In international financial transactions, the correct use of SWIFT (Society for Worldwide Interbank Financial Telecommunication) codes is critical. This is especially true when sending funds to South American countries such as Uruguay, where the accuracy of the SWIFT code directly impacts the security and efficiency of the transfer. One such code, CBCUUYMFXXX , plays a pivotal role in cross-border transactions involving the Central Bank of Uruguay (Banco Central del Uruguay).
Providing precise remittance details is essential for seamless international transfers. When initiating a transaction to the Central Bank of Uruguay, the following key information must be verified:
- Bank Name: Central Bank of Uruguay (Banco Central del Uruguay)
- SWIFT/BIC Code: CBCUUYMFXXX
- City: Montevideo
- Address: FABINI 777, MONTEVIDEO, MONTEVIDEO, 11100
- Country: Uruguay
Using the correct SWIFT code ensures that funds are routed accurately to the intended recipient. If a specific branch code is required, it is crucial to confirm that it matches the beneficiary’s branch to avoid delays or misdirected payments. Additionally, since banking details may be updated periodically, verifying the information before initiating a transaction is advisable to prevent transfer failures.
In today’s financial landscape, the security and efficiency of international transfers are paramount. Proper use of SWIFT codes facilitates swift and secure fund movements, whether for investments, trade payments, or other cross-border transactions. Ensuring the accuracy of transactional details is the foundation of a successful transfer process.
By adhering to these guidelines, senders can confidently route funds to the Central Bank of Uruguay using the SWIFT code CBCUUYMFXXX , laying the groundwork for smooth financial operations.