SWIFT Code BAIECRS1 — BANCO INTERNACIONAL DE EXPORTACION S.A., SAN JOSE

About SWIFT Code BAIECRS1 — BANCO INTERNACIONAL DE EXPORTACION S.A., SAN JOSE

SWIFT code BAIECRS1 is the official 8-character head-office BIC (Bank Identifier Code) for BANCO INTERNACIONAL DE EXPORTACION S.A. in SAN JOSE, Costa Rica. 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 BANCO INTERNACIONAL DE EXPORTACION S.A. for all outward international remittances from SAN JOSE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BAIECRS1

The code BAIECRS1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BAIECRS1

Receiving International Wire Transfers

To receive money from abroad at your BANCO INTERNACIONAL DE EXPORTACION S.A. account in SAN JOSE, share SWIFT code BAIECRS1 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 BANCO INTERNACIONAL DE EXPORTACION S.A., SAN JOSE must provide SWIFT code BAIECRS1. 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 BANCO INTERNACIONAL DE EXPORTACION S.A. in SAN JOSE rely on SWIFT code BAIECRS1 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 BANCO INTERNACIONAL DE EXPORTACION S.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCO INTERNACIONAL DE EXPORTACION S.A. →

For TDS challan deposits, find the BSR code for BANCO INTERNACIONAL DE EXPORTACION S.A. →

How SWIFT Code BAIECRS1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BAIECRS1 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 BANCO INTERNACIONAL DE EXPORTACION S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO INTERNACIONAL DE EXPORTACION S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BAIECRS1

• Spaces or lowercase letters — Always enter BAIECRS1 uppercase with no spaces.
• Using the wrong city — This code is for SAN JOSE 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 Costa Rica.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BAIECRS1 directly with BANCO INTERNACIONAL DE EXPORTACION S.A.'s SAN JOSE branch or via the SWIFT BIC Directory.