Discover the Mercantil Bank code for transfers!

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Perfil completo05/07/2025
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When making bank transfers, it is essential to provide the bank code as essential information. If making a transfer via DOC or TED to Banco Mercantil, the required bank code is 389.
With this code, you can be sure the money will arrive in the correct account, going to Banco Mercantil. Therefore, when making transfers to Banco Mercantil, use these three numbers.
For more information about transfers at Banco Mercantil, see the following article.
TED or DOC from Banco Mercantil
Banco Mercantil works as follows in relation to TED and via DOC:
TED | DOC | |
---|---|---|
Time | Until 5pm. | Until 10pm. |
Value limit | Unlimited. | Up to R$ 4,999.99 |
Transfer time | Up to 3 hours. | Up to 1 business day. |
Cost at Banco Mercantil | Internet Banking or app: R$ 23.00 | Internet Banking or app: R$ 18.00 |
Please note that TED and DOC transfers at Banco Mercantil incur fees. Even between accounts within the same bank, where a fee of R$4.00 is charged.
However, you can use PIX for free on these accounts, as an alternative to paying fees.
How do I make a TED transfer through Banco Mercantil?
Want to make a TED or DOC transfer at Banco Mercantil? Follow our step-by-step guide below and discover how easy it is to make this type of transaction:
TED
- Access Banco Mercantil's Internet Banking.
- Alternatively, open the Banco Mercantil app on your smartphone.
- Log in with your CPF and password.
- In the main menu, click “Transfers”.
- Select “TED”.
- Enter the beneficiary's details: CPF or CNPJ, Full name, Bank, Branch, Current account.
- Enter the amount to be transferred.
- Enter a description for the transfer.
- Click “Confirm”.
DOC
- Access Banco Mercantil's Internet Banking.
- Or open the app on your smartphone.
- Log in with your CPF and password.
- In the main menu, click “Transfers”.
- Select “DOC”.
- Enter the beneficiary's details: CPF or CNPJ, Full name, Bank, Branch, Current account.
- Enter the amount to be transferred.
- Enter a description for the transfer.
- Click “Confirm”.
How much does a transfer cost at Banco Mercantil?
TED, DOC, or TEF (transfers between accounts at the same bank) incur fees. The bank doesn't provide any packages or ways to reduce these costs. Check the fees below:
- TED: R$ 23.00 per operation.
- DOC: R$ 18.00 per operation.
- TEF: R$ 4.00 per operation.
Banco Mercantil COMPE Code
To ensure bank transfers are processed correctly, it's important to provide a key code: the COMPE code. Often, you may also need the ISPB code. These codes play a crucial role in ensuring that funds are sent to the correct accounts at Banco Mercantil.
By accurately utilizing these codes during transfer operations, transactions can be completed securely and efficiently, resulting in successful transfers for all parties involved.
Check the codes needed to make transfers without any problems:
- COMPE Code: 389
- ISPB Code: 17184037
Mercantile Bank Swift Code or BIC
To receive funds from a foreign account into your Banco Mercantil account, you must use the SWIFT code or BIC (Bank Identifier Code). This code consists of 8 to 11 characters and contains information about the country, bank, region, and branch.
SWIFT/BIC is widely used to facilitate transfers between international banks, making the process safe and efficient.
Using this code speeds up international transactions, ensuring that funds are sent correctly to your Banco Mercantil account. It's a secure way to ensure your money reaches its intended destination.
- Banco Mercantil Bank Swift Code: BMBRBRRBXXX
Banco Mercantil IBAN code
The IBAN code also serves for those who want to make international transfers. The difference is that you use the IBAN to send money to foreign funds.
This code is unique to each account.
See below how to get your IBAN code:
- Access Banco Mercantil's Internet Banking and click on the "Statements" option. The IBAN code will be available in the statement header.
- Contact Banco Mercantil's Customer Service Center and request the IBAN Code.
Frequently Asked Questions
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