BANCO DE MACHALA, C.A., NARANJAL - SWIFT/BIC Code

BANCO DE MACHALA, C.A., NARANJAL - SWIFT Code Information

SWIFT Code / BIC
BMACECEG0E4
Bank / Institution
BANCO DE MACHALA, C.A.
Address
TARQUI Y GUAYAQUIL
City
NARANJAL
Postcode
Country
Ecuador
Connection
Active
BMACECEG0E4 - SWIFT Code Breakdown
SWIFT Code
BMACECEG or BMACECEG0E4
Bank Code
BMAC - code assigned to BANCO DE MACHALA, C.A.
Country Code
EC - code belongs to Ecuador
Location & Status
EG - represents location, second digit means active code
Branch Code
0E4 or not assigned, indicating this is a head office
Head Office
BMACECEG - primary office of BANCO DE MACHALA, C.A., Ecuador

What is a SWIFT Code BMACECEG0E4?

SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

  • First 4 characters - bank code (only letters)
  • Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
  • Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
  • Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.

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