SWIFT Code BCENECEQ120 — BANCO CENTRAL DEL ECUADOR, GUAYAQUIL

About SWIFT Code BCENECEQ120 — BANCO CENTRAL DEL ECUADOR, GUAYAQUIL

SWIFT code BCENECEQ120 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO CENTRAL DEL ECUADOR in GUAYAQUIL, Ecuador. 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 CENTRAL DEL ECUADOR for all outward international remittances from GUAYAQUIL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BCENECEQ120

The code BCENECEQ120 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BCENECEQ120

Receiving International Wire Transfers

To receive money from abroad at your BANCO CENTRAL DEL ECUADOR account in GUAYAQUIL, share SWIFT code BCENECEQ120 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 CENTRAL DEL ECUADOR, GUAYAQUIL must provide SWIFT code BCENECEQ120. 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 CENTRAL DEL ECUADOR in GUAYAQUIL rely on SWIFT code BCENECEQ120 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 CENTRAL DEL ECUADOR →

For cheque clearing or NACH mandates, use the MICR code for BANCO CENTRAL DEL ECUADOR →

For TDS challan deposits, find the BSR code for BANCO CENTRAL DEL ECUADOR →

How SWIFT Code BCENECEQ120 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BCENECEQ120 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 CENTRAL DEL ECUADOR.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO CENTRAL DEL ECUADOR receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BCENECEQ120

• Spaces or lowercase letters — Always enter BCENECEQ120 uppercase with no spaces.
• Using the wrong city — This code is for GUAYAQUIL 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 Ecuador.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BCENECEQ120 directly with BANCO CENTRAL DEL ECUADOR's GUAYAQUIL branch or via the SWIFT BIC Directory.