SWIFT Code STARES2M — IBEROSTAR HOTELES Y APARTAMENTOS, S.L., PALMA DE MALLORCA

About SWIFT Code STARES2M — IBEROSTAR HOTELES Y APARTAMENTOS, S.L., PALMA DE MALLORCA

SWIFT code STARES2M is the official 8-character head-office BIC (Bank Identifier Code) for IBEROSTAR HOTELES Y APARTAMENTOS, S.L. 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 IBEROSTAR HOTELES Y APARTAMENTOS, S.L. 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 STARES2M

The code STARES2M follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code STARES2M

Receiving International Wire Transfers

To receive money from abroad at your IBEROSTAR HOTELES Y APARTAMENTOS, S.L. account in PALMA DE MALLORCA, share SWIFT code STARES2M 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 IBEROSTAR HOTELES Y APARTAMENTOS, S.L., PALMA DE MALLORCA must provide SWIFT code STARES2M. 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 IBEROSTAR HOTELES Y APARTAMENTOS, S.L. in PALMA DE MALLORCA rely on SWIFT code STARES2M 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 IBEROSTAR HOTELES Y APARTAMENTOS, S.L. →

For cheque clearing or NACH mandates, use the MICR code for IBEROSTAR HOTELES Y APARTAMENTOS, S.L. →

For TDS challan deposits, find the BSR code for IBEROSTAR HOTELES Y APARTAMENTOS, S.L. →

How SWIFT Code STARES2M Routes an International Transfer

1. Initiation: The sender provides SWIFT code STARES2M 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 IBEROSTAR HOTELES Y APARTAMENTOS, S.L..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: IBEROSTAR HOTELES Y APARTAMENTOS, S.L. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code STARES2M

• Spaces or lowercase letters — Always enter STARES2M 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 STARES2M directly with IBEROSTAR HOTELES Y APARTAMENTOS, S.L.'s PALMA DE MALLORCA branch or via the SWIFT BIC Directory.