SWIFT/BIC code BGRMECEQ200
BGRMECEQ200 belongs to Banco General Ruminahui S.A. in Machala, Ecuador.
Code details
| SWIFT/BIC code | BGRMECEQ200 |
|---|---|
| 8-character code | BGRMECEQ |
| Branch code | 200 |
| Bank | Banco General Ruminahui S.A. |
| Branch | Machala Branch |
| City | Machala |
| Country | Ecuador |
The way the Banco General Ruminahui S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BGRM Bank code
- 4 letters that identify the bank.
- EC Country code
- 2 letters for the country (ISO 3166).
- EQ Location code
- 2 characters for the city or region of the head office.
- 200 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
Which bank uses SWIFT/BIC code BGRMECEQ200?
BGRMECEQ200 is the SWIFT/BIC code of Machala Branch, a unit of Banco General Ruminahui S.A. in Machala, Ecuador. Only use it if the account is held at this specific branch.
How long does a transfer to Banco General Ruminahui S.A. take?
An international SWIFT transfer typically takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Can I use BGRMECEQ instead of BGRMECEQ200?
BGRMECEQ points to the main office of Banco General Ruminahui S.A., while BGRMECEQ200 points to Machala Branch. For a normal transfer the head office code is usually fine, but use BGRMECEQ200 if the recipient asks for it.
What is the cheapest way to send money to Banco General Ruminahui S.A.?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in US Dollar with transfer services before you send – the difference can be large.
Which details do I need for a transfer to an account at Banco General Ruminahui S.A.?
You need the SWIFT/BIC code BGRMECEQ200, the IBAN or local account number of the recipient, their full name and address. Ecuador is not part of SEPA, so the BIC is required.
What do the letters in BGRMECEQ200 stand for?
BGRM is the bank code of Banco General Ruminahui S.A., EC is the ISO code of Ecuador, EQ is the location code and 200 is the code of the branch Machala Branch.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.