SWIFT/BIC code BMBOBRC1XXX
BMBOBRC1XXX belongs to Banco Mercantil S.A. in Recife, Brazil.
Code details
| SWIFT/BIC code | BMBOBRC1XXX |
|---|---|
| 8-character code | BMBOBRC1 |
| Branch code | XXX |
| Bank | Banco Mercantil S.A. |
| Branch | Head office |
| City | Recife |
| Country | Brazil |
How the Banco Mercantil S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BMBO Bank code
- 4 letters that identify the bank.
- BR Country code
- 2 letters for the country (ISO 3166).
- C1 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
Which bank uses SWIFT/BIC code BMBOBRC1XXX?
BMBOBRC1XXX is the SWIFT/BIC code of the main office of Banco Mercantil S.A. in Recife, Brazil. It is the code to use when a payment to Banco Mercantil S.A. does not need a specific branch.
How long does it take to send money to Banco Mercantil S.A.?
An international SWIFT transfer typically takes 2–5 business days, because of correspondent banks and time zones. Specialist transfer services are often quicker and cheaper.
What do I need to send money to an account at Banco Mercantil S.A.?
You need the SWIFT/BIC code BMBOBRC1XXX, the account number or IBAN of the recipient, their full name and address. Brazil is not part of SEPA, so the BIC is required.
What does each part of BMBOBRC1XXX mean?
BMBO is the institution code of Banco Mercantil S.A., BR is the ISO code of Brazil, C1 is the code for the city or region and XXX means the head office.
What happens if I enter BMBOBRC1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BMBOBRC1XXX with the recipient before sending.
Is BMBOBRC1 and BMBOBRC1XXX the same code?
Yes. BMBOBRC1 is the 8-character version of BMBOBRC1XXX. The XXX at the end only means head office, so either version routes your payment to Banco Mercantil S.A. in Recife.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.