SWIFT/BIC code BGRMECEQ505
BGRMECEQ505 belongs to Banco General Ruminahui S.A. in Quito, Ecuador.
Code details
| SWIFT/BIC code | BGRMECEQ505 |
|---|---|
| 8-character code | BGRMECEQ |
| Branch code | 505 |
| Bank | Banco General Ruminahui S.A. |
| Branch | Cash Management |
| City | Quito |
| Country | Ecuador |
The way the Banco General Ruminahui S.A. SWIFT/BIC is built up
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.
- 505 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 branch uses BIC BGRMECEQ505?
BGRMECEQ505 identifies Cash Management, a unit of Banco General Ruminahui S.A. in Quito, Ecuador. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use BGRMECEQ instead of BGRMECEQ505?
BGRMECEQ points to the head office of Banco General Ruminahui S.A., while BGRMECEQ505 is Cash Management. Most international transfers work with the head office code, yet follow the instructions of the recipient if they mention BGRMECEQ505.
Does Banco General Ruminahui S.A. have other SWIFT/BIC codes?
Yes, our database contains 4 SWIFT/BIC codes for Banco General Ruminahui S.A. in Ecuador, for the head office and several branches or departments. All of them are listed on the page of Banco General Ruminahui S.A..
Which details do I need for a transfer to an account at Banco General Ruminahui S.A.?
Have ready the SWIFT/BIC code BGRMECEQ505, the account number or IBAN of the recipientand the name of the account holder. Ecuador is not part of SEPA, so always include the BIC.
How long does it take to send money to Banco General Ruminahui S.A.?
A SWIFT payment typically takes 1–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker and cheaper.
What happens if I enter BGRMECEQ505 with a typo?
Your transfer can bounce, get stuck or cost extra. Always check BGRMECEQ505 with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.