CLABE

Mexican bank account identifier, SPEI transfers.

Definition

CLABE is 18 digits: 3 for the bank code, 3 for the plaza (locality), 11 for the account number, and 1 check digit derived by a modulo-10 weighted algorithm. It is the identifier required for SPEI interbank transfers in Mexico.

Origin

Defined by the Asociación de Bancos de México (ABM) together with Banco de México (Banxico), which publishes the bank code catalogue and operates the SPEI system.

Example in context

002 180 01234567890 4 — bank 002 (Banamex), plaza 180, 11-digit account, check digit 4.

Related terms

• ABA RTN — the US bank identifier.