Discover the Mercado Pago Bank Code!

Mercado Pago is a Brazilian digital bank that has grown steadily since its founding in 2002. Mainly in association with Mercado Livre, it is a solid bank that offers a variety of credit options for everyone.

If you are going to make a transfer via DOC or TED to the Mercado Pago Bank, the required bank code is 323.

This code is used to ensure your money goes to the correct account.

So, stay tuned to learn more about Mercado Pago and how to make transfers using your digital account.

• Code for national transfers (COMPE)
• Code for international transfers (Swift or Bic)
• Iban Code

TED or DOC from Banco Mercado Pago

If you want to make transfers to other banks through Mercado Pago, see the rules established by the Central Bank of Brazil:

Mercado Pago doesn't usually charge for TED/DOC transfers. This is excellent because you can use the funds in your account to make the transfer.

In addition to these options, don't forget that you have PIX, which you can use to transfer your money.

How do I make a transfer through Banco Mercado Pago?

Want to make a TED or DOC transfer with Mercado Pago Bank? Follow our step-by-step guide below and discover how easy it is to make this type of transaction:

1. Access the Mercado Pago app.
2. Click on your account icon.
3. Select the “Transfers” option.
4. Select the “For other banks” option.
5. Fill in the details of the bank account to which you want to transfer the money.
6. Enter the amount you wish to transfer.
7. Click “Confirm”.

How much does a transfer cost at Banco Mercado Pago?

Previously, when making a transfer through Mercado Pago, you had to pay a fee of R$$ 3.00 per transaction.

However, the system has changed and now you can transfer money for free through the bank's app, regardless of the account.

In addition to making transfers for free this way, it's important to know that there's also the option of PIX, which is free of charge.

Mercado Pago Bank COMPE Code

If you want to make transfers from another bank to Mercado Pago, it's important that you know the two most important codes for this purpose, which are the COMPE Code and the ISPB.

The COMPE code is made up of 3 numbers and is always requested when making a transfer, whether electronically or in person.

Some systems may also ask for the ISPB, which is another identification code for Brazilian accounts.

Check out the Mercado Livre Bank codes:

• COMPE Code: 323
• ISPB Code: 10573521

Mercado Pago Swift Bank Code or BIC

The Swift code or BIC code is a code used for international transactions. So, if you want to receive money into your account from another bank outside of Brazil, you'll need this code to do so correctly.

The code consists of 11 digits, which identifies the account, the country and other data for the correct transfer of money.

However, Mercado Pago doesn't offer international money transfers. The bank only operates in Brazil, and the only international option is its credit card.

Because of this, the Banco Mercado Pago does not have Swift code.

Banco Mercado Pago IBAN code

Like the Swift code, the IBAN code is useful for those who need to make international transactions. In this case, this code is for those who need to send money to another country.

The IBAN is a unique code for each account, obtained directly from the bank at the time of opening and through the channels provided.

But, just like Swift code, since the bank does not do international transactions, the Mercado Pago does not have an IBAN code.

Frequently Asked Questions

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