SWIFT/BIC code IBRCESMMAS1

IBRCESMMAS1 belongs to Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Madrid, Spain.

IBRCESMMAS1

Code details

SWIFT/BIC codeIBRCESMMAS1
8-character codeIBRCESMM
Branch codeAS1
BankSociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear)
Branch—
CityMadrid
CountrySpain

The way the Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

IBRC 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.
AS1 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 uses SWIFT code IBRCESMMAS1?

IBRCESMMAS1 is the SWIFT/BIC code of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear), part of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.

Has Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) got more SWIFT/BIC codes?

Yes – we list 25 SWIFT/BIC codes for Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Spain. All of them are listed on the page of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear).

What is the best way to send money to Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear)?

Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.

Can I use IBRCESMM instead of IBRCESMMAS1?

IBRCESMM is the main office of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear), while IBRCESMMAS1 is Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear). Most international transfers work with the head office code, but use IBRCESMMAS1 if the recipient asks for it.

Do I need IBRCESMMAS1 for a euro transfer 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 IBRCESMMAS1.

What happens if I use IBRCESMMAS1 with a typo?

Your transfer can bounce, get stuck or cost extra. Always check IBRCESMMAS1 with the recipient before you confirm.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.