SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR), MADRID - SWIFT/BIC Code

SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR), MADRID - SWIFT Code Information

SWIFT Code / BIC

IBRCESMMSD1

Bank / Institution

SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR)

Address

PALACIO DE LA BOLSA, PLAZA DE LA LEALTAD 1

City

MADRID

Postcode

28014

Country

Spain

Connection

Active

IBRCESMMSD1 - SWIFT Code Breakdown

SWIFT Code

IBRCESMM or IBRCESMMSD1

Bank Code

IBRC - code assigned to SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR)

Country Code

ES - code belongs to Spain

Location & Status

MM - represents location, second digit means active code

Branch Code

SD1 or not assigned, indicating this is a head office

Head Office

IBRCESMM - primary office of SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR), Spain

What is a SWIFT Code IBRCESMMSD1?

A SWIFT Code is a standard format of Bank Identifier Code (BIC) used to specify a particular bank or branch. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use these codes for exchanging messages between them.

SWIFT codes comprise of 8 or 11 characters. All 11 digit codes refer to specific branches, while 8 digit codes (or those ending in 'XXX') refer to the head or primary office. SWIFT codes are formatted as follows:

AAAA BB CC DDD

First 4 characters - bank code (only letters)
Next 2 characters - ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)

The registrations of SWIFT Codes are handled by Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) and their headquarters is located in La Hulpe, Belgium. SWIFT is the registered trademark of S.W.I.F.T. SCRL with a registered address at Avenue Adèle 1, B-1310 La Hulpe, Belgium.