SWIFT/BIC code BMARES2MXXX
BMARES2MXXX belongs to Banca March, SA in Palma de Mallorca, Spain.
Code details
| SWIFT/BIC code | BMARES2MXXX |
|---|---|
| 8-character code | BMARES2M |
| Branch code | XXX |
| Bank | Banca March, SA |
| Branch | Head office |
| City | Palma de Mallorca |
| Country | Spain |
How the Banca March, SA SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BMAR Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- 2M 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 institution uses BIC BMARES2MXXX?
The code BMARES2MXXX belongs to the headquarters of Banca March, SA in Palma de Mallorca, Spain. Use it when a payment to Banca March, SA does not need a specific branch.
What does each part of BMARES2MXXX stand for?
BMAR is the bank code of Banca March, SA, ES stands for Spain, 2M is the code for the city or region and XXX marks the head office.
Does Banca March, SA have a single SWIFT/BIC code?
Yes, BMARES2MXXX is the only SWIFT/BIC code we have for Banca March, SA in Spain, so you do not need to pick a branch code.
Are BMARES2M and BMARES2MXXX the same SWIFT code?
Yes, they are. BMARES2M is the 8-character version of BMARES2MXXX. XXX simply means head office, so both will reach Banca March, SA in Palma de Mallorca.
What is the cheapest way to send money to Banca March, SA?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Do I need BMARES2MXXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you do need BMARES2MXXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.