SWIFT/BIC code IFXGESM1XXX
IFXGESM1XXX belongs to Ifxbg Limited in Madrid, Spain.
Code details
| SWIFT/BIC code | IFXGESM1XXX |
|---|---|
| 8-character code | IFXGESM1 |
| Branch code | XXX |
| Bank | Ifxbg Limited |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Ifxbg Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IFXG Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 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
What bank is behind BIC IFXGESM1XXX?
IFXGESM1XXX is the SWIFT/BIC code of the headquarters of Ifxbg Limited in Madrid, Spain. It is the code to use when a payment to Ifxbg Limited does not need a specific branch.
What is the cheapest way to send money to Ifxbg Limited in Spain?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Are IFXGESM1 and IFXGESM1XXX the same SWIFT code?
Yes, they are. IFXGESM1 is the 8-character version of IFXGESM1XXX. The XXX at the end only means head office, so both will reach Ifxbg Limited in Madrid.
How long does it take to send money to Ifxbg Limited in Spain?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.
Do I need IFXGESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need IFXGESM1XXX.
Does Ifxbg Limited use only one SWIFT/BIC code?
Yes – IFXGESM1XXX is the single SWIFT/BIC code listed for Ifxbg Limited in Spain, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.