SWIFT Code CBALES21 — COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES, PALMA DE MALLORCA

About SWIFT Code CBALES21 — COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES, PALMA DE MALLORCA

SWIFT code CBALES21 is the official 8-character head-office BIC (Bank Identifier Code) for COMUNIDAD AUTONOMA DE LAS ISLAS 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 COMUNIDAD AUTONOMA DE LAS ISLAS 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 CBALES21

The code CBALES21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CBALES21

Receiving International Wire Transfers

To receive money from abroad at your COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES account in PALMA DE MALLORCA, share SWIFT code CBALES21 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 COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES, PALMA DE MALLORCA must provide SWIFT code CBALES21. 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 COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES in PALMA DE MALLORCA rely on SWIFT code CBALES21 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 COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES →

For cheque clearing or NACH mandates, use the MICR code for COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES →

For TDS challan deposits, find the BSR code for COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES →

How SWIFT Code CBALES21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CBALES21 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 COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CBALES21

• Spaces or lowercase letters — Always enter CBALES21 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 CBALES21 directly with COMUNIDAD AUTONOMA DE LAS ISLAS BALEARES's PALMA DE MALLORCA branch or via the SWIFT BIC Directory.