SWIFT/BIC code IBRCESMMRF3
IBRCESMMRF3 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 | IBRCESMMRF3 |
|---|---|
| 8-character code | IBRCESMM |
| Branch code | RF3 |
| Bank | Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) |
| Branch | Smart: Renta Fija Bolsa Bilbao |
| City | Madrid |
| Country | Spain |
How the Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) SWIFT/BIC is built up
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.
- RF3 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 uses BIC IBRCESMMRF3?
IBRCESMMRF3 identifies Smart: Renta Fija Bolsa Bilbao, 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.
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, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need IBRCESMMRF3 for a euro transfer to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need IBRCESMMRF3.
What happens if I use IBRCESMMRF3 incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check IBRCESMMRF3 with the recipient before you confirm.
Can I use IBRCESMM instead of IBRCESMMRF3?
IBRCESMM is the head office of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear), while IBRCESMMRF3 is Smart: Renta Fija Bolsa Bilbao. For a normal transfer the head office code is usually fine, yet use IBRCESMMRF3 if the recipient asks for it.
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. Check what you receive in Euro with specialist providers before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.