Mexico · Financial institution
BBVA Mexico, S.A. Institucion de Banca Multiple
Legal name in the LEI recordBBVA MEXICO SA INSTITUCION DE BANCA MULTIPLE GRUPO FINANCIERO BBVA MEXICO
BBVA México, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA México is a Mexican multiple banking institution headquartered on Paseo de la Reforma in Mexico City. It is a subsidiary of Grupo Financiero BBVA México, S.A. de C.V., which belongs to the Spanish group Banco Bilbao Vizcaya Argentaria, S.A. The bank serves individuals, SMEs, corporates and government entities. Its services include lending, deposits, cards, mortgages, trust services and markets. It traded as BBVA Bancomer until 2019.
Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BCMRMXMMXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BCMRMXMM directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 22 branch codes
- BIC first registered
- 1981-11-29
- Last updated
- 2024-07-08
Overview
Researched 29 Sep 2026 · Sources
Ownership
Group subsidiary
Grupo Financiero BBVA México, S.A. de C.V.
Institution type
Universal bank
Trades as BBVA México
- Standing
- The bank operated as BBVA Bancomer until 2019, when it took its current name. BIC BCMRMXMM did not change.
- Ownership
- The bank is controlled by Grupo Financiero BBVA México, S.A. de C.V., which is ultimately owned by Banco Bilbao Vizcaya Argentaria, S.A. of Spain.
- Direct parent
- Grupo Financiero BBVA México, S.A. de C.V. ↗, Mexico
- Ultimate owner
- Banco Bilbao Vizcaya Argentaria, S.A., Spain
- Head office
- Avenida Paseo de la Reforma 510, colonia Juárez, alcaldía Cuauhtémoc, 06600 Ciudad de México, Mexico
- Former name
- BBVA Bancomer, S.A., Institución de Banca Múltiple, Grupo Financiero BBVA Bancomer
Business lines
According to its first-quarter 2026 report, the bank held a 25.8% share of the Mexican loan market (CNBV data, February 2026). The CNBV classifies it as a domestic systemically important bank in Grade IV.
Online
- Websites & references
- bbva.mx ↗
investors.bbva.mx ↗ investor relations - Official social accounts
- X ↗ · Facebook ↗ · YouTube ↗
Sources · 11 pages consulted
- investors.bbva.mx/es/consejoadministracion/
- investors.bbva.mx/wp-content/uploads/2026/09/Estructura-Directiva-BBVA.pdf
- investors.bbva.mx/wp-content/uploads/2026/09/Consejeros-BBVA-M%C3%A9xico-S.A.-1SEPT26.pdf
- investors.bbva.mx/wp-content/uploads/2026/09/Consejeros-Grupo-Financiero-BBVA-M%C3%A9xico-S.A.-de-C.V.-1SEP
- investors.bbva.mx/wp-content/uploads/2026/04/Reporte-Trimestral-BBVA-M%C3%A9xico-1T26.pdf
- investors.bbva.mx/es/inf_financiera/
- bbva.mx/
- bbva.mx/empresas/productos/comercio-internacional/servicios-al-comercio-exterior/transferencias-i
- bbva.com/es/mx/bbva-mexico-anuncia-cambios-en-sus-organos-directivos/
- axisnegocios.com/articulo.phtml?id=150681
- elimparcial.com/dinero/2024/12/18/cnbv-impone-multas-a-bbva-por-mas-de-85-millones-de-pesos/
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- José Luis Elechiguerra Joven Director General (Country Manager)
- Chief financial officer
- Beatriz Muñoz Villa Director General Finanzas
- Executive
- Eduardo Osuna Osuna Consejero Propietario (Vicepresidente) per the official board list; proposed as Presidente del Consejo de Administración in July 2026 (appointment not yet confirmed on the bank's board page)
- Executive
- Jesús María Verdugo Borja Director General Regulación y Control Interno
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- Mexico
- National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, CNBV) Prudential supervisorAML supervisorSecurities
- Mexico
- Bank of Mexico (Banco de México) Central bankForeign exchange
- Mexico
- National Commission for the Protection and Defence of Financial Services Users (CONDUSEF) Conduct
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Leadership
The bank announced that José Luis Elechiguerra would succeed Eduardo Osuna as Director General, and that Osuna would be proposed as board chair.
