SWIFT Code for BANCO HIPOTECARIO DEL URUGUAY in Uruguay
BHUMUYM1XXX
The primary BIC/SWIFT code for BANCO HIPOTECARIO DEL URUGUAY in Uruguay is BHUMUYM1XXX. This code is used to identify the bank as a whole during international financial transactions.
| Bank Name | BANCO HIPOTECARIO DEL URUGUAY |
| Bank Address | FERNANDEZ CRESPO 1508, MONTEVIDEO, MONTEVIDEO, 11200 |
| City | MONTEVIDEO |
| Postcode | 11200 |
| Country | 🇺🇾 Uruguay |
| Bank Code | BHUM |
| Country Code | UY |
| Location Code | M1 |
| Branch Code | XXX |
Find out why millions worldwide trust Remitly
Guaranteed Delivery
Your satisfaction is our priority - if your transfer isn’t delivered on schedule, you’ll get a full refund of our service fees.
Flexible Transfers
Send money your way from Poland - whether it’s direct to a bank account, to a mobile wallet, or for cash collection at a local pickup point.
Advanced Protection
Rest easy knowing your transfers are protected by industry-leading security measures and encryption technology.
SWIFT Code Tools
Quickly locate any SWIFT/BIC code or verify the one you already have.
Sending Money to BANCO HIPOTECARIO DEL URUGUAY in MONTEVIDEO
Follow these three steps to ensure your international wire transfer reaches the correct account at the MONTEVIDEO branch without delays or hidden intermediary fees.
- Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For Uruguay, IBANs typically start with the prefix UY.
- Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter BHUMUYM1XXX. This unique 11-character identifier ensures the funds are routed specifically to the BANCO HIPOTECARIO DEL URUGUAY systems in MONTEVIDEO.
- Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for Uruguay transactions.
Where can I find my SWIFT/BIC code?
You can find your SWIFT/BIC code in several easy-to-locate places:
- On your bank statements, either printed or online.
- Inside your online banking portal, under account information.
- On your bank’s official website, usually in their international banking or FAQ section.
- By directly contacting your bank’s customer service.
Online resources like SWIFT Codes Finder can be really helpful.
Example of transaction information
- Beneficiary Name: [Recipient Name]
- Bank: [Bank Name]
- SWIFT/BIC Code: [SWIFT Code]
- Bank Address: [Street, City, Country]
- Account Number/IBAN: [Account Number or IBAN]
Frequently Asked Questions
Is BHUMUYM1XXX the correct code for all BANCO HIPOTECARIO DEL URUGUAY branches?
No. While many banks use a "Head Office" code ending in XXX, the code BHUMUYM1XXX is specifically assigned to the MONTEVIDEO location. Using this specific 11-character code helps the bank’s automated systems credit the recipient’s account faster than using a generic national code.
Can I use this code for a SEPA transfer to Uruguay?
Yes. If you are sending Euro-denominated funds from another SEPA-member country, you can use this BIC/SWIFT code alongside the recipient’s IBAN. However, most modern European banks only require the IBAN to route SEPA payments automatically.
How long does a transfer to BANCO HIPOTECARIO DEL URUGUAY usually take?
International transfers to BANCO HIPOTECARIO DEL URUGUAY using the SWIFT network typically take 1 to 3 business days. Factors that can cause delays include:
- Time zone differences between the sender and Uruguay.
- Local public holidays in Uruguay.
- Required "Know Your Customer" (KYC) checks for large amounts.
Are there fees for receiving money at the MONTEVIDEO branch?
Most banks in Uruguay charge an "Incoming Wire Fee" for international transfers. For BANCO HIPOTECARIO DEL URUGUAY, these fees vary based on the account type but typically range from a small flat fee to a percentage of the total. It is recommended to send funds using the "OUR" instruction if you want the recipient to receive the exact amount sent.
What happens if I use the wrong SWIFT code?
If you use a code for a different branch of BANCO HIPOTECARIO DEL URUGUAY, the money will usually still arrive but may be delayed by 24–48 hours as it is manually rerouted. If you enter a completely incorrect code, the funds will likely be returned to your account within 5–10 business days, minus any processing fees.
Do I need a BANCO HIPOTECARIO DEL URUGUAY SWIFT code for international money transfers?
Yes. If you are sending money from abroad to an account at BANCO HIPOTECARIO DEL URUGUAY, you will almost certainly need their SWIFT code (also known as a BIC).
The SWIFT code BHUMUYM1XXX acts as a digital address for the MONTEVIDEO branch. Without it, the sending bank won’t know which specific institution in Uruguay should receive the funds, which often leads to the transfer being rejected or stuck in "limbo". However, the requirements change slightly depending on where the money is coming from:
- Transfers from outside the EU/EEA (e.g., USA, Canada, India): A SWIFT code is mandatory. You must provide BHUMUYM1XXX along with the recipient’s name and IBAN.
- Transfers from within Europe (SEPA): If the sender is in a SEPA-member country, many modern banks only require the IBAN. However, providing the SWIFT code BHUMUYM1XXX is still recommended as a backup to ensure the transfer is routed instantly to the MONTEVIDEO branch.
- Domestic Transfers: If you are sending money from another bank inside Uruguay, you typically do not need a SWIFT code; a local account number or IBAN is sufficient.
Pro Tip: Always double-check the 8th and 11th characters. For BANCO HIPOTECARIO DEL URUGUAY, using the specific branch code BHUMUYM1XXX instead of the generic head office code ensures the money hits the correct local ledger in MONTEVIDEO without manual intervention.
SWIFT Codes for main Uruguay banks
Browse SWIFT Codes by Country
Looking for SWIFT codes in a specific country? Use this section to explore banks and financial institutions by region. Just select a country to view a full list of banks along with their verified SWIFT/BIC codes.