SWIFT/BIC code IBEQESM1XXX
IBEQESM1XXX belongs to Iberian Equities A.v., S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | IBEQESM1XXX |
|---|---|
| 8-character code | IBEQESM1 |
| Branch code | XXX |
| Bank | Iberian Equities A.v., S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Iberian Equities A.v., S.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IBEQ 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 SWIFT/BIC code IBEQESM1XXX?
The code IBEQESM1XXX belongs to the headquarters of Iberian Equities A.v., S.A. in Madrid, Spain. Use it when a payment to Iberian Equities A.v., S.A. does not need a specific branch.
What does each part of IBEQESM1XXX mean?
IBEQ is the bank code of Iberian Equities A.v., S.A., ES is the ISO code of Spain, M1 is the location code and XXX means the head office.
How long does it take to send money to Iberian Equities A.v., S.A. in Spain?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Does Iberian Equities A.v., S.A. use only one SWIFT/BIC code?
Yes, IBEQESM1XXX is the single SWIFT/BIC code listed for Iberian Equities A.v., S.A. in Spain, so you do not need to pick a branch code.
Do I need IBEQESM1XXX 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. If you send another currency you do need IBEQESM1XXX.
Is IBEQESM1 and IBEQESM1XXX the same code?
Yes, they are. IBEQESM1 is the short version of IBEQESM1XXX. XXX simply means head office, so either version routes your payment to Iberian Equities A.v., S.A. in Madrid.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.