SWIFT Code CECAESMM051 — CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES, PALMA DE MALLORCA

About SWIFT Code CECAESMM051 — CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES, PALMA DE MALLORCA

SWIFT code CECAESMM051 is the official 11-character branch-specific BIC (Bank Identifier Code) for CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES in PALMA DE MALLORCA, 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 CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES for all outward international remittances from PALMA DE MALLORCA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CECAESMM051

The code CECAESMM051 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CECAESMM051

Receiving International Wire Transfers

To receive money from abroad at your CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES account in PALMA DE MALLORCA, share SWIFT code CECAESMM051 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 CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES, PALMA DE MALLORCA must provide SWIFT code CECAESMM051. 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 CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES in PALMA DE MALLORCA rely on SWIFT code CECAESMM051 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 CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES →

For cheque clearing or NACH mandates, use the MICR code for CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES →

For TDS challan deposits, find the BSR code for CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES →

How SWIFT Code CECAESMM051 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CECAESMM051 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 CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CECAESMM051

• Spaces or lowercase letters — Always enter CECAESMM051 uppercase with no spaces.
• Using the wrong city — This code is for PALMA DE MALLORCA 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 CECAESMM051 directly with CAJA DE AHORROS Y MONTE DE PIEDAD DE LAS BALEARES's PALMA DE MALLORCA branch or via the SWIFT BIC Directory.