INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A., Global Business Service Calle Velazquez 130, MADRID, Spain

SWIFT CODE :IAGLESMMGBSINTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. GLOBAL BUSINESS SERVICE MADRID, SPAIN

BIC Name / Bank name / Institution Name	INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
Bank Code / Institution Code	IAGL
Country	SPAIN
Country Code (ISO 3166)	ES
City	MADRID
City Code	MM The City Code are Institution Specific, different BIC has allotted different City Code for same city.
Office Type	Global Business Service
Branch Code	GBS
Swift Code / BIC Code	IAGLESMMGBS
Address	Calle Velazquez 130
Zip Code / Postal Code	28006
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Bank IBAN Compliant	Yes, INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A., is IBAN Compliant.
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SEPA Credit Transfer Status	Account holders of this branch can Receive Payment through SEPA Network
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What is a SWIFT Code / BIC code?

Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.

SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:

First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. the first four characters from left IAGL indicates that it is INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A..
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. characters 5 and 6 from left ES indicates that bank is in SPAIN. It means that all the banks located in SPAIN will have ES at 5th and 6th place from left in their Swift Codes / BIC Codes.
Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. characters 7 and 8 from left MM indicates that bank is in MADRID. It means that all the branches of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. located in MADRID will have MM at 7th and 8th place from left in their Swift Codes / BIC Codes.
Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. characters 9 - 11 from left GBS indicates branch code. It means that INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. Branch code: GBS is used for branches located at :Calle Velazquez 130. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.