SWIFT/BIC code BNDENIM1XXX
BNDENIM1XXX belongs to Banco Nacional de Desarrollo in Managua, Nicaragua.
Code details
| SWIFT/BIC code | BNDENIM1XXX |
|---|---|
| 8-character code | BNDENIM1 |
| Branch code | XXX |
| Bank | Banco Nacional de Desarrollo |
| Branch | Head office |
| City | Managua |
| Country | Nicaragua |
How the Banco Nacional de Desarrollo SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BNDE Bank code
- 4 letters that identify the bank.
- NI Country code
- 2 letters for the country (ISO 3166).
- M1 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 is behind SWIFT code BNDENIM1XXX?
BNDENIM1XXX is the SWIFT/BIC code of the main office of Banco Nacional de Desarrollo in Managua, Nicaragua. It is the code to use when you send money to an account at Banco Nacional de Desarrollo.
What is the best way to send money to Banco Nacional de Desarrollo?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Nicaragua with transfer services before you send.
What happens if I enter BNDENIM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BNDENIM1XXX with the recipient before you confirm.
Is BNDENIM1 and BNDENIM1XXX the same SWIFT code?
Yes, they are. BNDENIM1 is the 8-character version of BNDENIM1XXX. XXX simply means head office, so either version routes your payment to Banco Nacional de Desarrollo in Managua.
What do the letters in BNDENIM1XXX mean?
BNDE is the institution code of Banco Nacional de Desarrollo, NI is the ISO code of Nicaragua, M1 is the code for the city or region and XXX means the main office.
Which details do I need to send money to an account at Banco Nacional de Desarrollo?
You need the SWIFT/BIC code BNDENIM1XXX, the account number or IBAN of the recipientand the name of the account holder. Nicaragua uses international SWIFT transfers, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.