Banco Credit Suisse (Mexico) S.A. SWIFT/BIC code

SWIFT/BIC code of Banco Credit Suisse (Mexico) S.A.

The 8-character code CSFBMXMM and the 11-character code CSFBMXMMXXX refer to one and the same institution: Banco Credit Suisse (Mexico) S.A.. A BIC does one job: it makes sure that an international payment reaches the right bank. In practice you usually come across it on invoices from abroad, in your banking app and on the account details that Banco Credit Suisse (Mexico) S.A. provides.

On this page you will find how the code is put together, when you need it and what else a transfer to or from Banco Credit Suisse (Mexico) S.A. requires. The SWIFT code on its own does not identify a personal account; for that you need the account number or IBAN .

The Mexican Peso and what conversion costs you

The local currency of Mexico is the Mexican Peso (MXN). If you send money in a different currency, the amount has to be converted at some point. You rarely see a separate charge for that conversion – the cost sits in the rate.

Who converts the money makes a difference. Sending the money already in MXN often prevents an extra conversion at the receiving end.

The rate for MXN changes constantly, so the amount you see is usually only valid for a short time. On larger amounts, a seemingly small difference in the rate can be worth more than the fee.

How up to date is this code?

The details here come from public sources. Banks reorganise, change names and change codes – a directory can be a step behind. Counts and locations come from our own dataset.

Treat this page as a starting point, rather than as the final word. GoldexPay is a comparison service and not affiliated with Banco Credit Suisse (Mexico) S.A.. Found an error? Tell us via our contact form.

Sending money abroad from Banco Credit Suisse (Mexico) S.A.

If you transfer money to another country from Banco Credit Suisse (Mexico) S.A., the fee you see is only part of the cost. Besides the transfer fee, banks in between may deduct a fee, and if currencies are converted, the bank often applies a rate that is less favourable than the actual market rate.

Many banks rarely list the margin on the rate as a cost. An easy check: put the bank’s rate against the mid-market rate for the same moment and look at the difference.

For many routes, a specialist provider turns out to be cheaper than a bank, mainly because of the exchange rate. Before your next transfer, it is worth to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not mean closing your account at Banco Credit Suisse (Mexico) S.A.: you simply pay the service from your account.

Which of the 2 codes of Banco Credit Suisse (Mexico) S.A. do you need?

Having 2 codes, Banco Credit Suisse (Mexico) S.A. is one of the banks that register separate codes for parts of the organisation. The head office code is CSFBMXMMXXX.

Usually you do not need to pick a branch: transfers addressed to CSFBMXMMXXX are routed within Banco Credit Suisse (Mexico) S.A. without problems. If you have been given a specific code, stick to it instead of replacing it with the head office code.

When in doubt, check with the recipient for the exact BIC in their bank details. Codes can change when banks reorganise.

Before you send: check the Banco Credit Suisse (Mexico) S.A. code

The best place to find the right code is paperwork issued by the bank. Compare it against CSFBMXMM here.

With a wrong code, the transfer may get stuck, be returned or cost extra, and tracing it can take weeks. Remember the IBAN: an error there is more difficult to undo than a wrong code.

A format check in your banking app only tells you that the IBAN exists. Where available, a payee name check on the recipient adds extra certainty. For a first payment, many people send a small amount first.

Receiving money from abroad at Banco Credit Suisse (Mexico) S.A.

If you are waiting for money from abroad, send the payer all details at once. What they need is: the account holder’s name, account number or IBAN, CSFBMXMMXXX and often your home address.

Certain sending banks also ask for the name and address of Banco Credit Suisse (Mexico) S.A.. A typo in the IBAN can be more trouble than it looks.

An incoming payment does not always land in full. Fees for incoming transfers vary from bank to bank. On invoices, it is common to state who bears the costs.

Transfer times and tracking a payment to Banco Credit Suisse (Mexico) S.A.

A SWIFT payment usually takes one to a few business days – it depends on currency, route and the banks in between. Bank holidays in the sending or receiving country add extra days, since banks do not process on those days. Sometimes a bank wants to know about the purpose of a payment before releasing it.

If a transfer seems delayed, ask the sending bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Keep the payment confirmation until the recipient confirms.

If a payment has not arrived within the expected time, the sender needs to start with the bank that sent it, not the receiving bank. As a recipient, you can check your statements to see a partial amount because fees can reduce the amount.

8 or 11 characters: CSFBMXMM versus CSFBMXMMXXX

The structure of every SWIFT code never changes: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. That gives you CSFBMXMM, the short form of the code.

XXX at the end of CSFBMXMMXXX is not a missing value or an error: it stands for the head office of Banco Credit Suisse (Mexico) S.A.. Some banking apps insist on 11 characters, in which case you simply add XXX behind CSFBMXMM.

Leave out spaces when you type CSFBMXMM or CSFBMXMMXXX. Copying the code is safer than retyping it: a typo can point to another bank.

Watch out for payment fraud

Scammers often use payment requests with new bank details, sometimes in an email that looks completely genuine. The fact that CSFBMXMM exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Do not rely on a phone number in the same message that announces the new account. Pressure or secrecy are warning signs – a real supplier can wait a day. If a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: a classic trick is an overpayment and then sends a request to refund the difference. A payment confirmation from the sender is no proof – check your own account.