SWIFT/BIC code IPAYESMMAS1
IPAYESMMAS1 belongs to Sociedad Espanola de Sistemas de Pago, S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | IPAYESMMAS1 |
|---|---|
| 8-character code | IPAYESMM |
| Branch code | AS1 |
| Bank | Sociedad Espanola de Sistemas de Pago, S.A. |
| Branch | Sistema Vinculado |
| City | Madrid |
| Country | Spain |
How the Sociedad Espanola de Sistemas de Pago, S.A. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IPAY 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.
- AS1 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 IPAYESMMAS1?
IPAYESMMAS1 identifies Sistema Vinculado, a unit of Sociedad Espanola de Sistemas de Pago, S.A. in Madrid, Spain. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the best way to send money to Sociedad Espanola de Sistemas de Pago, 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.
Can I use IPAYESMM instead of IPAYESMMAS1?
IPAYESMM points to the main office of Sociedad Espanola de Sistemas de Pago, S.A., while IPAYESMMAS1 points to Sistema Vinculado. Most international transfers work with the head office code, yet use IPAYESMMAS1 if the recipient asks for it.
What happens if I enter IPAYESMMAS1 with a typo?
The payment may be delayed, returned or charged extra fees. Double-check IPAYESMMAS1 against the details from Sociedad Espanola de Sistemas de Pago, S.A. before sending.
Do I need IPAYESMMAS1 for a euro transfer to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need IPAYESMMAS1.
How long does a transfer to Sociedad Espanola de Sistemas de Pago, S.A. take in Spain?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.