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SWIFT Code BNNRECE1 Banred Ecuador

The SWIFT code of BanredBNNRECE1. The located in city City, Of Ecuador ([countryshor]).

The SWIFT code of Banred Quito City is BNNRECE1. The branch located in Quito City, Of Ecuador (EC).

Banred SWIFT Code: BNNRECE1

Banred Swift/BIc Code Branch

Bank NameBanred
Swift CodeBNNRECE1
Branch Not Available
CountryEcuador EC
CityQuito
Branch Code CE1
SWIFT code (8 characters) BNNRECE1
BIC Code analysis8-letter swift code: BNNRECE1
Branch code:
Institution s 4-letter code: BNNR
Country code: EC
Location code: E1

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is a standard format of Business Identifier Codes approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. (When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI.) These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same.

The SWIFT code is 8 or 11 characters?

Example: BNNRECE1
  • BNNR 4 letters: Institution Code or bank code. (Banred)
  • EC 2 letters: ISO 3166-1 alpha-2 country code (Ecuador)
  • E1 2 letters or digits: location code
  • If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
  • If the second character is "1", then it denotes a passive participant in the SWIFT network
  • If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
  • last 3 letters or digits: branch code.
  • Where an 8-digit code is given, it may be assumed that it refers to the primary office.

SWIFT Code Banred Ecuador

SWIFT Code Banred used to Transfer fund to Internationl Banreds. SWIFTCode Banred Ecuador are provide the broadest coverage of national Banred identifiers. SWIFT Code is identifying Banred es in Ecuador ([countryshor]). SWIFT Code of Banred is unique for each in Ecuador ([countryshor]). Banred is located in Quito Quito, Ecuador Ecuador and Banred The SWIFT code is BNNRECE1 .