SWIFT/BIC code IBRCESMMGOB

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

IBRCESMMGOB

Code details

SWIFT/BIC codeIBRCESMMGOB
8-character codeIBRCESMM
Branch codeGOB
BankSociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear)
BranchComunicacion Plataforma
CityMadrid
CountrySpain

How the Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) SWIFT/BIC works

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.
GOB 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 is behind SWIFT/BIC code IBRCESMMGOB?

IBRCESMMGOB is the SWIFT/BIC code of Comunicacion Plataforma, a branch or department 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 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 several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send.

Can I use IBRCESMM instead of IBRCESMMGOB?

IBRCESMM is the main office of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear), while IBRCESMMGOB is Comunicacion Plataforma. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention IBRCESMMGOB.

What does each part of IBRCESMMGOB 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 stands for Spain, MM is the code for the city or region and GOB is the code of the branch Comunicacion Plataforma.

Do I need IBRCESMMGOB for a euro transfer to Spain?

Spain is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need IBRCESMMGOB.

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

SEPA payments in euros normally arrive the next business day, instant payments within seconds. 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.