SWIFT/BIC code CMTRECE1XXX
CMTRECE1XXX belongs to Cooperativa de Ahorro y Credito Mi Tierra in Pelileo, Ecuador.
Code details
| SWIFT/BIC code | CMTRECE1XXX |
|---|---|
| 8-character code | CMTRECE1 |
| Branch code | XXX |
| Bank | Cooperativa de Ahorro y Credito Mi Tierra |
| Branch | Head office |
| City | Pelileo |
| Country | Ecuador |
How the Cooperativa de Ahorro y Credito Mi Tierra SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CMTR Bank code
- 4 letters that identify the bank.
- EC Country code
- 2 letters for the country (ISO 3166).
- E1 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 institution is behind SWIFT/BIC code CMTRECE1XXX?
CMTRECE1XXX identifies the main office of Cooperativa de Ahorro y Credito Mi Tierra in Pelileo, Ecuador. It is the code to use when a payment to Cooperativa de Ahorro y Credito Mi Tierra does not need a specific branch.
What happens if I use CMTRECE1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CMTRECE1XXX with the recipient before sending.
How long does it take to send money to Cooperativa de Ahorro y Credito Mi Tierra in Ecuador?
A SWIFT payment usually takes 1–5 business days, because of correspondent banks and time zones. Money transfer services are often faster than a bank.
Which details do I need for a transfer to an account at Cooperativa de Ahorro y Credito Mi Tierra?
You need the SWIFT/BIC code CMTRECE1XXX, 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 CMTRECE1XXX mean?
CMTR is the institution code of Cooperativa de Ahorro y Credito Mi Tierra, EC stands for Ecuador, E1 is the code for the city or region and XXX means the main office.
Is CMTRECE1 and CMTRECE1XXX the same SWIFT code?
Yes, they are. CMTRECE1 is the 8-character version of CMTRECE1XXX. XXX simply refers to the head office, so either version routes your payment to Cooperativa de Ahorro y Credito Mi Tierra in Pelileo.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.