
In modern financial transactions, ensuring the security and efficiency of fund transfers to the intended recipient is paramount. One of the most critical steps in this process is selecting the correct SWIFT/BIC code. For ABANCA CORPORACION BANCARIA, S.A., the accurate SWIFT code is CAGLESMMBOI .
About ABANCA CORPORACION BANCARIA, S.A.
Headquartered in Madrid, Spain, ABANCA CORPORACION BANCARIA, S.A. provides a range of personal and corporate banking services. To guarantee that funds are transferred accurately to this institution, it is essential to verify key details, including the bank's name, city, address, and country. Once the correct SWIFT code is confirmed, international transactions can proceed with confidence.
Decoding the SWIFT/BIC Information
The SWIFT code CAGLESMM for ABANCA reveals the following details:
- CAGL : The unique identifier for the bank.
- ES : The country code for Spain.
- MM : The location code for Madrid.
The bank's registered address is:
PS. RECOLETOS 4, FLOOR 3, MADRID, MADRID, 28001, Spain.
Best Practices for Cross-Border Transfers
When initiating international transactions, customers are advised to double-check all banking details. Ensuring the accuracy of the SWIFT code and recipient information not only enhances the efficiency of fund transfers but also minimizes the risk of delays or failed transactions due to incorrect data.
It is also important to note that SWIFT codes undergo periodic validation and updates. Before conducting any financial operations, verify the latest SWIFT information through official channels. Using an up-to-date and valid SWIFT/BIC code ensures a smooth and secure transfer of funds to ABANCA CORPORACION BANCARIA, S.A.