SWIFT Code BAIFECE1 — BANICREDIT INTERMEDIARIA FINANCIERA S.A., GUAYAQUIL

About SWIFT Code BAIFECE1 — BANICREDIT INTERMEDIARIA FINANCIERA S.A., GUAYAQUIL

SWIFT code BAIFECE1 is the official 8-character head-office BIC (Bank Identifier Code) for BANICREDIT INTERMEDIARIA FINANCIERA S.A. 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 BANICREDIT INTERMEDIARIA FINANCIERA S.A. 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 BAIFECE1

The code BAIFECE1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BAIFECE1

Receiving International Wire Transfers

To receive money from abroad at your BANICREDIT INTERMEDIARIA FINANCIERA S.A. account in GUAYAQUIL, share SWIFT code BAIFECE1 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 BANICREDIT INTERMEDIARIA FINANCIERA S.A., GUAYAQUIL must provide SWIFT code BAIFECE1. 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 BANICREDIT INTERMEDIARIA FINANCIERA S.A. in GUAYAQUIL rely on SWIFT code BAIFECE1 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 BANICREDIT INTERMEDIARIA FINANCIERA S.A. →

For cheque clearing or NACH mandates, use the MICR code for BANICREDIT INTERMEDIARIA FINANCIERA S.A. →

For TDS challan deposits, find the BSR code for BANICREDIT INTERMEDIARIA FINANCIERA S.A. →

How SWIFT Code BAIFECE1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BAIFECE1 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 BANICREDIT INTERMEDIARIA FINANCIERA S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANICREDIT INTERMEDIARIA FINANCIERA S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BAIFECE1

• Spaces or lowercase letters — Always enter BAIFECE1 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 BAIFECE1 directly with BANICREDIT INTERMEDIARIA FINANCIERA S.A.'s GUAYAQUIL branch or via the SWIFT BIC Directory.