SWIFT/BIC code ASOCESM1XXX
ASOCESM1XXX belongs to J.l. Contreras y Asociados, S.a., A.v.b. in Madrid, Spain.
Code details
| SWIFT/BIC code | ASOCESM1XXX |
|---|---|
| 8-character code | ASOCESM1 |
| Branch code | XXX |
| Bank | J.l. Contreras y Asociados, S.a., A.v.b. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the J.l. Contreras y Asociados, S.a., A.v.b. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ASOC Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX 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
Which bank is behind BIC ASOCESM1XXX?
ASOCESM1XXX identifies the headquarters of J.l. Contreras y Asociados, S.a., A.v.b. in Madrid, Spain. Use it when a payment to J.l. Contreras y Asociados, S.a., A.v.b. does not need a specific branch.
Do I need ASOCESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need ASOCESM1XXX.
How long does it take to send money to J.l. Contreras y Asociados, S.a., A.v.b.?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Is ASOCESM1 and ASOCESM1XXX the same code?
Yes, they are. ASOCESM1 is the short version of ASOCESM1XXX. XXX simply refers to the head office, so both routes your payment to J.l. Contreras y Asociados, S.a., A.v.b. in Madrid.
What is the cheapest way to send money to J.l. Contreras y Asociados, S.a., A.v.b.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with transfer services before you send.
What does each part of ASOCESM1XXX mean?
ASOC is the institution code of J.l. Contreras y Asociados, S.a., A.v.b., ES is the ISO code of Spain, M1 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.