IBRCESMMSD1 — SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR)
IBRCESMMSD1 is the SWIFT/BIC code for SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) in MADRID, Spain — an 11-character branch code under ISO 9362.
IBRCESMMSD1 is the SWIFT/BIC code for SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) in MADRID, Spain. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: IBRCESMM
| Field | Value |
|---|---|
| Institution | SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) |
| Country | Spain (ES) |
| Location Code | MM |
| Branch | SMART: AIAF-SEND |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
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Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Frequently asked questions
What bank does the SWIFT code IBRCESMMSD1 belong to?
The SWIFT code IBRCESMMSD1 identifies SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) in MADRID, Spain. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code IBRCESMMSD1 mean?
The 8 or 11 characters of IBRCESMMSD1 are parsed as follows: characters 1-4 (IBRC) represent the bank code for SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR); characters 5-6 (ES) indicate the country code for Spain; characters 7-8 (MM) specify the location code; and the final characters (SD1) designate the specific branch.
Is the BIC code IBRCESMMSD1 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) IBRCESMMSD1 is registered under ISO 9362 and is active for routing interbank messages. Location characters 'MM' designate it as a primary active participant.
Can I use the head office code IBRCESMM instead of IBRCESMMSD1?
Yes. The 8-character code IBRCESMM represents the primary headquarters of SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR). The 11-character code IBRCESMMSD1 targets the specific branch directly. If the branch code is unknown, sending payments to IBRCESMM (or IBRCESMMXXX) will route them to the main head office.
What is the physical address of the bank registered to IBRCESMMSD1?
The physical address registered for IBRCESMMSD1 is: PALACIO DE LA BOLSA, PLAZA DE LA LEALTAD 1, 28014, MADRID, Spain. Verify this address matches your recipient's branch details before initiating a transaction.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).