SWIFT/BIC code MENOMXMTDER
MENOMXMTDER belongs to Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte in Monterrey,n.l., Mexico.
Code details
| SWIFT/BIC code | MENOMXMTDER |
|---|---|
| 8-character code | MENOMXMT |
| Branch code | DER |
| Bank | Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte |
| Branch | Derivatives |
| City | Monterrey,n.l. |
| Country | Mexico |
How the Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MENO Bank code
- 4 letters that identify the bank.
- MX Country code
- 2 letters for the country (ISO 3166).
- MT Location code
- 2 characters for the city or region of the head office.
- DER 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 MENOMXMTDER?
MENOMXMTDER is the SWIFT/BIC code of Derivatives, part of Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte in Monterrey,n.l., Mexico. Only use it if the account is held at this specific branch.
What is the best way to send money to Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte in Mexico?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Mexican Peso with specialist providers before you send – the difference can be large.
What do the letters in MENOMXMTDER mean?
MENO is the bank code of Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte, MX stands for Mexico, MT is the location code and DER is the code of the department Derivatives.
What do I need to send money to an account at Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte?
You need the SWIFT/BIC code MENOMXMTDER, the IBAN or local account number of the recipientand the name of the account holder. Mexico uses international SWIFT transfers, so always include the BIC.
Can I use MENOMXMT instead of MENOMXMTDER?
MENOMXMT is the head office of Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte, while MENOMXMTDER points to Derivatives. For a normal transfer the head office code is usually fine, yet use MENOMXMTDER if the recipient asks for it.
How long does a transfer to Banco Mercantil del Norte, S.a., Institucion de Banca Multiple, Grupo Financiero Banorte take in Mexico?
A SWIFT payment usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.