SWIFT/BIC code MIGMECE1XXX
MIGMECE1XXX belongs to Ministerio de Agricultura (Magap) in Quito, Ecuador.
Code details
| SWIFT/BIC code | MIGMECE1XXX |
|---|---|
| 8-character code | MIGMECE1 |
| Branch code | XXX |
| Bank | Ministerio de Agricultura (Magap) |
| Branch | Head office |
| City | Quito |
| Country | Ecuador |
How the Ministerio de Agricultura (Magap) SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MIGM 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 MIGMECE1XXX?
MIGMECE1XXX identifies the head office of Ministerio de Agricultura (Magap) in Quito, Ecuador. It is the code to use when a payment to Ministerio de Agricultura (Magap) does not need a specific branch.
What does each part of MIGMECE1XXX stand for?
MIGM is the bank code of Ministerio de Agricultura (Magap), EC is the ISO code of Ecuador, E1 is the location code and XXX means the head office.
Which details do I need for a transfer to an account at Ministerio de Agricultura (Magap)?
You need the SWIFT/BIC code MIGMECE1XXX, the account number or IBAN of the recipient, their full name and address. Ecuador is not part of SEPA, so always include the BIC.
Does Ministerio de Agricultura (Magap) use only one SWIFT/BIC code?
Yes, MIGMECE1XXX is the single SWIFT/BIC code we have for Ministerio de Agricultura (Magap) in Ecuador, so you do not need to pick a branch code.
What is the best way to send money to Ministerio de Agricultura (Magap)?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in US Dollar with specialist providers before you send – the difference can be large.
How long does it take to send money to Ministerio de Agricultura (Magap) in Ecuador?
A SWIFT payment usually takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often quicker and cheaper.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.