bbva.com ↗ -
Leadership
The bank announced the retirement of board chair Jaime Serra Puche after 19 years as a director.
bbva.com ↗ -
Enforcement
The CNBV imposed six fines totalling MXN 8.78 million on the bank, including for failures on product committees and client disclosure.
elimparcial.com ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BCMRMXMMXXX
- How the BIC breaks down
- BCMRBank
- MXCountry · Mexico
- MMLocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300WIWQK5Q9MCUN92
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- Country · region
- Mexico · Latin America & Caribbean
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Grupo Financiero BBVA Bancomer, S.A. de C.V. · Mexico2549005ZR4OE30SSQ633 ↗
- Ultimate parent
- Banco Bilbao Vizcaya Argentaria Sociedad Anonima · SpainK8MS7FD7N5Z2WQ51AZ71 ↗
The Banco Bilbao Vizcaya Argentaria Sociedad Anonima group has 38 institutions in the directory, in 28 countries: 37 hold a BIC and 1 does not.
Including Banco Bilbao Vizcaya Argentaria S.A, Banco Bilbao Vizcaya Argentaria, S.A. New York, Banco Bilbao Vizcaya Argentaria, Banco Bilbao Vizcaya Argentaria S.A., Sucursal Em Portugal, Banco Bilbao Vizcaya Argentaria SA.
See the Banco Bilbao Vizcaya Argentaria Sociedad Anonima group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- GRUPO FINANCIERO BBVA MEXICO AV. PASEO DE LA REFORMA 510 COL. JUAREZ, DELEGACION CUAUHTEMOC MEXICO, DISTRITO FEDERAL 06600 MEXICO
- Operational address
- AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BCMRMXMMXXX</BICFI>
<LEI>549300WIWQK5Q9MCUN92</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BCMRMXMMXXX</BICFI>
<LEI>549300WIWQK5Q9MCUN92</LEI>
<Nm>BBVA MEXICO, S.A. INSTITUCION DE BANCA MULTIPLE</Nm>
<PstlAdr>
<TwnNm>MEXICO</TwnNm>
<Ctry>MX</Ctry>
<AdrLine>GRUPO FINANCIERO BBVA MEXICO AV. PASEO DE LA REFORMA 510 COL. JUAREZ</AdrLine>
<AdrLine>DELEGACION CUAUHTEMOC MEXICO, DISTRITO FEDERAL 06600</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Network
Branches and correspondent banking
All 22 branch BICs connect to the head office, spread across 6 functions. Largest: Clearing & payments (7), Treasury & markets (2), Operations & messaging (2). The bank publishes 7 accounts at other banks, across 3 regions. 15 other banks publish 15 accounts held with this bank.
All 22 branch BICs connect to the head office. Most were registered in 2021–2022 (4 BICs) and 2001–2004 (3). The bank publishes 7 accounts at other banks, across 3 regions. 15 other banks publish 15 accounts held with this bank.
