PPAIESMM

PAYMATICO PAYMENT INSTITUTION S.L. SWIFT code details

Branch name

PAYMATICO PAYMENT INSTITUTION S.L.

Branch address

DON RAMON DE LA CRUZ 38 28001

Branch code

PPAIESMM

Bank name

PAYMATICO PAYMENT INSTITUTION S.L.

City

MADRID

PPAIESMM
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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.

PPAI

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 PAYMATICO PAYMENT INSTITUTION S.L.?expand_more
The SWIFT code for PAYMATICO PAYMENT INSTITUTION S.L. is PPAIESMM. In this code, PPAI 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 PAYMATICO PAYMENT INSTITUTION S.L. in Spain?expand_more
To send money to PAYMATICO PAYMENT INSTITUTION S.L., provide the SWIFT code PPAIESMM 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 PAYMATICO PAYMENT INSTITUTION S.L. have branch-specific SWIFT codes?expand_more
No. PAYMATICO PAYMENT INSTITUTION S.L. uses a single SWIFT code (PPAIESMM) for all transactions. This electronic money institution does not have branch-level codes registered in the SWIFT network.
What currency does PAYMATICO PAYMENT INSTITUTION S.L. use for incoming transfers?expand_more
PAYMATICO PAYMENT INSTITUTION S.L. 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 PPAIESMM the correct SWIFT code for PAYMATICO PAYMENT INSTITUTION S.L.?expand_more
PPAIESMM is the verified head office SWIFT code for PAYMATICO PAYMENT INSTITUTION S.L. in Spain. This code is valid for all transactions with PAYMATICO PAYMENT INSTITUTION S.L.. When in doubt, the 8-character head office code is generally accepted by the SWIFT network.

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