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SWIFT/BIC code IBRCESMMGAR

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

IBRCESMMGAR

Code details

SWIFT/BIC codeIBRCESMMGAR
8-character codeIBRCESMM
Branch codeGAR
BankSociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear)
BranchIberclear - Multilateral Guaranty Account
CityMadrid
CountrySpain

How 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.
GAR 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 uses SWIFT code IBRCESMMGAR?

IBRCESMMGAR identifies Iberclear - Multilateral Guaranty Account, part of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Madrid, Spain. Use this branch code only when the account is held at this specific branch.

What do the letters in IBRCESMMGAR stand for?

IBRC is the bank code of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear), ES is the ISO code of Spain, MM is the code for the city or region and GAR identifies the department Iberclear - Multilateral Guaranty Account.

What happens if I use IBRCESMMGAR with a typo?

The payment may be delayed, returned or charged extra fees. Always check IBRCESMMGAR with the recipient before sending.

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)?

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send.

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

Yes, our database contains 25 SWIFT/BIC codes for Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Spain, for the head office and several branches or departments. You can see them all on the bank page.

How long does a transfer to Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) take in Spain?

Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.

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