CLABE

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The CLABE (Clave Bancaria Estandarizada) is a banking standard for the numbering of bank accounts in Mexico. This standard is a requirement for the sending and receiving of domestic inter-bank fund transfers since June 1, 2004. The CLABE account code has 18 digits. [1]

"CLABE" is an acronym for CLAve Bancaria Estandarizada, Spanish for Standardized Bank Code.

The CLABE replaces the old Mexican account numbering scheme where the account number had 11 digits.

The provision for CLABE standardization was issued by the Asociación de Bancos de México (ABM) (Spanish: Mexican Bank Association) in joint efforts with Banco de México (Mexico's Central Bank) and it guarantees that the inter-bank fund transfers, payroll deposits or automatic service charges are made to the correct accounts.

Structure[edit]

The 18 digits of the CLABE follows this structure: [1]

  • 3 Digits: Bank Code
  • 3 Digits: Branch Office Code
  • 11 Digits: Account Number
  • 1 Digit : Control Digit

Bank code[edit]

In Mexico, banking institutions are identified by a three-digit number assigned by the ABM, but a bank number catalogue is not available through the web. Here is a table, provided by FedACH International, as of September 25, 2013: [2]

ABM Bank Numbers (Participants in SPEI)
ABM
Number
Institution Name Short Name Participates
As
002 Banco Nacional de México, S.A. BANAMEX R
012 BBVA Bancomer, S.A. BBVA BANCOMER R
014 Banco Santander, S.A. SANTANDER R
019 Banco Nacional del Ejército, Fuerza Aérea y Armada, S.N.C. BANJERCITO R
021 HSBC México, S.A. HSBC R
022 GE Money Bank, S.A. GE MONEY R
030 Banco del Bajío, S.A. BAJIO R
032 IXE Banco, S.A. IXE R
036 Banco Inbursa, S.A. INBURSA R
037 Banco Interacciones, S.A. INTERACCIONES R
042 Banca Mifel, S.A. MIFEL R
044 Scotiabank Inverlat, S.A. SCOTIABANK R
058 Banco Regional de Monterrey, S.A. BANREGIO R
059 Banco Invex, S.A. INVEX R
060 Bansi, S.A. BANSI R
062 Banca Afirme, S.A. AFIRME R
072 Banco Mercantil del Norte, S.A. BANORTE R
102 ABN AMRO Bank México, S.A. ABNAMRO RC
103 American Express Bank (México), S.A. AMERICAN EXPRESS R
106 Bank of America México, S.A. BAMSA RC
108 Bank of Tokyo-Mitsubishi UFJ (México), S.A. TOKYO RC
110 Banco J.P. Morgan, S.A. JP MORGAN RC
112 Banco Monex, S.A. BMONEX RC
113 Banco Ve por Mas, S.A. VE POR MAS R
116 ING Bank (México), S.A. ING RC
124 Deutsche Bank México, S.A. DEUTSCHE RC
126 Banco Credit Suisse (México), S.A. CREDIT SUISSE RC
127 Banco Azteca, S.A. AZTECA R
128 Banco Autofin México, S.A. AUTOFIN R
129 Barclays Bank México, S.A. BARCLAYS RC
130 Banco Compartamos, S.A. COMPARTAMOS R
131 Banco Ahorro Famsa, S.A. FAMSA R
132 Banco Multiva, S.A. BMULTIVA R
133 Prudencial Bank, S.A. PRUDENTIAL RC
134 Banco Wal Mart de México Adelante, S.A. WAL-MART R
136 Banco Regional, S.A. REGIONAL R
137 BanCoppel, S.A. BANCOPPEL R
138 Banco Amigo, S.A. AMIGO R
139 UBS Banco, S.A. UBS BANK R
140 Banco Fácil, S.A. FÁCIL R
143 Consultoría Internacional Banco, S.A. CONSULTORIA R
166 Banco del Ahorro Nacional y Servicios Financieros, S.N.C. BANSEFI R
168 Sociedad Hipotecaria Federal, S.N.C. HIPOTECARIA FEDERAL RC
600 Monex Casa de Bolsa, S.A. de C.V. MONEXCB RC
601 GBM Grupo Bursátil Mexicano, S.A. de C.V. GBM RC
602 Masari Casa de Cambio, S.A. de C.V. MASARI CC. RC
604 Inversora Bursátil, S.A. de C.V. C.B. INBURSA RC
605 Valué, S.A. de C.V., Casa de Bolsa VALUÉ RC
606 Base Internacional Casa de Bolsa, S.A. de C.V. CB BASE RC
607 Casa de Cambio Tiber, S.A. de C.V. TIBER RC
608 Vector Casa de Bolsa, S.A. de C.V. VECTOR RC
610 B y B Casa de Cambio, S.A. de C.V. B&B RC
611 Intercam Casa de Cambio, S.A. de C.V. INTERCAM RC
613 Multivalores Casa de Bolsa, S.A. de C.V. Multiva Gpo. Fin. MULTIVA RC
614 Acciones y Valores Banamex, S.A. de C.V., Casa de Bolsa ACCIVAL RC
615 Merrill Lynch México, S.A. de C.V., Casa de Bolsa MERRILL LYNCH RC
616 Casa de Bolsa Finamex, S.A. de C.V. FINAMEX RC
617 Valores Mexicanos Casa de Bolsa, S.A. de C.V. VALMEX RC
618 Única Casa de Cambio, S.A. de C.V. ÚNICA RC
619 MAPFRE Tepeyac S.A. ASEGURADORA MAPFRE RC
620 Profuturo G.N.P., S.A. de C.V. AFORE PROFUTURO RC
621 Actinver Casa de Bolsa, S.A. de C.V. CB ACTINBER RC
622 Actinver S.A. de C.V. ACTINVE SI RC
623 Skandia Vida S.A. de C.V. SKANDIA RC
624 Consultoria Internacional Casa de Cambio, S.A. de C.V. CONSULTORIA RC
627 Zurich Compañía de Seguros, S.A. ZURICH RC
628 Zurich Vida, Compañía de Seguros, S.A. ZURICHVI RC
629 Hipotecaria su Casita, S.A. de C.V. HIPOTECARIA SU CASITA RC
630 Intercam Casa de Bolsa, S.A. de C.V. C.B. INTERCAM RC
631 Vanguardia Casa de Bolsa, S.A. de C.V. C.B. VANGUARDIA RC
632 Bulltick Casa de Bolsa, S.A. de C.V. BULLTICK C.B. RC
633 Sterling Casa de Cambio, S.A. de C.V. STERLING RC
634 Fincomún, Servicios Financieros Comunitarios, S.A. de C.V., Sociedad Financiera Popular. FINCOMUN RC
638 Akala, S.A. de C.V., Sociedad Financiera Popular AKALA RC
640 J.P. Morgan Casa de Bolsa, S.A. de C.V. JP MORGAN C.B. RC
646 Sistema de Transferencias y Pagos STP, S.A. de C.V., SOFOM E.N.R. STP RC
901 CLS Bank International CLS RC
902 SD. INDEVAL, S.A. de C.V. INDEVAL RC

