BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS, RUA DA BAHIA 1600, BELO HORIZONTE, Brazil

SWIFT CODE :BDMGBRRBBDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS BELO HORIZONTE, BRAZIL

BIC Name / Bank name / Institution Name	BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS
Bank Code / Institution Code	BDMG
Country	BRAZIL
Country Code (ISO 3166)	BR
City	BELO HORIZONTE
City Code	RB The City Code are Institution Specific, different BIC has allotted different City Code for same city.
Office Type	Primary Office / Head Office / Main Office
Branch Code	XXX
Swift Code / BIC Code	BDMGBRRB
Swift Code / BIC Code 11 Characters	BDMGBRRBXXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code.
Address	RUA DA BAHIA 1600
Zip Code / Postal Code	30160-90
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Bank IBAN Compliant	Yes, BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS, is IBAN Compliant.
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What is a SWIFT Code / BIC code?

Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.

SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:

First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS the first four characters from left BDMG indicates that it is BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS.
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS characters 5 and 6 from left BR indicates that bank is in BRAZIL. It means that all the banks located in BRAZIL will have BR at 5th and 6th place from left in their Swift Codes / BIC Codes.
Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS characters 7 and 8 from left RB indicates that bank is in BELO HORIZONTE. It means that all the branches of BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS located in BELO HORIZONTE will have RB at 7th and 8th place from left in their Swift Codes / BIC Codes.
Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS the length of SWIFT Code is 8 Characters, means BDMG BANCO DE DESENVOLVIMENTO DE MINAS GERAIS Head Office of the Financial Institution.
Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.