SWIFT/BIC code AREBESMMMAD
AREBESMMMAD belongs to Aresbank, S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | AREBESMMMAD |
|---|---|
| 8-character code | AREBESMM |
| Branch code | MAD |
| Bank | Aresbank, S.A. |
| Branch | — |
| City | Madrid |
| Country | Spain |
The way the Aresbank, S.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AREB Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- MM Location code
- 2 characters for the city or region of the head office.
- MAD Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank is behind SWIFT/BIC code AREBESMMMAD?
The code AREBESMMMAD belongs to Aresbank, S.A., a unit of Aresbank, S.A. in Madrid, Spain. Use this branch code only when the recipient or their bank explicitly asks for it.
Do I need AREBESMMMAD to send euros to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need AREBESMMMAD.
How long does a transfer to Aresbank, S.A. take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
What do the letters in AREBESMMMAD mean?
AREB is the bank code of Aresbank, S.A., ES stands for Spain, MM is the location code and MAD is the code of the department Aresbank, S.A..
What is the best way to send money to Aresbank, S.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Can I use AREBESMM instead of AREBESMMMAD?
AREBESMM is the head office of Aresbank, S.A., while AREBESMMMAD is Aresbank, S.A.. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention AREBESMMMAD.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.