SWIFT/BIC code BSEMUYM1XXX
BSEMUYM1XXX belongs to Banco de Seguros del Estado in Montevideo, Uruguay.
Code details
| SWIFT/BIC code | BSEMUYM1XXX |
|---|---|
| 8-character code | BSEMUYM1 |
| Branch code | XXX |
| Bank | Banco de Seguros del Estado |
| Branch | Head office |
| City | Montevideo |
| Country | Uruguay |
How the Banco de Seguros del Estado SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BSEM Bank code
- 4 letters that identify the bank.
- UY 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 uses SWIFT code BSEMUYM1XXX?
The code BSEMUYM1XXX belongs to the main office of Banco de Seguros del Estado in Montevideo, Uruguay. Use it when a payment to Banco de Seguros del Estado does not need a specific branch.
Does Banco de Seguros del Estado use a single SWIFT/BIC code?
Yes, BSEMUYM1XXX is the only SWIFT/BIC code we have for Banco de Seguros del Estado in Uruguay, so there is no branch code to choose.
Are BSEMUYM1 and BSEMUYM1XXX the same SWIFT code?
Yes. BSEMUYM1 is the 8-character version of BSEMUYM1XXX. XXX simply means head office, so either version will reach Banco de Seguros del Estado in Montevideo.
What happens if I use BSEMUYM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check BSEMUYM1XXX with the recipient before sending.
How long does it take to send money to Banco de Seguros del Estado in Uruguay?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often faster than a bank.
What is the cheapest way to send money to Banco de Seguros del Estado?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Uruguay with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.