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BDMGBRRB

BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS SWIFT code details

Branch name

BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS

Branch address

RUA DA BAHIA , 1600 30160-017

Branch code

BDMGBRRB

Bank name

BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS

City

BELO HORIZONTE

BDMGBRRB
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What is a SWIFT/BIC Code?

A SWIFT code is an 8 to 11-character alphanumeric code that uniquely identifies a bank or financial institution in international transactions. It is assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a Belgium-based network established in 1973 and used by over 11,000 banks in 200+ countries. BIC (Bank Identifier Code, ISO 9362) is simply the formal name for the same code — every SWIFT code is a BIC, and every BIC used for SWIFT messaging is a SWIFT code.

BDMG

Bank code

4 letters identifying the bank

BR

Country code

2 letters (ISO 3166-1)

RB

Location code

2 characters for city/region

XXX

Branch code

3 characters (XXX = head office)

SWIFT code vs IBAN what's the difference?

View More

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

FAQs

What is the SWIFT code for BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS?expand_more
The SWIFT code for BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS is BDMGBRRB. In this code, BDMG identifies the institution, BR is the country code for Brazil, and RB is the location identifier (BELO HORIZONTE). This 8-character code refers to the head office.
How do I send money to BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS in Brazil?expand_more
To send money to BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS, provide the SWIFT code BDMGBRRB along with the recipient's account number to your sending bank. A standard SWIFT transfer to Brazil typically takes 2–4 business days and may incur $25–$50 in intermediary fees. Alternatively, Alaan SuperPay can deliver funds same-day with zero transfer fees.
Does BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS have branch-specific SWIFT codes?expand_more
No. BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS uses a single SWIFT code (BDMGBRRB) for all transactions. This bank does not have branch-level codes registered in the SWIFT network.
What currency does BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS use for incoming transfers?expand_more
BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS in Brazil receives international transfers in Brazilian Real (BRL). When you send via SWIFT, the payment is typically converted to BRL by the receiving bank. SuperPay transfers are settled directly in BRL at competitive FX rates.
Is BDMGBRRB the correct SWIFT code for BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS?expand_more
BDMGBRRB is the verified head office SWIFT code for BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS in Brazil. This code is valid for all transactions with BDMG-BANCO DE DESENVOLVIMENTO DE MINAS GERAIS. When in doubt, the 8-character head office code is generally accepted by the SWIFT network.

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