SWIFT Code AREBESMMCAN — ARESBANK, S.A., LAS PALMAS DE GRAN CANARIA

About SWIFT Code AREBESMMCAN — ARESBANK, S.A., LAS PALMAS DE GRAN CANARIA

SWIFT code AREBESMMCAN is the official 11-character branch-specific BIC (Bank Identifier Code) for ARESBANK, S.A. in LAS PALMAS DE GRAN CANARIA, 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 ARESBANK, S.A. for all outward international remittances from LAS PALMAS DE GRAN CANARIA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code AREBESMMCAN

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

When to Use SWIFT Code AREBESMMCAN

Receiving International Wire Transfers

To receive money from abroad at your ARESBANK, S.A. account in LAS PALMAS DE GRAN CANARIA, share SWIFT code AREBESMMCAN 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 ARESBANK, S.A., LAS PALMAS DE GRAN CANARIA must provide SWIFT code AREBESMMCAN. 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 ARESBANK, S.A. in LAS PALMAS DE GRAN CANARIA rely on SWIFT code AREBESMMCAN 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 ARESBANK, S.A. →

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

For TDS challan deposits, find the BSR code for ARESBANK, S.A. →

How SWIFT Code AREBESMMCAN Routes an International Transfer

1. Initiation: The sender provides SWIFT code AREBESMMCAN 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 ARESBANK, S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: ARESBANK, S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code AREBESMMCAN

• Spaces or lowercase letters — Always enter AREBESMMCAN uppercase with no spaces.
• Using the wrong city — This code is for LAS PALMAS DE GRAN CANARIA 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 AREBESMMCAN directly with ARESBANK, S.A.'s LAS PALMAS DE GRAN CANARIA branch or via the SWIFT BIC Directory.