---
title: "Ripple Payments — BBVA Mexico, S.A. Institucion de Banca Multiple SWIFT/BIC BCMRMXMMRPL · Mexico | Elucidate"
description: "SWIFT/BIC code BCMRMXMMRPL: Ripple Payments, a branch of BBVA Mexico, S.A. Institucion de Banca Multiple in Mexico, Mexico. Head office BCMRMXMMXXX."
url: https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-rpl
---

1.  [Directory](https://elucidate.co/directory)
2.  [Mexico](https://elucidate.co/directory/country/mx)
3.  [BBVA Mexico, S.A. Institucion de Banca Multiple](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm)
4.  RPL

Mexico · Financial institution

# Ripple Payments

Branch code of [BBVA Mexico, S.A. Institucion de Banca Multiple (BCMRMXMMXXX)](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm)

BIC **BCMRMXMMRPL** Head-office LEI **[549300WIWQK5Q9MCUN92](https://search.gleif.org/#/record/549300WIWQK5Q9MCUN92)** Licence no. **Not on a tracked register** [Head office **BCMRMXMMXXX**](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm) Connected to Swift Clearing & payments [Claim this profile](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm#claim)

## Licences and registrations

Held by the legal entity, not by a branch code

This branch code belongs to the legal entity of BBVA Mexico, S.A. Institucion de Banca Multiple. None matched by LEI in the 22 tracked registers.

Licences belong to the legal entity. Each applies in the country of the regulator that granted it.

## Swift network

Swift’s ISO 9362 BIC directory

- **BIC:** BCMRMXMMRPL
- **Head-office BIC:** [BCMRMXMMXXX](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm)
- **Connection to Swift:** Connected to Swift
- **Swift GPI · BCMRMXMM:** 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:** [One of 22 branch codes of BBVA Mexico, S.A. Institucion de Banca Multiple](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm#branches)
- **BIC first registered:** 2022-09-03
- **Last updated:** 2024-07-08

## Identifiers

Branch record

- **BIC:** BCMRMXMMRPL
- **How the BIC breaks down:** 1. BCMR Bank 2. MX Country · Mexico 3. MM Location 4. RPL Branch
- **Head-office BIC:** [BCMRMXMMXXX](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm) · BBVA Mexico, S.A. Institucion de Banca Multiple
- **Branch LEI:** No LEI mapped to this branch. Head-office LEI: [549300WIWQK5Q9MCUN92](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm)

## Profile

- **Branch description:** RIPPLE PAYMENTS
- **Function:** Clearing & payments
- **City:** Mexico
- **Country · region:** Mexico · Latin America & Caribbean
- **Institution type:** Financial institution

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.

## Ownership and group

GLEIF relationship records

- **Direct parent:** Grupo Financiero BBVA Bancomer, S.A. de C.V. · Mexico[2549005ZR4OE30SSQ633 ↗](https://search.gleif.org/#/record/2549005ZR4OE30SSQ633)
- **Ultimate parent:** [Banco Bilbao Vizcaya Argentaria Sociedad Anonima](https://elucidate.co/directory/banco-bilbao-vizcaya-argentaria-s-a-bbvaesmm) · Spain[K8MS7FD7N5Z2WQ51AZ71 ↗](https://search.gleif.org/#/record/K8MS7FD7N5Z2WQ51AZ71)

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](https://elucidate.co/directory/banco-bilbao-vizcaya-argentaria-s-a-bbvaesmm), [Banco Bilbao Vizcaya Argentaria, S.A. New York](https://elucidate.co/directory/banco-bilbao-vizcaya-argentaria-s-a-new-york-bbvaus33), [Banco Bilbao Vizcaya Argentaria](https://elucidate.co/directory/banco-bilbao-vizcaya-argentaria-bbvafrpp), [Banco Bilbao Vizcaya Argentaria S.A., Sucursal Em Portugal](https://elucidate.co/directory/banco-bilbao-vizcaya-argentaria-s-a-sucursal-em-portugal-bbvaptpl), [Banco Bilbao Vizcaya Argentaria SA](https://elucidate.co/directory/banco-bilbao-vizcaya-argentaria-sa-bbvabebb).

[See the Banco Bilbao Vizcaya Argentaria Sociedad Anonima group →](https://elucidate.co/directory/group/K8MS7FD7N5Z2WQ51AZ71)

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

## Addresses

- **Branch address:** AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO MEXICO
- **Head-office address:** GRUPO FINANCIERO BBVA MEXICO AV. PASEO DE LA REFORMA 510 COL. JUAREZ, DELEGACION CUAUHTEMOC MEXICO, DISTRITO FEDERAL 06600 MEXICO

## ISO 20022 identification

As an agent in a Swift cross-border payment message (CBPR+)

A CBPR+ message identifies this branch 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 the head office’s 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

```xml
<FinInstnId>
  <BICFI>BCMRMXMMRPL</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

```xml
<FinInstnId>
  <BICFI>BCMRMXMMRPL</BICFI>
  <LEI>549300WIWQK5Q9MCUN92</LEI>
  <Nm>BBVA MEXICO, S.A. INSTITUCION DE BANCA MULTIPLE</Nm>
  <PstlAdr>
    <TwnNm>MEXICO</TwnNm>
    <Ctry>MX</Ctry>
    <AdrLine>AV. PASEO DE LA REFORMA 510 MEXICO 06600 MEXICO</AdrLine>
  </PstlAdr>
</FinInstnId>
```

No LEI is mapped to this branch BIC. The blocks use the head office’s LEI, which identifies the same legal entity.

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.

## Where this branch sits

Linked to its head office and to the 7 branches it has most in common with. Thicker lines mean more in common.

Hover over a branch to see what it shares

## Related branches

[All 22 branches of BBVA Mexico, S.A. Institucion de Banca Multiple →](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm#branches)

| BIC | Branch | City | What it shares |
| --- | --- | --- | --- |
| [BCMRMXMMCSM](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-csm) | CASH MANAGEMENT | Mexico | Same function Registered the same day |
| [BCMRMXMMCOR](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-cor) | CORRESPONDENT BANKING | Mexico | Same function |
| [BCMRMXMMCOL](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-col) | COLLECTIONS DEPARTMENT | Mexico | Same function |
| [BCMRMXMMGUA](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-gua) | LETTERS OF CREDIT AND COLLECTIONS DEPARTMENT GUADALAJARA, JAL. | Guadalajara | Same function |
| [BCMRMXMMMTY](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-mty) | LETTERS OF CREDIT AND COLLECTIONS DEPARTMENT, MONTERREY, N.L. | Monterrey | Same function |
| [BCMRMXMMPYM](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-pym) | PAYMENT ORDERS DEPARTMENT | Mexico | Same function |
| [BCMRMXMMIFI](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm-ifi) | INTERNATIONAL FINANCIAL INSTITUTIONS | Mexico | Registered the same day |

## Related institutions

### Institution

-   [BBVA Mexico, S.A. Institucion de Banca Multiple BIC BCMRMXMM Financial institution Not on a tracked register Mexico · Not on a tracked register · LEI 549300WIWQK5Q9MCUN92](https://elucidate.co/directory/bbva-mexico-s-a-institucion-de-banca-multiple-bcmrmxmm)

The BIC8 this branch code belongs to: BCMRMXMM.

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 →](https://elucidate.co/directory/methodology)

## Assess the financial crime risk behind a BIC

A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.

[Book a demo](https://elucidate.co/demo-request)

Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.
