SWIFT/BIC code INALESM1XXX
INALESM1XXX belongs to Banco Industrial de Cataluna, S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | INALESM1XXX |
|---|---|
| 8-character code | INALESM1 |
| Branch code | XXX |
| Bank | Banco Industrial de Cataluna, S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Banco Industrial de Cataluna, S.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- INAL 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
Which institution is behind BIC INALESM1XXX?
The code INALESM1XXX belongs to the head office of Banco Industrial de Cataluna, S.A. in Madrid, Spain. Use it when a payment to Banco Industrial de Cataluna, S.A. does not need a specific branch.
What is the best way to send money to Banco Industrial de Cataluna, S.A. in Spain?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send – the difference can be large.
Does Banco Industrial de Cataluna, S.A. have a single SWIFT/BIC code?
Yes, INALESM1XXX is the only SWIFT/BIC code we have for Banco Industrial de Cataluna, S.A. in Spain, so there is no branch code to choose.
What does each part of INALESM1XXX mean?
INAL is the bank code of Banco Industrial de Cataluna, S.A., ES is the ISO code of Spain, M1 is the location code and XXX marks the main office.
How long does it take to send money to Banco Industrial de Cataluna, S.A. 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.
Do I need INALESM1XXX 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 INALESM1XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.