• bunq's BIC code doesn't work

Hi.
I need to put some money in my bunq account. I have money in my mexican account. For making a transfer I need the Swift/Bic codes. I am putting BUNQNL2A and BUNQNL2AXXX and my bank says they don't recognize them. My bank (mexican) is BBVA Bancomer. Did the code change? If not, what could be the issue?

    @Carlos-Azure-Hummingbird#59721 Hi Carlos,
    I'm not 100 percent sure, but have you already tried the swift/bic code WITHOUT the xxx? So just BUNQNL2A? That might work!

      Actually, I even tried BUNQNL2AHDO

        @Carlos-Azure-Hummingbird#59729

        Both BIC's you stated are correct. BUNQNL2A and BUNQNL2AXXX. I would advise contacting the Mexican bank. Is it maybe possible you're trying to initiate a transfer within Mexico instead of a transfer abroad? Also, make sure you initiate the payment in Euro's, bunq can only processes incoming payments in Euro. Though that shouldn't be the reason why the BIC isn't accepted.

          I was in the International Transfer Tab. I will contact my bank

            But maybe, can you see if you have previous Transfer with this bank

              You could also try transferring the money via TransferWise which probably also gives you a better rate

                Hi 👋@Carlos-Azure-Hummingbird#59734

                As much as I'd like to do that, I wouldn't be able to do that for you as I don't work for bunq. I'm just here to keep an eye out on the amazing community. 🙂

                If you have taken all precautions from the Mexican banks side you can always give a shout to the bunq support team. You can find support under profile and then 'private matters' (asuntos personales).

                Also, as @AnDue#59742 mentions. Using TransferWise as the in-between party could save you some serious money on fee's and usually also processing time.

                  Tim changed the title to bunq's BIC code doesn't work.

                    The thing is TransferWise doesn't do operation on mexican pesos

                      @Carlos-Azure-Hummingbird#59787

                      Alright sorry, wasn't aware of that. 👍

                        14 days later

                        I am in the same situation with Santander Mexico, did you figure it out?

                          As far as I know, bunq does not accept foreign currencies. So it must be a Euro Transfer.

                          Alternative is TransferWise.

                            @jho#63396 That is correct! 👍🏼

                              @jho#63396 But mexican pesos are not supported by transferwise. You have to exchange to usd or euro first.

                                Well there is an option , you can use localbitcoins and buy btc with Mexican banks and withdraw by ideal or sepa transfer. But aware it’s not a good rate at all.

                                  The Mexican Bank Account is able to transfer euros, it convert the pesos automatically. However , it declines the swift/sic a correct. (i double checked it)