SWIFT Code LOJBECEL — BANCO DE LOJA, LOJA

About SWIFT Code LOJBECEL — BANCO DE LOJA, LOJA

SWIFT code LOJBECEL is the official 8-character head-office BIC (Bank Identifier Code) for BANCO DE LOJA in LOJA, 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 DE LOJA for all outward international remittances from LOJA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code LOJBECEL

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

When to Use SWIFT Code LOJBECEL

Receiving International Wire Transfers

To receive money from abroad at your BANCO DE LOJA account in LOJA, share SWIFT code LOJBECEL 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 DE LOJA, LOJA must provide SWIFT code LOJBECEL. 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 DE LOJA in LOJA rely on SWIFT code LOJBECEL 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 DE LOJA →

For cheque clearing or NACH mandates, use the MICR code for BANCO DE LOJA →

For TDS challan deposits, find the BSR code for BANCO DE LOJA →

How SWIFT Code LOJBECEL Routes an International Transfer

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

Common Mistakes When Using SWIFT Code LOJBECEL

• Spaces or lowercase letters — Always enter LOJBECEL uppercase with no spaces.
• Using the wrong city — This code is for LOJA 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 LOJBECEL directly with BANCO DE LOJA's LOJA branch or via the SWIFT BIC Directory.