ABANCA Explains SWIFT BIC Codes for Secure Transfers

Understanding the SWIFT/BIC code CAGLESMM of ABANCA CORPORACION BANCARIA, S.A. is crucial for ensuring the safety and efficiency of international remittances. For instance, a $10,000 remittance can convert to €8,492, and using the correct SWIFT code helps avoid delays and errors in funds.
ABANCA Explains SWIFT BIC Codes for Secure Transfers

When sending money abroad, ensuring the safe and timely arrival of funds requires attention to detail—particularly the correct use of SWIFT/BIC codes. For customers of ABANCA CORPORACION BANCARIA, S.A. , the code CAGLESMM is essential for seamless international transactions.

Headquartered in Spain, ABANCA CORPORACION BANCARIA, S.A. operates with its primary SWIFT/BIC code corresponding to its location in LA CORUNA . The bank’s address, Rúa Nueva 30-1, Planta 74, A Coruña, 15003 , is linked to this identifier, which facilitates efficient cross-border payments by directing transfers to the correct financial institution.

For example, a transfer of $10,000 to France through ABANCA would yield approximately 8,492 euros for the recipient. Accuracy in providing the SWIFT/BIC code is critical, as errors or outdated information may result in delays or misdirected funds. Regular verification of these codes is recommended to mitigate risks.

Whether conducting frequent business transactions or occasional personal transfers, familiarity with SWIFT/BIC codes safeguards financial security and ensures smooth transactions. Always confirm the recipient’s banking details, including the correct SWIFT/BIC code, before initiating any international payment.