SWIFT/BIC code DECVUYM1XXX
DECVUYM1XXX belongs to Depositario Central de Valores in Montevideo, Uruguay.
Code details
| SWIFT/BIC code | DECVUYM1XXX |
|---|---|
| 8-character code | DECVUYM1 |
| Branch code | XXX |
| Bank | Depositario Central de Valores |
| Branch | Head office |
| City | Montevideo |
| Country | Uruguay |
How the Depositario Central de Valores SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DECV 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 institution is behind BIC DECVUYM1XXX?
DECVUYM1XXX is the SWIFT/BIC code of the main office of Depositario Central de Valores in Montevideo, Uruguay. Use it when a payment to Depositario Central de Valores does not need a specific branch.
What happens if I use DECVUYM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check DECVUYM1XXX against the details from Depositario Central de Valores before sending.
What is the best way to send money to Depositario Central de Valores?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Uruguay with transfer services before you send – the difference can be large.
Does Depositario Central de Valores have a single SWIFT/BIC code?
Yes, DECVUYM1XXX is the only SWIFT/BIC code listed for Depositario Central de Valores in Uruguay, so there is no branch code to choose.
Are DECVUYM1 and DECVUYM1XXX the same code?
Yes, they are. DECVUYM1 is the short version of DECVUYM1XXX. XXX simply means head office, so either version will reach Depositario Central de Valores in Montevideo.
What does each part of DECVUYM1XXX stand for?
DECV is the institution code of Depositario Central de Valores, UY stands for Uruguay, M1 is the code for the city or region and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.