SWIFT Code IMDCVEC1 — INTERACCIONES MERCADO DE CAPITALES S.A., CARACAS

About SWIFT Code IMDCVEC1 — INTERACCIONES MERCADO DE CAPITALES S.A., CARACAS

SWIFT code IMDCVEC1 is the official 8-character head-office BIC (Bank Identifier Code) for INTERACCIONES MERCADO DE CAPITALES S.A. in CARACAS, Venezuela. 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 INTERACCIONES MERCADO DE CAPITALES S.A. for all outward international remittances from CARACAS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IMDCVEC1

The code IMDCVEC1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IMDCVEC1

Receiving International Wire Transfers

To receive money from abroad at your INTERACCIONES MERCADO DE CAPITALES S.A. account in CARACAS, share SWIFT code IMDCVEC1 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 INTERACCIONES MERCADO DE CAPITALES S.A., CARACAS must provide SWIFT code IMDCVEC1. 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 INTERACCIONES MERCADO DE CAPITALES S.A. in CARACAS rely on SWIFT code IMDCVEC1 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 INTERACCIONES MERCADO DE CAPITALES S.A. →

For cheque clearing or NACH mandates, use the MICR code for INTERACCIONES MERCADO DE CAPITALES S.A. →

For TDS challan deposits, find the BSR code for INTERACCIONES MERCADO DE CAPITALES S.A. →

How SWIFT Code IMDCVEC1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code IMDCVEC1 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 INTERACCIONES MERCADO DE CAPITALES S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: INTERACCIONES MERCADO DE CAPITALES S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IMDCVEC1

• Spaces or lowercase letters — Always enter IMDCVEC1 uppercase with no spaces.
• Using the wrong city — This code is for CARACAS 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 Venezuela.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm IMDCVEC1 directly with INTERACCIONES MERCADO DE CAPITALES S.A.'s CARACAS branch or via the SWIFT BIC Directory.