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What is a CLABE Number in Mexico?
The provision for CLABE standardization was issued by the Asociación de Bancos de México (Mexican Bank Association) in a joint effort with Banco de México (Mexico's Central Bank). It guarantees that inter-bank fund transfers and automatic service charges are made to the correct accounts.
The 18 numeric digits of the CLABE :
- 3 Digits: Bank Code
- 3 Digits: Branch Office Code
- 11 Digits: Account Number
- 1 Digit : Control Digit