SWIFT Code MONXMXM1TFI — BANCO MONEX, S.A., MEXICO

About SWIFT Code MONXMXM1TFI — BANCO MONEX, S.A., MEXICO

SWIFT code MONXMXM1TFI is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO MONEX, S.A. in MEXICO, 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 MONEX, S.A. for all outward international remittances from MEXICO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MONXMXM1TFI

The code MONXMXM1TFI follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MONXMXM1TFI

Receiving International Wire Transfers

To receive money from abroad at your BANCO MONEX, S.A. account in MEXICO, share SWIFT code MONXMXM1TFI 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 MONEX, S.A., MEXICO must provide SWIFT code MONXMXM1TFI. 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 MONEX, S.A. in MEXICO rely on SWIFT code MONXMXM1TFI 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 BANCO MONEX, S.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCO MONEX, S.A. →

For TDS challan deposits, find the BSR code for BANCO MONEX, S.A. →

How SWIFT Code MONXMXM1TFI Routes an International Transfer

1. Initiation: The sender provides SWIFT code MONXMXM1TFI 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 BANCO MONEX, S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO MONEX, S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MONXMXM1TFI

• Spaces or lowercase letters — Always enter MONXMXM1TFI uppercase with no spaces.
• Using the wrong city — This code is for MEXICO 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 MONXMXM1TFI directly with BANCO MONEX, S.A.'s MEXICO branch or via the SWIFT BIC Directory.