SWIFT/BIC code IUNIECE1XXX
IUNIECE1XXX belongs to Investunion in Quito, Ecuador.
Code details
| SWIFT/BIC code | IUNIECE1XXX |
|---|---|
| 8-character code | IUNIECE1 |
| Branch code | XXX |
| Bank | Investunion |
| Branch | Head office |
| City | Quito |
| Country | Ecuador |
The way the Investunion SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IUNI 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 uses SWIFT/BIC code IUNIECE1XXX?
IUNIECE1XXX identifies the head office of Investunion in Quito, Ecuador. It is the code to use when a payment to Investunion does not need a specific branch.
Does Investunion have a single SWIFT/BIC code?
Yes – IUNIECE1XXX is the only SWIFT/BIC code listed for Investunion in Ecuador, so there is no branch code to choose.
Are IUNIECE1 and IUNIECE1XXX the same SWIFT code?
Yes, they are. IUNIECE1 is the 8-character version of IUNIECE1XXX. XXX simply means head office, so both will reach Investunion in Quito.
What is the cheapest way to send money to Investunion in Ecuador?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in US Dollar with transfer services before you send – the difference can be large.
Which details do I need to send money to an account at Investunion?
Have ready the SWIFT/BIC code IUNIECE1XXX, the account number or IBAN of the recipientand the name of the account holder. Ecuador is not part of SEPA, so always include the BIC.
What does each part of IUNIECE1XXX mean?
IUNI is the institution code of Investunion, EC is the ISO code of Ecuador, E1 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.