R = Participates as an (RDFI) Receiving Depository Financial Institution
RC = Does not provide banking services to individuals. Payments to these institutions are for commercial purposes only.

City code[edit]

This three-digit code refers to the city ("Plaza") where the checking account is located is interna. A bank can have several Branches in a city, therefore the number of the Branch is included in the next, eleven digit section for the checking account number.

Account number[edit]

The account number in the financial institution. Padded on the left with zeroes to a width of 11 digits.

Control digit[edit]

The control digit is calculated as the modulus 10 of 10 minus the modulus 10 of the sum of the modulus 10 of the product of the first 17 digits by its weight factor. [3][4]

The first 17 digits of the CLABE are, as mentioned above, the Bank Code, the Branch Office Code and the Account Number.

The weight factor of a given digit is:

  • 3 if its position (starting at 0) modulus 3 is 0
  • 7 if its position modulus 3 is 1
  • 1 if its position modulus 3 is 2

A 17 digit weight is always "37137137137137137".

The method is:

  • For every digit, multiply it by its weight factor and take their modulus 10 (modulus is the Remainder of the integer division. The modulus X of a baseX number is its rightmost digit).
  • Sum all of the calculated products, and take modulus 10 again.
  • Subtract the sum to 10, take modulus 10, and you have the resulting control digit.

So, as an example:

Bank Branch Account Number
17 CLABE digits 0 3 2 1 8 0 0 0 0 1 1 8 3 5 9 7 1
×
Weight factors 3 7 1 3 7 1 3 7 1 3 7 1 3 7 1 3 7
= ( % 10 )
Products, modulus 10 0 1 2 3 6 0 0 0 0 3 7 8 9 5 9 1 7
Product sum, modulus 10 1
10 - sum, modulus 10 9 (control digit)

And so, the complete CLABE is: 032180000118359719

See also[edit]

References[edit]

  1. ^ a b CLABE as per the Mexican Banks Association (Spanish)
  2. ^ [1], page 19-21
  3. ^ FedACH International Mexico Service Implementation Manual, page 18
  4. ^ CLABE check digit calculator, an XL spreadsheet used for verification purposes by the Federal Reserve Financial Services.