SWIFT Code EXCHESMM — MACCORP EXACT CHANGE, E.P., S.A., MADRID
Verified SWIFT/BIC code for MACCORP EXACT CHANGE, E.P., S.A. in MADRID, Spain. Use this code for international wire transfers.
MADRID
MACCORP EXACT CHANGE, E.P., S.A. · Spain
SWIFT / BIC Code
EXCHESMM
Code Breakdown
IFSC Code
MICR Code
BSR Code
Branch
MADRID
City
Country Code
ES
Connection Status
Active
About SWIFT Code EXCHESMM — MACCORP EXACT CHANGE, E.P., S.A., MADRID
SWIFT code EXCHESMM is the official 8-character head-office BIC (Bank Identifier Code) for MACCORP EXACT CHANGE, E.P., 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 MACCORP EXACT CHANGE, E.P., 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 EXCHESMM
The code EXCHESMM follows the ISO 9362 standard and breaks down as follows:
| Segment | Value | Length | Meaning |
|---|---|---|---|
| Bank Code | EXCH | 4 letters | Identifies MACCORP EXACT CHANGE, E.P., S.A. as the institution |
| Country Code | ES | 2 letters | ISO 3166-1 alpha-2 code for Spain |
| Location Code | MM | 2 chars | City/region identifier within Spain |
When to Use SWIFT Code EXCHESMM
Receiving International Wire Transfers
To receive money from abroad at your MACCORP EXACT CHANGE, E.P., S.A. account in MADRID, share SWIFT code EXCHESMM 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 MACCORP EXACT CHANGE, E.P., S.A., MADRID must provide SWIFT code EXCHESMM. 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 MACCORP EXACT CHANGE, E.P., S.A. in MADRID rely on SWIFT code EXCHESMM for letters of credit, bank guarantees, and foreign currency settlements.
SWIFT Code vs IFSC vs MICR vs BSR — Key Differences
| Code | Format | Used For | Scope |
|---|---|---|---|
SWIFT EXCHESMM | 8 or 11 chars | International wire transfers, NRI remittances, trade finance | Global — 200+ countries |
| IFSC | 11 chars (alpha) | NEFT, RTGS, IMPS, UPI account linking | India domestic only |
| MICR | 9 digits | Cheque clearing (CTS), NACH mandates, SIP registration | India domestic only |
| BSR | 7 digits | TDS challan filing, Form 16, Form 26AS, TRACES | India income tax only |
Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for MACCORP EXACT CHANGE, E.P., S.A. →
For cheque clearing or NACH mandates, use the MICR code for MACCORP EXACT CHANGE, E.P., S.A. →
For TDS challan deposits, find the BSR code for MACCORP EXACT CHANGE, E.P., S.A. →
How SWIFT Code EXCHESMM Routes an International Transfer
- Initiation: The sender provides SWIFT code EXCHESMM and account number to their bank.
- Validation: The sending bank validates the BIC against the SWIFT registry.
- Routing: An MT103 SWIFT message is transmitted through the network to MACCORP EXACT CHANGE, E.P., S.A..
- Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
- Credit: MACCORP EXACT CHANGE, E.P., S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.
Common Mistakes When Using SWIFT Code EXCHESMM
- Spaces or lowercase letters — Always enter
EXCHESMMuppercase 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 EXCHESMM directly with MACCORP EXACT CHANGE, E.P., S.A.'s MADRID branch or via the SWIFT BIC Directory.
SWIFT code data sourced from SWIFT Official Directory and verified against MACCORP EXACT CHANGE, E.P., S.A.'s published disclosures. Last reviewed Jun 2026 by BankZop Editorial Team. About our data sources →
