SWIFT Code CAGLESMMBAC — ABANCA CORPORACION BANCARIA, S.A., MADRID

About SWIFT Code CAGLESMMBAC — ABANCA CORPORACION BANCARIA, S.A., MADRID

SWIFT code CAGLESMMBAC is the official 11-character branch-specific BIC (Bank Identifier Code) for ABANCA CORPORACION BANCARIA, S.A. in MADRID, Spain. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by ABANCA CORPORACION BANCARIA, S.A. for all outward international remittances from MADRID. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CAGLESMMBAC

The code CAGLESMMBAC follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CAGLESMMBAC

Receiving International Wire Transfers

To receive money from abroad at your ABANCA CORPORACION BANCARIA, S.A. account in MADRID, share SWIFT code CAGLESMMBAC with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at ABANCA CORPORACION BANCARIA, S.A., MADRID must provide SWIFT code CAGLESMMBAC. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using ABANCA CORPORACION BANCARIA, S.A. in MADRID rely on SWIFT code CAGLESMMBAC for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for ABANCA CORPORACION BANCARIA, S.A. →

For cheque clearing or NACH mandates, use the MICR code for ABANCA CORPORACION BANCARIA, S.A. →

For TDS challan deposits, find the BSR code for ABANCA CORPORACION BANCARIA, S.A. →

How SWIFT Code CAGLESMMBAC Routes an International Transfer

1. Initiation: The sender provides SWIFT code CAGLESMMBAC and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to ABANCA CORPORACION BANCARIA, S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: ABANCA CORPORACION BANCARIA, S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CAGLESMMBAC

• Spaces or lowercase letters — Always enter CAGLESMMBAC uppercase with no spaces.
• Using the wrong city — This code is for MADRID only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Spain.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CAGLESMMBAC directly with ABANCA CORPORACION BANCARIA, S.A.'s MADRID branch or via the SWIFT BIC Directory.