Where is CHDRECE1 located?

The registered address on file for CHDRECE1 is 18 DE OCTUBRE Y 10 DE AGOSTO, 306 PORTOVIEJO ECUADOR.

What is the 11-character version of CHDRECE1?

The 8-character form is CHDRECE1 and the 11-character form is CHDRECE1XXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.

Is CHDRECE1 a head office or a branch code?

CHDRECE1 identifies the head office of COOPERATIVA DE AHORRO Y CREDITO 15 DE, ABRIL LTDA.

CHDRECE1

COOPERATIVA DE AHORRO Y CREDITO 15 DE, ABRIL LTDA, BIC/SWIFT Code Details

CHDRECE1 is the SWIFT/BIC code for COOPERATIVA DE AHORRO Y CREDITO 15 DE, ABRIL LTDA in Ecuador. It identifies the head office. The 8-character form is CHDRECE1 and the 11-character form is CHDRECE1XXX.

Address: 18 DE OCTUBRE Y 10 DE AGOSTO, 306 PORTOVIEJO ECUADOR

Analyze and plan cross-border transactions

Ohm reads your pacs.008, validates the beneficiary bank, checks the route and its correspondents, prepares the invoice and finds the right HS code.

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pacs.008.xml invoice.pdf

Can you analyze those documents?

Looks fine:

Beneficiary bank BIC and IBAN both check out
Payment route One correspondent, arrives next business day
Invoice Matches the amount and both parties
HS code Use 8471.30 for these goods, not ~~8473.30~~

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Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.

Frequently asked questions

What bank does CHDRECE1 belong to?: CHDRECE1 is the SWIFT/BIC code for COOPERATIVA DE AHORRO Y CREDITO 15 DE, ABRIL LTDA in Ecuador.
Where is CHDRECE1 located?: The registered address on file for CHDRECE1 is 18 DE OCTUBRE Y 10 DE AGOSTO, 306 PORTOVIEJO ECUADOR.
What is the 11-character version of CHDRECE1?: The 8-character form is CHDRECE1 and the 11-character form is CHDRECE1XXX. A BIC ending in XXX refers to the head office. Banks that accept the 8-character form treat it as identical to the XXX form.
Is CHDRECE1 a head office or a branch code?: CHDRECE1 identifies the head office of COOPERATIVA DE AHORRO Y CREDITO 15 DE, ABRIL LTDA.

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Disclaimers

We are doing our best to demystify cross-border payments, however Ohmyfin 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 safe advice.