SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A., MADRID - SWIFT/BIC Code

SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A., MADRID - SWIFT Code Information

SWIFT Code / BIC

IPAYESMMGT1

Bank / Institution

SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A.

Address

C/MIGUEL ANGEL 23, FLOOR 2

City

MADRID

Postcode

28010

Country

Spain

Connection

Active

IPAYESMMGT1 - SWIFT Code Breakdown

SWIFT Code

IPAYESMM or IPAYESMMGT1

Bank Code

IPAY - code assigned to SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A.

Country Code

ES - code belongs to Spain

Location & Status

MM - represents location, second digit means active code

Branch Code

GT1 or not assigned, indicating this is a head office

Head Office

IPAYESMM - primary office of SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A., Spain

What is a SWIFT Code IPAYESMMGT1?

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.