SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR), Smart: Marf Palacio De La Bolsa Plaza De La Lealtad 1, MADRID, Spain

SWIFT CODE :IBRCESMMAF1SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) SMART: MARF MADRID, SPAIN

BIC Name / Bank name / Institution Name	SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR)
Bank Code / Institution Code	IBRC
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	Smart: Marf
Branch Code	AF1
Swift Code / BIC Code	IBRCESMMAF1
Address	Palacio De La Bolsa Plaza De La Lealtad 1
Zip Code / Postal Code	28014
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, SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR), 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 SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) the first four characters from left IBRC indicates that it is SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR).
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) 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 SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) characters 7 and 8 from left MM indicates that bank is in MADRID. It means that all the branches of SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) 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 SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) characters 9 - 11 from left AF1 indicates branch code. It means that SOCIEDAD DE GESTION DE LOS SISTEMAS DE REGISTRO, COMPENSACION Y LIQUIDACION DE VALORES, S.A. (IBERCLEAR) Branch code: AF1 is used for branches located at :Palacio De La Bolsa Plaza De La Lealtad 1. 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.