SWIFT Code MSDEVEC1 — MERINVEST SOCIEDAD DE CORRETAJE C.A., SAN BERNARDINO

About SWIFT Code MSDEVEC1 — MERINVEST SOCIEDAD DE CORRETAJE C.A., SAN BERNARDINO

SWIFT code MSDEVEC1 is the official 8-character head-office BIC (Bank Identifier Code) for MERINVEST SOCIEDAD DE CORRETAJE C.A. in SAN BERNARDINO, 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 MERINVEST SOCIEDAD DE CORRETAJE C.A. for all outward international remittances from SAN BERNARDINO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MSDEVEC1

The code MSDEVEC1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MSDEVEC1

Receiving International Wire Transfers

To receive money from abroad at your MERINVEST SOCIEDAD DE CORRETAJE C.A. account in SAN BERNARDINO, share SWIFT code MSDEVEC1 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 MERINVEST SOCIEDAD DE CORRETAJE C.A., SAN BERNARDINO must provide SWIFT code MSDEVEC1. 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 MERINVEST SOCIEDAD DE CORRETAJE C.A. in SAN BERNARDINO rely on SWIFT code MSDEVEC1 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 MERINVEST SOCIEDAD DE CORRETAJE C.A. →

For cheque clearing or NACH mandates, use the MICR code for MERINVEST SOCIEDAD DE CORRETAJE C.A. →

For TDS challan deposits, find the BSR code for MERINVEST SOCIEDAD DE CORRETAJE C.A. →

How SWIFT Code MSDEVEC1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MSDEVEC1 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 MERINVEST SOCIEDAD DE CORRETAJE C.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MERINVEST SOCIEDAD DE CORRETAJE C.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MSDEVEC1

• Spaces or lowercase letters — Always enter MSDEVEC1 uppercase with no spaces.
• Using the wrong city — This code is for SAN BERNARDINO 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 MSDEVEC1 directly with MERINVEST SOCIEDAD DE CORRETAJE C.A.'s SAN BERNARDINO branch or via the SWIFT BIC Directory.