SWIFT Code MEHIHUH1 — MECSEKKORNYEK HITELSZOVETKEZET, PECS

About SWIFT Code MEHIHUH1 — MECSEKKORNYEK HITELSZOVETKEZET, PECS

SWIFT code MEHIHUH1 is the official 8-character head-office BIC (Bank Identifier Code) for MECSEKKORNYEK HITELSZOVETKEZET in PECS, Hungary. 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 MECSEKKORNYEK HITELSZOVETKEZET for all outward international remittances from PECS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MEHIHUH1

The code MEHIHUH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MEHIHUH1

Receiving International Wire Transfers

To receive money from abroad at your MECSEKKORNYEK HITELSZOVETKEZET account in PECS, share SWIFT code MEHIHUH1 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 MECSEKKORNYEK HITELSZOVETKEZET, PECS must provide SWIFT code MEHIHUH1. 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 MECSEKKORNYEK HITELSZOVETKEZET in PECS rely on SWIFT code MEHIHUH1 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 MECSEKKORNYEK HITELSZOVETKEZET →

For cheque clearing or NACH mandates, use the MICR code for MECSEKKORNYEK HITELSZOVETKEZET →

For TDS challan deposits, find the BSR code for MECSEKKORNYEK HITELSZOVETKEZET →

How SWIFT Code MEHIHUH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MEHIHUH1 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 MECSEKKORNYEK HITELSZOVETKEZET.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MECSEKKORNYEK HITELSZOVETKEZET receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MEHIHUH1

• Spaces or lowercase letters — Always enter MEHIHUH1 uppercase with no spaces.
• Using the wrong city — This code is for PECS 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 Hungary.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm MEHIHUH1 directly with MECSEKKORNYEK HITELSZOVETKEZET's PECS branch or via the SWIFT BIC Directory.