SWIFT Code MENOMXMTDER — BANCO MERCANTIL DEL NORTE, S.A., MONTERREY,N.L.
Verified SWIFT/BIC code for BANCO MERCANTIL DEL NORTE, S.A. in MONTERREY,N.L., Mexico. Use this code for international wire transfers.
MONTERREY,N.L.
BANCO MERCANTIL DEL NORTE, S.A. · Mexico
SWIFT / BIC Code
MENOMXMTDER
Code Breakdown
IFSC Code
MICR Code
BSR Code
Branch
(DERIVATIVES)
City
Country Code
MX
Connection Status
Active
- MENOMXMTFEX (FOREIGN EXCHANGE)
- MENOMXMTPYM (WIRE TRANSFER DEPT)
- MENOMXMTWLS (WHOLESALE BANKING)
About SWIFT Code MENOMXMTDER — BANCO MERCANTIL DEL NORTE, S.A., MONTERREY,N.L.
SWIFT code MENOMXMTDER is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO MERCANTIL DEL NORTE, S.A. in MONTERREY,N.L., Mexico. 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 MERCANTIL DEL NORTE, S.A. for all outward international remittances from MONTERREY,N.L.. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.
How to Read SWIFT Code MENOMXMTDER
The code MENOMXMTDER follows the ISO 9362 standard and breaks down as follows:
| Segment | Value | Length | Meaning |
|---|---|---|---|
| Bank Code | MENO | 4 letters | Identifies BANCO MERCANTIL DEL NORTE, S.A. as the institution |
| Country Code | MX | 2 letters | ISO 3166-1 alpha-2 code for Mexico |
| Location Code | MT | 2 chars | City/region identifier within Mexico |
| Branch Code | DER | 3 chars | Identifies the specific MONTERREY,N.L. branch |
When to Use SWIFT Code MENOMXMTDER
Receiving International Wire Transfers
To receive money from abroad at your BANCO MERCANTIL DEL NORTE, S.A. account in MONTERREY,N.L., share SWIFT code MENOMXMTDER 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 MERCANTIL DEL NORTE, S.A., MONTERREY,N.L. must provide SWIFT code MENOMXMTDER. 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 MERCANTIL DEL NORTE, S.A. in MONTERREY,N.L. rely on SWIFT code MENOMXMTDER for letters of credit, bank guarantees, and foreign currency settlements.
SWIFT Code vs IFSC vs MICR vs BSR — Key Differences
| Code | Format | Used For | Scope |
|---|---|---|---|
SWIFT MENOMXMTDER | 8 or 11 chars | International wire transfers, NRI remittances, trade finance | Global — 200+ countries |
| IFSC | 11 chars (alpha) | NEFT, RTGS, IMPS, UPI account linking | India domestic only |
| MICR | 9 digits | Cheque clearing (CTS), NACH mandates, SIP registration | India domestic only |
| BSR | 7 digits | TDS challan filing, Form 16, Form 26AS, TRACES | India income tax only |
Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCO MERCANTIL DEL NORTE, S.A. →
For cheque clearing or NACH mandates, use the MICR code for BANCO MERCANTIL DEL NORTE, S.A. →
For TDS challan deposits, find the BSR code for BANCO MERCANTIL DEL NORTE, S.A. →
How SWIFT Code MENOMXMTDER Routes an International Transfer
- Initiation: The sender provides SWIFT code MENOMXMTDER and account number to their bank.
- Validation: The sending bank validates the BIC against the SWIFT registry.
- Routing: An MT103 SWIFT message is transmitted through the network to BANCO MERCANTIL DEL NORTE, S.A..
- Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
- Credit: BANCO MERCANTIL DEL NORTE, S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.
Common Mistakes When Using SWIFT Code MENOMXMTDER
- Spaces or lowercase letters — Always enter
MENOMXMTDERuppercase with no spaces. - Using the wrong city — This code is for MONTERREY,N.L. 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 Mexico.
Data Accuracy
BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm MENOMXMTDER directly with BANCO MERCANTIL DEL NORTE, S.A.'s MONTERREY,N.L. branch or via the SWIFT BIC Directory.
SWIFT code data sourced from SWIFT Official Directory and verified against BANCO MERCANTIL DEL NORTE, S.A.'s published disclosures. Last reviewed Jun 2026 by BankZop Editorial Team. About our data sources →