SWIFT/BIC code ESSIESMMMAD
ESSIESMMMAD belongs to Haitong Bank, SA Sucursal Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESSIESMMMAD |
|---|---|
| 8-character code | ESSIESMM |
| Branch code | MAD |
| Bank | Haitong Bank, SA Sucursal Espana |
| Branch | Iberclear |
| City | Madrid |
| Country | Spain |
The way the Haitong Bank, SA Sucursal Espana SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ESSI 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
Which branch uses SWIFT code ESSIESMMMAD?
ESSIESMMMAD is the SWIFT/BIC code of Iberclear, a branch or department of Haitong Bank, SA Sucursal Espana in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.
What happens if I enter ESSIESMMMAD with a typo?
The payment may be delayed, returned or charged extra fees. Always check ESSIESMMMAD with the recipient before sending.
What do the letters in ESSIESMMMAD mean?
ESSI is the bank code of Haitong Bank, SA Sucursal Espana, ES stands for Spain, MM is the location code and MAD is the code of the branch Iberclear.
What is the cheapest way to send money to Haitong Bank, SA Sucursal Espana?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Can I use ESSIESMM instead of ESSIESMMMAD?
ESSIESMM points to the head office of Haitong Bank, SA Sucursal Espana, while ESSIESMMMAD is Iberclear. For a normal transfer the head office code is usually fine, but use ESSIESMMMAD if the recipient asks for it.
Do I need ESSIESMMMAD to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need ESSIESMMMAD.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.