Ecuador
BNNRECE1 — Banred
BNNRECE1 is a SWIFT/BIC code for BANRED in QUITO. Use it when an international wire needs the receiving bank's SWIFT code.
Wiring to Banred? Check the rate and the fee side by side first. Compare wire costs →
SWIFT / BIC code
BNNRECE1
BNNRECE1 breaks down as BNNR for bank, EC for ctry, E1 for city.
QUITO · Ecuador
International payments
Sending money to Banred?
A correspondent wire picks up a fee at each bank it passes through, and most of its real cost is buried in the exchange rate. Conversions are quoted at the mid-market rate, with the cost charged as a visible fee rather than buried in the rate.