Code of Banco BMG: Check the code for transfers and more [COMPE, Iban, Swift]

When making a transfer via TED or DOC, you must provide the bank code as one of the required information. This three-digit code plays a crucial role in completing the transfer.

In the case of transfers to Banco BMG accounts, the bank code is 318Once you know this code, you can use it when making your transactions via TED or DOC.

Follow our article and learn all the details about Banco BMG's code 318 and how it works.

• Code for transfers [COMPE]
• Swift or Bic code?
• Iban Code

TED and DOC: what are BMG's rules?

Check out how TED and DOC transfers work through Banco BMG, according to the bank's own information:

Note that you can use unlimited bank transactions in the digital account. In addition to TED and DOC, you also have the option of using PIX, which is also unlimited and free for transactions.

How do I make a TED or DOC transfer at Banco BMG?

The process for making a TED and DOC transfer through BMG is the same. The simplest way to do so is through Internet Banking.

See below the step-by-step guide to making your transfers:

• Access the BMG app with your account.
• From the home screen, choose “Transfers”.
• Choose “Make Transfers”.
• Enter the details of the account to receive the money, such as account, branch, amount, and choose the type of transfer you want: DOC or TED.
• Check all transfer data.
• Finalize the process.

To make transfers via PIX, you follow the same process. The difference is that on the home page, you'll select "PIX" and then enter the PIX key for the account that will receive the money.

How much does a transfer cost at Banco BMG?

According to BMG bank, all transfers made through the app, through the digital account, are free.

Plus, there are no monthly transfer limits, meaning you can make as many transfers as you want without having to pay anything.

This advantage is interesting, especially for those who need to make many monthly transfers and don't want to pay for it.

BMG Bank COMPE Code

The COMPE code is used when making account transfers to Banco BMG. When performing this operation, you must use code 318.

Additionally, you may need the ISPB, a unique eight-digit code assigned to each bank.

The following are the relevant codes:

• BMG Bank COMPE Code: 318.
• BMG Bank ISPB Code: 61186680.

BMG Bank Swift Code

When making international transactions, specific codes are required. It's crucial to know these codes so you can use them when necessary in your transactions.

In case you receive funds into your account from another country, the code you will need is Swif codet, also known as BIC code. This code represents the bank, region, branch, and account to which the money will be sent.

To receive funds from foreign accounts, Banco BMG's Swift code is as follows:

• BMG Bank Swift/BIC Code: BMBCBRSPXXX.

BMG Bank Iban Code

If you wish to make international transfers through your account at Banco BMG, you will need to obtain the IBAN codeThis code is unique to each account and is essential for making transactions outside the country.

To get your Banco BMG IBAN code, you need to contact the bank, either through the in-app chat or at a physical branch. Tell the manager that you need the IBAN code, and they will provide the necessary information.

It is important to note that the IBAN code is unique to your account and each customer has a unique code.

Frequently asked questions

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