SWIFT/BIC code IBRCESMMINV
IBRCESMMINV belongs to Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Madrid, Spain.
Code details
| SWIFT/BIC code | IBRCESMMINV |
|---|---|
| 8-character code | IBRCESMM |
| Branch code | INV |
| Bank | Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) |
| Branch | — |
| City | Madrid |
| Country | Spain |
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.
- INV 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 IBRCESMMINV?
The code IBRCESMMINV belongs to 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. Use this branch code only when the recipient or their bank explicitly asks for it.
What does each part of IBRCESMMINV mean?
IBRC is the institution 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 location code and INV identifies the department Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear).
What happens if I use IBRCESMMINV with a typo?
The payment may be delayed, returned or charged extra fees. Double-check IBRCESMMINV against the details from Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) before sending.
Can I use IBRCESMM instead of IBRCESMMINV?
IBRCESMM points to the head office of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear), while IBRCESMMINV points to Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear). For a normal transfer the head office code is usually fine, yet use IBRCESMMINV if the recipient asks for it.
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?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Do I need IBRCESMMINV to send euros to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN is usually enough. For other currencies you still need IBRCESMMINV.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.