IPAYESMMAS1 — SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A.
IPAYESMMAS1 is the SWIFT/BIC code for SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A. in MADRID, Spain — an 11-character branch code under ISO 9362.
IPAYESMMAS1 is the SWIFT/BIC code for SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A. in MADRID, Spain. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: IPAYESMM
| Field | Value |
|---|---|
| Institution | SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A. |
| Country | Spain (ES) |
| Location Code | MM |
| Branch | SISTEMA VINCULADO |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
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Frequently asked questions
What bank does the SWIFT code IPAYESMMAS1 belong to?
The SWIFT code IPAYESMMAS1 identifies SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A. in MADRID, Spain. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code IPAYESMMAS1 mean?
The 8 or 11 characters of IPAYESMMAS1 are parsed as follows: characters 1-4 (IPAY) represent the bank code for SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A.; characters 5-6 (ES) indicate the country code for Spain; characters 7-8 (MM) specify the location code; and the final characters (AS1) designate the specific branch.
Is the BIC code IPAYESMMAS1 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) IPAYESMMAS1 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 IPAYESMM instead of IPAYESMMAS1?
Yes. The 8-character code IPAYESMM represents the primary headquarters of SOCIEDAD ESPANOLA DE SISTEMAS DE PAGO, S.A.. The 11-character code IPAYESMMAS1 targets the specific branch directly. If the branch code is unknown, sending payments to IPAYESMM (or IPAYESMMXXX) will route them to the main head office.
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).