SWIFT/BIC code UTEUUYM1XXX
UTEUUYM1XXX belongs to Ute in Montevideo, Uruguay.
Code details
| SWIFT/BIC code | UTEUUYM1XXX |
|---|---|
| 8-character code | UTEUUYM1 |
| Branch code | XXX |
| Bank | Ute |
| Branch | Head office |
| City | Montevideo |
| Country | Uruguay |
The way the Ute SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- UTEU 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 SWIFT code UTEUUYM1XXX?
UTEUUYM1XXX is the SWIFT/BIC code of the head office of Ute in Montevideo, Uruguay. Use it when a payment to Ute does not need a specific branch.
How long does a transfer to Ute take in Uruguay?
An international SWIFT transfer usually takes 1–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What is the cheapest way to send money to Ute?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Uruguay with specialist providers before you send.
What do I need for a transfer to an account at Ute?
Have ready the SWIFT/BIC code UTEUUYM1XXX, the account number or IBAN of the recipientand the name of the account holder. Uruguay uses international SWIFT transfers, so the BIC is required.
What does each part of UTEUUYM1XXX stand for?
UTEU is the bank code of Ute, UY is the ISO code of Uruguay, M1 is the location code and XXX means the main office.
Does Ute use only one SWIFT/BIC code?
Yes – UTEUUYM1XXX is the single SWIFT/BIC code listed for Ute in Uruguay, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.