SWIFT Code LGDRMXM1 — LG DISPLAY REYNOSA SA DE CV, REYNOSA

About SWIFT Code LGDRMXM1 — LG DISPLAY REYNOSA SA DE CV, REYNOSA

SWIFT code LGDRMXM1 is the official 8-character head-office BIC (Bank Identifier Code) for LG DISPLAY REYNOSA SA DE CV in REYNOSA, 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 LG DISPLAY REYNOSA SA DE CV for all outward international remittances from REYNOSA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code LGDRMXM1

The code LGDRMXM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code LGDRMXM1

Receiving International Wire Transfers

To receive money from abroad at your LG DISPLAY REYNOSA SA DE CV account in REYNOSA, share SWIFT code LGDRMXM1 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 LG DISPLAY REYNOSA SA DE CV, REYNOSA must provide SWIFT code LGDRMXM1. 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 LG DISPLAY REYNOSA SA DE CV in REYNOSA rely on SWIFT code LGDRMXM1 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 LG DISPLAY REYNOSA SA DE CV →

For cheque clearing or NACH mandates, use the MICR code for LG DISPLAY REYNOSA SA DE CV →

For TDS challan deposits, find the BSR code for LG DISPLAY REYNOSA SA DE CV →

How SWIFT Code LGDRMXM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code LGDRMXM1 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 LG DISPLAY REYNOSA SA DE CV.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: LG DISPLAY REYNOSA SA DE CV receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code LGDRMXM1

• Spaces or lowercase letters — Always enter LGDRMXM1 uppercase with no spaces.
• Using the wrong city — This code is for REYNOSA 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 LGDRMXM1 directly with LG DISPLAY REYNOSA SA DE CV's REYNOSA branch or via the SWIFT BIC Directory.