- Own offices
- Correspondent banks: it holds accounts there
- Respondent banks: they hold accounts here
Hover over a branch, account or group to see its details
Correspondent accounts
Researched 29 Sep 2026 · Sources
7 accounts at other banks, in 7 currencies, for incoming international transfers, as the bank publishes them: bbva.mx ↗ dated 28 Sep 2026
| Currency | Correspondent | BIC | Account | Directory check |
|---|---|---|---|---|
| USD | JPMORGAN CHASE BANK, NEW YORK, N.Y. United States | CHASUS33 | — | Matches the Swift directory |
| EUR | BANCO BILBAO VIZCAYA ARGENTARIA, MADRID, ESPAÑA Spain | BBVAESMM | — | Matches the Swift directory |
| CAD | ROYAL BANK OF CANADA TORONTO, CANADA Canada | ROYCCAT2 | — | Matches the Swift directory |
| CHF | UBS GA, ZURICH, SUIZA Switzerland | UBSWCHZH80A | — | Matches the Swift directory |
| GBP | NATIONAL WESTMINSTER BANK PLC. LONDRES, INGLATERRA United Kingdom | NWBKGB2L | — | Matches the Swift directory |
| SEK | SKANDINAVISKA ENSKILDA BANKEN, ESTOCOLMO, SUECIA Sweden | ESSESESS | — | Matches the Swift directory |
| JPY | BANK OF TOKYO-MITSUBISHI LTD, TOKYO, JAPON Japan | BOTKJPJT | — | Directory name differs MUFG BANK, LTD. |
FAQ on the international transfers page listing one correspondent per currency for incoming transfers, with BICs. No account numbers are published. All 7 rows were extracted. The JPY entry uses the old name Bank of Tokyo-Mitsubishi and may be stale. The page also gives ABA 021000021 for JPMorgan Chase. It names BCMRMXMMPYM as the bank's BIC for incoming transfers. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
Respondent banks
From the correspondent lists other banks publish
15 other banks publish 15 accounts held with this bank.
| Currency | Respondent bank | Held at | Account | Purpose | Published in |
|---|---|---|---|---|---|
| MXN | Banco Bpm SPA Italy | BCMRMXMMCOR | 0095004021 | CP and FX | gruppo.bancobpm.it ↗ dated Aug 2025 |
| MXN | Bayerische Landesbank, Muenchen Germany | BCMRMXMM | 0095000139 | commercial payments | bayernlb.de ↗ dated 9 Feb 2026 |
| MXN | BNP Paribas France | BCMRMXMMCOR | 0095001988 | — | cdn.territories.bnpparibas ↗ dated 1 Jan 2023 |
| MXN | Columbia Bank United States | BCMRMXMMCOR | 0095003473 | incoming foreign-currency wires; CLABE not applicable | columbiabank.com ↗ dated 1 Sep 2025 |
| MXN | DZ Bank AG, Deutsche Zentral- Genossenschaftsbank Germany | BCMRMXMMCOR | — | Commercial payments | dzbank.com ↗ dated 10 Jul 2026 |
| MXN | E. Sun Commercial Bank Limited Taiwan | BCMRMXMM | — | general payments | esunbank.com ↗ |
| MXN | Itau Unibanco S.A Brazil | BCMRMXMMCOR | — | incoming international transfers | itau.com.br ↗ |
| MXN | Op Corporate Bank PLC Finland | BCMRMXMMCOR | — | receipt of cover for commercial payments | op.fi ↗ dated May 2024 |
| MXN | OTP Bank Plc. Hungary | BCMRMXMMCOR | 0095003457 | Global Markets – FX, MM, Derivatives, Commodities, Banknotes, Cash Collaterals | otpbank.hu ↗ dated 1 Jan 2026 |
| MXN | Raiffeisenlandesbank Oberoesterreich, Aktiengesellschaft Austria | BCMRMXMMCOR | 0095001368 | Intermediary for MXN (commercial and treasury payments) | raiffeisen.at ↗ dated 1 Apr 2026 |
| MXN | SMBC Bank International PLC United Kingdom | BCMRMXMMCOR | 0095003373 | Corporate banking: FX, money market, loans, trade finance, commercial payments | smbcgroup.com ↗ |
| MXN | U.S. Bank National Association United States | BCMRMXMMCOR | 0095002457 | FX settlement (CLABE when required: 012180001842702664) | usbank.com ↗ |
| MXN | Unicredit Bank GMBH Germany | BCMRMXMMCOR | 0095001541 | FX, money market and derivatives settlement | hypovereinsbank.de ↗ dated 6 Jan 2026 |
| MXN | Wells Fargo Bank, N.A. United States | BCMRMXMMCOR | 0095000451 (CLABE: 012180001670307891) | FX settlement | www08.wellsfargomedia.com ↗ dated May 2024 |
| MXN | Zuercher Kantonalbank Switzerland | BCMRMXMM | — | — | zkb.ch ↗ dated 12 Jan 2026 |
Each row is an account the respondent bank lists as held with this bank, as published. Only banks that publish their correspondent accounts, and that Elucidate has researched, can appear, so the list is not complete. Confirm settlement instructions with either bank before relying on them.
