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SWIFT Code for INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. in Spain

IAGLESMMXXX

The primary BIC/SWIFT code for INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. in Spain is IAGLESMMXXX. This code is used to identify the bank as a whole during international financial transactions.

Bank Information
IAGLESMMXXX
Bank Name INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
Bank Address EL CASERIO CAMINO DE LA MUNOZA S/N, 2, IBERIA ZONA INDUSTRIAL (LA, MADRID, MADRID, 28042
City MADRID
Country
๐Ÿ‡ช๐Ÿ‡ธ Spain
Bank Code IAGL
Country Code ES
Location Code MM
Branch Code XXX

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Sending Money to INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. in MADRID

Follow these three steps to ensure your international wire transfer reaches the correct account at the MADRID branch without delays or hidden intermediary fees.

  1. Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For Spain, IBANs typically start with the prefix ES.
  2. Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter IAGLESMMXXX. This unique 11-character identifier ensures the funds are routed specifically to the INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. systems in MADRID.
  3. Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for Spain transactions.

Where can I find my SWIFT/BIC code?

You can find your SWIFT/BIC code in several easy-to-locate places:

  • On your bank statements, either printed or online.
  • Inside your online banking portal, under account information.
  • On your bank’s official website, usually in their international banking or FAQ section.
  • By directly contacting your bank’s customer service.

Online resources like SWIFT Codes Finder can be really helpful.

Example of transaction information

  1. Beneficiary Name: [Recipient Name]
  2. Bank: [Bank Name]
  3. SWIFT/BIC Code: [SWIFT Code]
  4. Bank Address: [Street, City, Country]
  5. Account Number/IBAN: [Account Number or IBAN]

Frequently Asked Questions

Is IAGLESMMXXX the correct code for all INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. branches?

No. While many banks use a "Head Office" code ending in XXX, the code IAGLESMMXXX is specifically assigned to the MADRID location. Using this specific 11-character code helps the bank’s automated systems credit the recipient’s account faster than using a generic national code.

Can I use this code for a SEPA transfer to Spain?

Yes. If you are sending Euro-denominated funds from another SEPA-member country, you can use this BIC/SWIFT code alongside the recipient’s IBAN. However, most modern European banks only require the IBAN to route SEPA payments automatically.

How long does a transfer to INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. usually take?

International transfers to INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. using the SWIFT network typically take 1 to 3 business days. Factors that can cause delays include:

  • Time zone differences between the sender and Spain.
  • Local public holidays in Spain.
  • Required "Know Your Customer" (KYC) checks for large amounts.

Are there fees for receiving money at the MADRID branch?

Most banks in Spain charge an "Incoming Wire Fee" for international transfers. For INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A., these fees vary based on the account type but typically range from a small flat fee to a percentage of the total. It is recommended to send funds using the "OUR" instruction if you want the recipient to receive the exact amount sent.

What happens if I use the wrong SWIFT code?

If you use a code for a different branch of INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A., the money will usually still arrive but may be delayed by 24–48 hours as it is manually rerouted. If you enter a completely incorrect code, the funds will likely be returned to your account within 5–10 business days, minus any processing fees.

Do I need a INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. SWIFT code for international money transfers?

Yes. If you are sending money from abroad to an account at INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A., you will almost certainly need their SWIFT code (also known as a BIC).

The SWIFT code IAGLESMMXXX acts as a digital address for the MADRID branch. Without it, the sending bank won’t know which specific institution in Spain should receive the funds, which often leads to the transfer being rejected or stuck in "limbo". However, the requirements change slightly depending on where the money is coming from:

  • Transfers from outside the EU/EEA (e.g., USA, Canada, India): A SWIFT code is mandatory. You must provide IAGLESMMXXX along with the recipient’s name and IBAN.
  • Transfers from within Europe (SEPA): If the sender is in a SEPA-member country, many modern banks only require the IBAN. However, providing the SWIFT code IAGLESMMXXX is still recommended as a backup to ensure the transfer is routed instantly to the MADRID branch.
  • Domestic Transfers: If you are sending money from another bank inside Spain, you typically do not need a SWIFT code; a local account number or IBAN is sufficient.

Pro Tip: Always double-check the 8th and 11th characters. For INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A., using the specific branch code IAGLESMMXXX instead of the generic head office code ensures the money hits the correct local ledger in MADRID without manual intervention.