SWIFT Code CLRSECE1 — COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA, BABAHOYO

About SWIFT Code CLRSECE1 — COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA, BABAHOYO

SWIFT code CLRSECE1 is the official 8-character head-office BIC (Bank Identifier Code) for COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA in BABAHOYO, 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 COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA for all outward international remittances from BABAHOYO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CLRSECE1

The code CLRSECE1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CLRSECE1

Receiving International Wire Transfers

To receive money from abroad at your COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA account in BABAHOYO, share SWIFT code CLRSECE1 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 COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA, BABAHOYO must provide SWIFT code CLRSECE1. 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 COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA in BABAHOYO rely on SWIFT code CLRSECE1 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 COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA →

For cheque clearing or NACH mandates, use the MICR code for COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA →

For TDS challan deposits, find the BSR code for COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA →

How SWIFT Code CLRSECE1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CLRSECE1 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 COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CLRSECE1

• Spaces or lowercase letters — Always enter CLRSECE1 uppercase with no spaces.
• Using the wrong city — This code is for BABAHOYO 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 CLRSECE1 directly with COOPERATIVA DE AHORRO Y CREDITO LOS RIOS LTDA's BABAHOYO branch or via the SWIFT BIC Directory.