All SWIFT codes in Ecuador

SWIFT / BIC

SWIFT/BIC code of Cooperativa de Ahorro y Credito Sumac Llacta Ltda

OAEMECE1 · Ecuador

BIC, 8 charactersOAEMECE1XXX
BIC, 8 characters
OAEMECE1
BIC, 11 characters
OAEMECE1XXX
Country
Ecuador
Address
Calle Juan de Lavalle 18-30 Entre Gaspar de Villarroel y Chile Riobamba Ecuador

Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.

How to use OAEMECE1 for a transfer

Give the sender two things: the BIC OAEMECE1 (or OAEMECE1XXX if the form asks for 11 characters) and your account number at Cooperativa de Ahorro y Credito Sumac Llacta Ltda. In Ecuador the account number is the local one shown on the statement. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.

The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.

Questions

What is the SWIFT code of Cooperativa de Ahorro y Credito Sumac Llacta Ltda?

The SWIFT/BIC code of Cooperativa de Ahorro y Credito Sumac Llacta Ltda is OAEMECE1. In the 11-character form it is OAEMECE1XXX, where XXX stands for the head office.

Is OAEMECE1 a SWIFT code or a BIC?

Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. OAEMECE1 is the same code under either name.

Do I also need the IBAN to receive money at Cooperativa de Ahorro y Credito Sumac Llacta Ltda?

Ecuador does not use the IBAN: give the BIC together with the local account number as shown on the statement.

Can I receive international transfers with iSwiss Pay?

Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.

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