Axa Seguros Generales, SA de Seguros y Reseguros SWIFT/BIC code

AXIPESBB – the SWIFT/BIC code of Axa Seguros Generales, SA de Seguros y Reseguros

The 8-character code AXIPESBB and the 11-character code AXIPESBBXXX refer to one and the same institution: Axa Seguros Generales, SA de Seguros y Reseguros. A SWIFT code shows the banks handling a payment which institution is meant to get the money. You will need it mostly for payments that cross a border and payments in foreign currencies.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you confirm a payment. The BIC names an institution, never a single account; the IBAN or account number does that.

Changed bank details? Be careful

Scammers regularly use fake invoices containing changed bank details sent from what looks like a familiar address. The fact that AXIPESBB exists does not mean that a request mentioning it is legitimate.

Check new payment details through a separate channel, such as a phone number you already know, never via the email that asked for the change. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. When money has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Recipients are targeted too: a classic trick is a buyer who pays too much and then sends a request to send back the difference to another account. Do not act before the money has really arrived – ask Axa Seguros Generales, SA de Seguros y Reseguros if something looks wrong.

What the XXX in AXIPESBBXXX means

A BIC is made up of fixed blocks: the first four letters stand for the bank, the next two give the country and the two after that indicate the location. The result is AXIPESBB, the short form of the code.

The 11-character version has three more characters for a branch or department. If the last three are XXX, the code points to the head office, which is why AXIPESBBXXX and AXIPESBB lead to the same place.

Enter the code in one piece, in upper case and without spaces, exactly as shown here. Copying the code beats typing it by hand, because one wrong letter changes the bank.

Incoming international payments to Axa Seguros Generales, SA de Seguros y Reseguros

Someone abroad who wants to pay you will ask for a few details about your account – incomplete details often cause delays. What they need is: the account holder’s name, account number or IBAN, AXIPESBBXXX and often your home address.

The sender’s bank might request the bank address of Axa Seguros Generales, SA de Seguros y Reseguros. A typo in the IBAN is more trouble than you might think.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate applies. Make clear with the sender who pays which costs, especially for larger amounts.

Before you send: check the Axa Seguros Generales, SA de Seguros y Reseguros code

Ask the recipient to send you the bank details straight from a recent statement. Compare it with AXIPESBB on this page; if they differ, ask before you pay.

If the code is wrong, the payment may be delayed, be returned or end up costing more, and tracing it can take weeks. Do not forget the account number: a mistake there can be harder to undo than a wrong BIC.

A format check in your banking app merely tells you that the code is valid, not that it is the right account. If your bank offers it, a name check on the recipient adds extra certainty. Sending a small amount first is worth it for large sums despite the extra fee.

The Euro and what conversion costs you

Most accounts at Axa Seguros Generales, SA de Seguros y Reseguros are usually held in EUR, the national currency. Money sent in a different currency is exchanged into EUR on its way to Axa Seguros Generales, SA de Seguros y Reseguros. Every conversion eats into the amount.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. In many cases it is cheaper to send EUR directly via a transfer service with a good rate rather than letting the receiving bank convert.

The EUR rate changes throughout the day and quotes are often valid only for a short time. For recurring payments, small differences in the rate add up over a year.

SEPA payments and the Axa Seguros Generales, SA de Seguros y Reseguros BIC

Because Spain is in SEPA, a euro transfer to Axa Seguros Generales, SA de Seguros y Reseguros from within the SEPA area usually requires just an IBAN. Most banking apps no longer ask for the BIC for these payments.

You will still need AXIPESBBXXX for non-euro payments or transfers from countries outside SEPA. A few forms still ask for the BIC; in that case, enter AXIPESBB.

SEPA transfers usually arrive within one business day. As long as no currency is converted, a SEPA transfer is inexpensive; it is the conversion that costs money.

International transfers from Axa Seguros Generales, SA de Seguros y Reseguros: the real cost

The price of a payment abroad has more than one component. There is the fee for the transfer itself, sometimes charges from correspondent banks in between and, above all, the exchange rate markup.

Many banks rarely show the margin on the rate as a cost. An easy check: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For many routes, a transfer service turns out to be cheaper than a bank. GoldexPay lists these services side by side, showing the amount the recipient gets. You can still keep your account at Axa Seguros Generales, SA de Seguros y Reseguros as the source of the money.

When will the money arrive at Axa Seguros Generales, SA de Seguros y Reseguros?

An international transfer typically takes anywhere from one to several business days. Weekends and public holidays in either country can add extra days, since banks do not process on those days. Extra checks by one of the banks can also add some delay, regardless of the details.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique transaction reference, the UETR. Specialist transfer services usually provide a status in their app showing where the payment is.

If a payment has not arrived within the expected time, the person who paid needs to start with the bank that sent it, not the receiving bank. Ask the sender for a copy of the payment confirmation with the date and reference.

Where our SWIFT data comes from

The details on this page are taken from publicly available data that we update regularly. Still, banks merge or retire codes, so information can be out of date. Figures such as the number of codes come from our own dataset.

Treat the information on this page as a helpful check. GoldexPay is independent of Axa Seguros Generales, SA de Seguros y Reseguros. If you notice something that is out of date, we appreciate a message.

Choosing between the 2 SWIFT codes of Axa Seguros Generales, SA de Seguros y Reseguros

Axa Seguros Generales, SA de Seguros y Reseguros has 2 different SWIFT/BIC codes. Only one is the head office code; the rest belong to branches or departments, and sometimes internal departments.

For most incoming transfers, the head office code AXIPESBBXXX is what you need. Branch codes are only needed when the account holder explicitly asks for it, which is more common for business accounts and specialised services.

Not sure which code applies? Check with the recipient or the bank itself. Branch codes can change over time.