SWIFT/BIC code MNBDMXM1XXX
MNBDMXM1XXX belongs to Banco Monex, S.A. Institucion de Banca Multiple in Mexico, Mexico.
Code details
| SWIFT/BIC code | MNBDMXM1XXX |
|---|---|
| 8-character code | MNBDMXM1 |
| Branch code | XXX |
| Bank | Banco Monex, S.A. Institucion de Banca Multiple |
| Branch | Head office |
| City | Mexico |
| Country | Mexico |
How the Banco Monex, S.A. Institucion de Banca Multiple SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MNBD Bank code
- 4 letters that identify the bank.
- MX 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
What bank uses BIC MNBDMXM1XXX?
The code MNBDMXM1XXX belongs to the head office of Banco Monex, S.A. Institucion de Banca Multiple in Mexico, Mexico. It is the code to use when you send money to an account at Banco Monex, S.A. Institucion de Banca Multiple.
What is the best way to send money to Banco Monex, S.A. Institucion de Banca Multiple?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Mexican Peso with transfer services before you send – the difference can be large.
Does Banco Monex, S.A. Institucion de Banca Multiple use a single SWIFT/BIC code?
Yes – MNBDMXM1XXX is the only SWIFT/BIC code we have for Banco Monex, S.A. Institucion de Banca Multiple in Mexico, so you do not need to pick a branch code.
What happens if I enter MNBDMXM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check MNBDMXM1XXX with the recipient before sending.
How long does a transfer to Banco Monex, S.A. Institucion de Banca Multiple take?
A SWIFT payment typically takes 2–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Is MNBDMXM1 and MNBDMXM1XXX the same SWIFT code?
Yes. MNBDMXM1 is the 8-character version of MNBDMXM1XXX. XXX simply means head office, so either version will reach Banco Monex, S.A. Institucion de Banca Multiple in Mexico.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.