About SWIFT Code BNNRECE1
BNNRECE1 identifies
Banred in Quito, Ecuador,
on the international SWIFT network. The code breaks down as: bank code
BNNR, country EC,
location E1, and branch
XXX (head office).
Use this code when receiving or sending an international wire transfer to Banred. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →
Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.
Frequently Asked Questions
What bank uses SWIFT code BNNRECE1?
BNNRECE1 belongs to Banred in Quito, Ecuador.
Is BNNRECE1 valid for international transfers?
Yes - it's a valid 8-character BIC. Pair it with the recipient's account number or IBAN, and confirm with the bank before wiring money.
What's the difference between an 8 and 11 character code?
8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.