SWIFT/BIC code IBRCESMMXXX
IBRCESMMXXX 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 | IBRCESMMXXX |
|---|---|
| 8-character code | IBRCESMM |
| Branch code | XXX |
| Bank | Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) |
| Branch | Head office |
| 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 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.
- XXX 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 is behind SWIFT/BIC code IBRCESMMXXX?
IBRCESMMXXX identifies the main office of Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Madrid, Spain. Use it when you send money to an account at Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear).
What happens if I enter IBRCESMMXXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check IBRCESMMXXX with the recipient before sending.
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?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Do I need IBRCESMMXXX to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need IBRCESMMXXX.
Is IBRCESMM and IBRCESMMXXX the same SWIFT code?
Yes. IBRCESMM is the 8-character version of IBRCESMMXXX. The XXX at the end only means head office, so either version routes your payment to Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) in Madrid.
Has Sociedad de Gestion de Los Sistemas de Registro, Compensacion y Liquidacion de Valores, S.A. (Iberclear) got other 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. You can see them all on the bank page.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.