SWIFT Code INMECOB1 — MERCANTIL DE INVESIONES SA, BOGOTA

About SWIFT Code INMECOB1 — MERCANTIL DE INVESIONES SA, BOGOTA

SWIFT code INMECOB1 is the official 8-character head-office BIC (Bank Identifier Code) for MERCANTIL DE INVESIONES SA in BOGOTA, Colombia. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by MERCANTIL DE INVESIONES SA for all outward international remittances from BOGOTA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code INMECOB1

The code INMECOB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code INMECOB1

Receiving International Wire Transfers

To receive money from abroad at your MERCANTIL DE INVESIONES SA account in BOGOTA, share SWIFT code INMECOB1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at MERCANTIL DE INVESIONES SA, BOGOTA must provide SWIFT code INMECOB1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using MERCANTIL DE INVESIONES SA in BOGOTA rely on SWIFT code INMECOB1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for MERCANTIL DE INVESIONES SA →

For cheque clearing or NACH mandates, use the MICR code for MERCANTIL DE INVESIONES SA →

For TDS challan deposits, find the BSR code for MERCANTIL DE INVESIONES SA →

How SWIFT Code INMECOB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code INMECOB1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to MERCANTIL DE INVESIONES SA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MERCANTIL DE INVESIONES SA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code INMECOB1

• Spaces or lowercase letters — Always enter INMECOB1 uppercase with no spaces.
• Using the wrong city — This code is for BOGOTA only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Colombia.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm INMECOB1 directly with MERCANTIL DE INVESIONES SA's BOGOTA branch or via the SWIFT BIC Directory.