CBM BANCO S.A., INSTITUCION DE BANCA, MULTIPLE, INTEGRANTE DEL GRUPO, FINANCIERO CITIBANAMEX, BIC/SWIFT Code Details
Address: MORAS 850 AVENIDA RIO MIXCOAC, MEXICO CITY 03240 MEXICO
General instructions for international payments to banks in MEXICO:
Information provided by the Beneficiary: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, CLABE, and beneficiary bank address).
Currency & Clearing Information: Mexico has high and low value electronic payment systems.
Account Restrictions: Residents can open and maintain foreign currency accounts domestically and abroad. However, only companies residing in Mexico or residents in the northern border areas (e.g., Baja California) are allowed to hold foreign exchange demand deposit accounts domestically.
Payment Formatting Rules for MXN:
IBAN: No
Standard Settlement Instructions (SSI) contain the list of correspondent banks of CBM BANCO S.A., INSTITUCION DE BANCA, MULTIPLE, INTEGRANTE DEL GRUPO, FINANCIERO CITIBANAMEX for each currency.
To track a SWIFT cross-border payment to or from CBM BANCO S.A., INSTITUCION DE BANCA, MULTIPLE, INTEGRANTE DEL GRUPO, FINANCIERO CITIBANAMEX, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.