SWIFT/BIC codes in Ecuador: banks starting with A

SWIFT/BIC codes in Ecuador

This directory lists 467 banks and other institutions in Ecuador and 612 SWIFT/BIC codes between them. Every code points to an institution or one of its branches.

Choose a bank from the list to view the head office code and its other codes along with tips for payments to and from that bank. The rest of this page covers how the codes work, the cost of transfers and how to avoid mistakes.

The structure of a Ecuador SWIFT/BIC code

Each SWIFT/BIC code consists of 8 or 11 characters in a fixed order. The first four letters identify the bank, characters five and six are the country code and the next two mark the location.

You can recognise a bank code from Ecuador from letters five and six: they always show the ISO country code of Ecuador. If the country letters point to another country, the code belongs to a bank in another country – worth double-checking.

The last three characters, if present, identify a branch or department; XXX means the head office. Use a branch code just if the recipient’s bank asks for it.

SWIFT transfers to Ecuador

Ecuador is outside the SEPA area, so European euro rules do not apply. International transfers to Ecuador usually go over the SWIFT network.

In some countries, the account is identified by a domestic account number rather than an IBAN. Check with the recipient which details their bank requires for payments from abroad. On the way to Ecuador, a payment can pass through correspondent banks.

Paying in USD: what conversion costs you

Most accounts in Ecuador are usually held in USD. A payment in a foreign currency is converted into USD on its way to the recipient – and the bank that does it picks the rate.

Who does the conversion has an effect on the final amount. Check how much USD arrives via several services. On larger amounts, a seemingly small difference in the rate can be worth more than the fee.

What a sender needs to pay you in Ecuador

A sender in another country will ask for several details from you. Give them your name as registered with the bank, the IBAN or account number, the BIC of your bank and your address.

Look up the bank in the list above and compare the code with your own bank details – your bank statement is the final word. You can add the name and city of your bank as well, since some payment forms ask for it.

What lands in your account can be lower than what was sent. Correspondent banks can take a fee, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who pays which costs.

SWIFT codes in Ecuador: banks under :letter

You are looking at a filtered list: just institutions in Ecuador whose name begins with :letter. The totals mentioned here apply to all 467 banks and not only this letter.

If a bank is missing under :letter, try another letter: banks are often registered under their full legal name. Use the full list for Ecuador when you do not know the exact name.

About our data and how to check a code

Have the recipient send you the account details directly from their banking app. A wrong code may lead to delays, a payment being sent back or extra fees.

We gather bank codes from public sources and check them from time to time. Banks merge, close branches and retire codes – a directory can be a step behind. Before any payment of any size, confirm the BIC with the recipient. We are an independent comparison site for money transfers and not part of any bank listed here.

Scammers regularly send fake invoices with new bank details that look completely genuine. A real SWIFT code says nothing about whether a request is genuine: criminals use real codes too.

Transfer times to Ecuador

An international transfer to Ecuador usually takes anywhere from one to several business days. Bank holidays in either country can add a day or more to the journey.

Many banks use SWIFT gpi for faster and traceable payments. Each payment gets a unique transaction reference, the UETR. Money transfer services often show a status online, which makes it easier to see where the money is.

What a transfer to Ecuador really costs

If you send money to Ecuador with your bank, the stated fee is only part of the cost. Besides the fee, intermediary banks can deduct a charge and, if currencies are converted, the bank usually applies a rate below the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee – the bank builds a margin into its rate. A simple test: set the rate you get against the mid-market rate and work out the difference on your amount.

For many routes, a transfer service is cheaper than a bank. Before your next transfer to Ecuador, it is worth to compare the total cost on GoldexPay instead of going straight to your bank.

Which bank in Ecuador has the most codes?

Of all banks we list for Ecuador, Banco Pichincha C.a. has the most SWIFT codes. Its main office has PICHECEQXXX; that is usually the right code for a transfer.

A large number of codes often reflects separate codes for branches, departments or services. Making a payment to Banco Pichincha C.a.? Use PICHECEQXXX unless the recipient gives you a branch code.