BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL, PLAZA MAGNA, MEXICO, Mexico

SWIFT CODE :MIFEMXMMBANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL MEXICO, MEXICO

BIC Name / Bank name / Institution Name	BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL
Bank Code / Institution Code	MIFE
Country	MEXICO
Country Code (ISO 3166)	MX
City	MEXICO
City Code	MM 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	MIFEMXMM
Swift Code / BIC Code 11 Characters	MIFEMXMMXXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code.
Address	PLAZA MAGNA
Zip Code / Postal Code	11560
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Financial Institution IBAN Compliant	No, BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL is not 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 BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL the first four characters from left MIFE indicates that it is BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL.
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL characters 5 and 6 from left MX indicates that bank is in MEXICO. It means that all the banks located in MEXICO will have MX 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 BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL characters 7 and 8 from left MM indicates that bank is in MEXICO. It means that all the branches of BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL located in MEXICO will have MM 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 BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL the length of SWIFT Code is 8 Characters, means BANCA MIFEL SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO MIFEL 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.