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.

"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 standarization was issued by the Asociación de Bancos de México (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.

The 18 digits of the CLABE follows this structure:

3 Digits: Bank Code

3 Digits: Branch Office Code

11 Digits: Account Number

1 Digit : Verification Code