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ICROESMM

INSTITUTO DE CREDITO OFICIAL SWIFT code details

Branch name

INSTITUTO DE CREDITO OFICIAL

Branch address

PASEO DEL PRADO 28014

Branch code

ICROESMM

Bank name

INSTITUTO DE CREDITO OFICIAL

City

MADRID

ICROESMM
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Recipient receives exactly

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You send approximately

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What is a SWIFT/BIC Code?

A SWIFT code is an 8 to 11-character alphanumeric code that uniquely identifies a bank or financial institution in international transactions. It is assigned by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a Belgium-based network established in 1973 and used by over 11,000 banks in 200+ countries. BIC (Bank Identifier Code, ISO 9362) is simply the formal name for the same code — every SWIFT code is a BIC, and every BIC used for SWIFT messaging is a SWIFT code.

ICRO

Bank code

4 letters identifying the bank

ES

Country code

2 letters (ISO 3166-1)

MM

Location code

2 characters for city/region

XXX

Branch code

3 characters (XXX = head office)

SWIFT code vs IBAN what's the difference?

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ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

ALEXANDER FUNDS

EABORUAEXXX → Emirates NBD, Dubai

FAQs

What is the SWIFT code for INSTITUTO DE CREDITO OFICIAL?expand_more
The SWIFT code for INSTITUTO DE CREDITO OFICIAL is ICROESMM. In this code, ICRO identifies the institution, ES is the country code for Spain, and MM is the location identifier (MADRID). This 8-character code refers to the head office.
How do I send money to INSTITUTO DE CREDITO OFICIAL in Spain?expand_more
To send money to INSTITUTO DE CREDITO OFICIAL, provide the SWIFT code ICROESMM along with the recipient's account number to your sending bank. A standard SWIFT transfer to Spain typically takes 1–3 business days and may incur $15–$40 in intermediary fees. Alternatively, Alaan SuperPay can deliver funds same-day with zero transfer fees.
Does INSTITUTO DE CREDITO OFICIAL have branch-specific SWIFT codes?expand_more
No. INSTITUTO DE CREDITO OFICIAL uses a single SWIFT code (ICROESMM) for all transactions. This bank does not have branch-level codes registered in the SWIFT network.
What currency does INSTITUTO DE CREDITO OFICIAL use for incoming transfers?expand_more
INSTITUTO DE CREDITO OFICIAL in Spain receives international transfers in Euro (EUR). When you send via SWIFT, the payment is typically converted to EUR by the receiving bank. SuperPay transfers are settled directly in EUR at competitive FX rates.
Is ICROESMM the correct SWIFT code for INSTITUTO DE CREDITO OFICIAL?expand_more
ICROESMM is the verified head office SWIFT code for INSTITUTO DE CREDITO OFICIAL in Spain. This code is valid for all transactions with INSTITUTO DE CREDITO OFICIAL. When in doubt, the 8-character head office code is generally accepted by the SWIFT network.

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