In an increasingly interconnected global financial network, the correct use of SWIFT codes has become essential for international wire transfers and fund allocations. For instance, sending money to Mexico’s Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte requires the specific SWIFT code MENOMXMTXXX to ensure the transaction is processed accurately.
Banco Mercantil del Norte, commonly known as Banorte, is one of Mexico’s leading financial institutions. Whether conducting personal remittances or facilitating business transactions, verifying the correct SWIFT/BIC code is critical for seamless fund delivery and operational efficiency. These codes consist of nine characters, each carrying distinct information about the bank’s identity and location.
Key details for Banco Mercantil del Norte include:
- Bank Name: Banco Mercantil del Norte, S.A., Institución de Banca Múltiple, Grupo Financiero Banorte
- City: Mexico City
- Address: Avenida Revolución 3000, Col. Primavera, Ciudad de México, Distrito Federal, 64830
- Country: Mexico
Before initiating a transfer, it is imperative to verify the SWIFT code’s validity. Cross-checking with the recipient bank is strongly advised to prevent errors that could delay or misroute funds. Financial institutions occasionally update their codes, and relying on outdated information may disrupt transactions.
For both individual and corporate financial management, using the correct SWIFT code—such as MENOMXMTXXX for Banorte—safeguards against transfer delays or inaccuracies. Precise banking details ensure funds reach their intended destination securely and without complications.