SWIFT Code CSMRECE1 — COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA, GUANO

About SWIFT Code CSMRECE1 — COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA, GUANO

SWIFT code CSMRECE1 is the official 8-character head-office BIC (Bank Identifier Code) for COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA in GUANO, 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 SERVICIOS MULTIPLES AGRO VIDA for all outward international remittances from GUANO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CSMRECE1

The code CSMRECE1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CSMRECE1

Receiving International Wire Transfers

To receive money from abroad at your COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA account in GUANO, share SWIFT code CSMRECE1 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 SERVICIOS MULTIPLES AGRO VIDA, GUANO must provide SWIFT code CSMRECE1. 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 SERVICIOS MULTIPLES AGRO VIDA in GUANO rely on SWIFT code CSMRECE1 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 SERVICIOS MULTIPLES AGRO VIDA →

For cheque clearing or NACH mandates, use the MICR code for COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA →

For TDS challan deposits, find the BSR code for COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA →

How SWIFT Code CSMRECE1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CSMRECE1 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 SERVICIOS MULTIPLES AGRO VIDA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CSMRECE1

• Spaces or lowercase letters — Always enter CSMRECE1 uppercase with no spaces.
• Using the wrong city — This code is for GUANO 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 CSMRECE1 directly with COOPERATIVA DE SERVICIOS MULTIPLES AGRO VIDA's GUANO branch or via the SWIFT BIC Directory.