SWIFT Code BMACECEG0E4 — BANCO DE MACHALA, C.A., NARANJAL

About SWIFT Code BMACECEG0E4 — BANCO DE MACHALA, C.A., NARANJAL

SWIFT code BMACECEG0E4 is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO DE MACHALA, C.A. in NARANJAL, 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 MACHALA, C.A. for all outward international remittances from NARANJAL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BMACECEG0E4

The code BMACECEG0E4 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BMACECEG0E4

Receiving International Wire Transfers

To receive money from abroad at your BANCO DE MACHALA, C.A. account in NARANJAL, share SWIFT code BMACECEG0E4 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 MACHALA, C.A., NARANJAL must provide SWIFT code BMACECEG0E4. 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 MACHALA, C.A. in NARANJAL rely on SWIFT code BMACECEG0E4 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 MACHALA, C.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCO DE MACHALA, C.A. →

For TDS challan deposits, find the BSR code for BANCO DE MACHALA, C.A. →

How SWIFT Code BMACECEG0E4 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BMACECEG0E4 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 MACHALA, C.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO DE MACHALA, C.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BMACECEG0E4

• Spaces or lowercase letters — Always enter BMACECEG0E4 uppercase with no spaces.
• Using the wrong city — This code is for NARANJAL 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 BMACECEG0E4 directly with BANCO DE MACHALA, C.A.'s NARANJAL branch or via the SWIFT BIC Directory.