** 2024-07-10
## Identifiers
Head-office record
- **BIC:** SBKHZAJJXXX
- **How the BIC breaks down:** 1. SBKH Bank 2. ZA Country · South Africa 3. JJ Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 1ASU5Y9CXIY9ETFWOY26
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/1ASU5Y9CXIY9ETFWOY26)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** South Africa · Sub-Saharan Africa
- **FSB G-SIB list:** [In a G-SIB group · Bank of America](https://elucidate.co/directory/merrill-lynch-south-africa-pty-limited-sbkhzajj#regulatory) list of 2025
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
- **Ultimate parent:** [Bank of America Corporation](https://elucidate.co/directory/bank-of-america-corporation-mlcous33) · United States[9DJT3UXIJIZJI4WXO774 ↗](https://search.gleif.org/#/record/9DJT3UXIJIZJI4WXO774)
- **FSB G-SIB list:** [In a G-SIB group · Bank of America](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774) bucket 3 · 2025 list GLEIF records a G-SIB entity as this legal entity’s ultimate parent. The bucket applies to the group, and membership does not make this entity a bank.
The Bank of America Corporation group has 75 institutions in the directory, in 36 countries: all hold a BIC.
Including [Bank of America, N.A.](https://elucidate.co/directory/bank-of-america-n-a-bofagb22), [Bank of America Europe Designated Activity Company](https://elucidate.co/directory/bank-of-america-europe-designated-activity-company-mlmbie2x), [Bank of America National Association, Hong Kong Branch](https://elucidate.co/directory/bank-of-america-national-association-hong-kong-branch-bofahkhx), [Bank of America, N.A.](https://elucidate.co/directory/bank-of-america-n-a-bofagb4t), [Bofa Securities Europe S.A.](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3).
[See the Bank of America Corporation group →](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Registered address:** THE PLACE FLOOR 3 1 SANDTON DRIVE SANDOWN - SANDTON 2196 SOUTH AFRICA
- **Operational address:** THE PLACE 1 SANDTON DRIVE SANDHURST JOHANNESBURG JOHANNESBURG 2196 POB 5591 SOUTH AFRICA
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
SBKHZAJJXXX
1ASU5Y9CXIY9ETFWOY26
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
SBKHZAJJXXX
1ASU5Y9CXIY9ETFWOY26
MERRILL LYNCH SOUTH AFRICA (PTY) LIMITED
ZA
THE PLACE FLOOR 3 1 SANDTON DRIVE SANDOWN - SANDTON 2196
```
Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Related institutions
### Same group
- [Bank of America, N.A. BIC BOFAGB22 Credit institution Prudential licence United Kingdom · On the FSB G-SIB list · LEI B4TYDEB6GKMZO031MB27](https://elucidate.co/directory/bank-of-america-n-a-bofagb22)
- [Bank of America Europe Designated Activity Company BIC MLMBIE2X Credit institution Prudential licence Ireland · On the ECB list of supervised entities · LEI EQYXK86SF381Q21S3020](https://elucidate.co/directory/bank-of-america-europe-designated-activity-company-mlmbie2x)
- [Bofa Securities Europe S.A. BIC BOFAFRP3 Credit institution Prudential licence France · On the ECB list of supervised entities · LEI 549300FH0WJAPEHTIQ77](https://elucidate.co/directory/bofa-securities-europe-s-a-bofafrp3)
- [Bank of Africa Shanghai Branch BIC BMCECNSH Credit institution Prudential licence China · On the FSB G-SIB list · LEI 300300C1053231000032](https://elucidate.co/directory/bank-of-africa-shanghai-branch-bmcecnsh)
- [Merrill Lynch International BIC MLILGB3L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI GGDZP1UYGU9STUHRDP48](https://elucidate.co/directory/merrill-lynch-international-mlilgb3l)
- [Merrill Lynch Equities (Australia) Limited BIC MLEQAU2S Financial institution Not on a tracked register Australia · Not on a tracked register · LEI 5493000ZISK51SMQFR40](https://elucidate.co/directory/merrill-lynch-equities-australia-limited-mleqau2s)
- [Bank of America Mexico, S.A., Institucion de Banca Multiple BIC BOFAMXMX Financial institution Not on a tracked register Mexico · Not on a tracked register · LEI HDUQYNW53X081TMBDI48](https://elucidate.co/directory/bank-of-america-mexico-s-a-institucion-de-banca-multiple-bofamxmx)
- [Bofa Securities Inc BIC MTGSUS6S Financial institution Not on a tracked register United States · Not on a tracked register · LEI 549300HN4UKV1E2R3U73](https://elucidate.co/directory/bofa-securities-inc-mtgsus6s)
[All 75 institutions in the Bank of America Corporation group →](https://elucidate.co/directory/group/9DJT3UXIJIZJI4WXO774)
### Largest institutions in South Africa
- [Absa Bank Limited BIC ABSAZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI SLI1CVYMJ21DST0Q8K25](https://elucidate.co/directory/absa-bank-limited-absazajj)
- [Trustlink (Pty) LTD BIC LINKZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/trustlink-pty-ltd-linkzajj)
- [Firstrand Bank Limited BIC FIRNZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI ZAYQDKTCATIXF9OQY690](https://elucidate.co/directory/firstrand-bank-limited-firnzajj)
- [Pepkor Trading (Pty) LTD BIC PEPKZAJC Non-financial corporate Not on a tracked register South Africa · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/pepkor-trading-pty-ltd-pepkzajc)
- [The Standard Bank of South Africa Limited BIC SBZAZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI QFC8ZCW3Q5PRXU1XTM60](https://elucidate.co/directory/the-standard-bank-of-south-africa-limited-sbzazajj)
- [Jse Limited BIC XJSEZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 213800MZ1VUQEBWRFO39](https://elucidate.co/directory/jse-limited-xjsezajj)
- [Nedgroup Securities (Pty) LTD BIC NBOEZAJ2 Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 3789003107958968FE87](https://elucidate.co/directory/nedgroup-securities-pty-ltd-nboezaj2)
- [Otto1890 Securities (Pty) LTD BIC SFPSZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 37890034DF8DAAC7BE70](https://elucidate.co/directory/otto1890-securities-pty-ltd-sfpszajj)
[See every BIC in South Africa →](https://elucidate.co/directory/country/za#bics)
Claim this profile
## Work at Merrill Lynch South Africa (Pty) Limited?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
[Book a demo](https://elucidate.co/demo-request)
Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.