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| BCMRMXMMCBP | CASA DE BOLSA - PLUS | Mexico | BBVA MX AV.PASEO DE LA REFORMA 510 MEXICO CITY 06600 MEXICO CITY MEXICO | — | 2024-07-08 |
| BCMRMXMMCOL | COLLECTIONS DEPARTMENT | Mexico | TORRE POLANCO BBVA MX FLOOR 16 CALZ. GRAL MARIANO ESCOCOBEDO 303 MEXICO CITY 11520 MEXICO CITY MEXICO | — | 2024-07-08 |
| BCMRMXMMCOR | CORRESPONDENT BANKING | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMCSM | CASH MANAGEMENT | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMDIV | INTERNATIONAL TREASURY DEPARTMENT | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMDOC | LETTERS OF CREDIT DEPARTMENT | Mexico | TORRE POLANCO BBVA MX FLOOR 16 CALZ. GRAL MARIANO ESCOCOBEDO 303 MEXICO CITY 11520 MEXICO CITY MEXICO | — | 2024-07-08 |
| BCMRMXMMEXT | FINANCE INTERNATIONAL OPERATIONS | Mexico | CENTRO BANCOMER AVE. UNIVERSIDAD 1200 COL. XOCO MEXICO MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMFGN | FOREIGN EXCHANGE DEPARTMENT | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMFID | FIDUCIARY DEPARTMENT | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMGUA | LETTERS OF CREDIT AND COLLECTIONS DEPARTMENT GUADALAJARA, JAL. | Guadalajara | GUADALAJARA GUADALAJARA MEXICO | — | 2024-07-08 |
| BCMRMXMMHIP | CARTERA HIPOTECARIA | Mexico | MEXICO MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMIFI | INTERNATIONAL FINANCIAL INSTITUTIONS | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMIMD | INDENTIFICACION DE LA OPERATIVA DE INITIAL MARGIN | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMMTY | LETTERS OF CREDIT AND COLLECTIONS DEPARTMENT, MONTERREY, N.L. | Monterrey | MONTERREY MONTERREY MEXICO | — | 2024-07-08 |
| BCMRMXMMOPC | INTERNATIONAL OPERATIONS MEXICO, D.F. | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMOPE | PASIVOS MONEDA EXTRANJERA DEPT. | Mexico | MEXICO MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMPYM | PAYMENT ORDERS DEPARTMENT | Mexico | TORRE POLANCO BBVA MX CALZ. GRAL MARIANO ESCOCOBEDO 303 MEXICO CITY 11520 MEXICO CITY MEXICO | — | 2024-07-08 |
| BCMRMXMMREC | RECONCILEMENT DEPARTMENT | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMRFI | — | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMRPL | RIPPLE PAYMENTS | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMSEC | SECURITIES DEPARTMENT | Mexico | AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO | — | 2024-07-08 |
| BCMRMXMMTIN | TRANSFERENCIAS INTERBANCARIAS NACIONALES | Mexico | MEXICO MEXICO MEXICO | — | 2024-07-08 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: bbva.mx (official website).
Assess the financial crime risk behind a BIC
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