SWIFT/BIC code AACRECE1XXX
AACRECE1XXX belongs to Caja de Ahorro y Credito Nuestra Senora de la Merced in Olmedo, Ecuador.
Code details
| SWIFT/BIC code | AACRECE1XXX |
|---|---|
| 8-character code | AACRECE1 |
| Branch code | XXX |
| Bank | Caja de Ahorro y Credito Nuestra Senora de la Merced |
| Branch | Head office |
| City | Olmedo |
| Country | Ecuador |
How the Caja de Ahorro y Credito Nuestra Senora de la Merced SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AACR Bank code
- 4 letters that identify the bank.
- EC Country code
- 2 letters for the country (ISO 3166).
- E1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank uses BIC AACRECE1XXX?
AACRECE1XXX is the SWIFT/BIC code of the headquarters of Caja de Ahorro y Credito Nuestra Senora de la Merced in Olmedo, Ecuador. It is the code to use when you send money to an account at Caja de Ahorro y Credito Nuestra Senora de la Merced.
What happens if I use AACRECE1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check AACRECE1XXX with the recipient before you confirm.
What is the cheapest way to send money to Caja de Ahorro y Credito Nuestra Senora de la Merced in Ecuador?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in US Dollar with transfer services before you send – the difference can be large.
How long does a transfer to Caja de Ahorro y Credito Nuestra Senora de la Merced take in Ecuador?
An international SWIFT transfer usually takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often faster and cheaper.
What does each part of AACRECE1XXX stand for?
AACR is the institution code of Caja de Ahorro y Credito Nuestra Senora de la Merced, EC stands for Ecuador, E1 is the code for the city or region and XXX marks the main office.
Which details do I need for a transfer to an account at Caja de Ahorro y Credito Nuestra Senora de la Merced?
You need the SWIFT/BIC code AACRECE1XXX, the IBAN or local account number of the recipient, their full name and address. Ecuador uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.