Question 1

What is the SWIFT code for ALLFUNDS BANK, S.A.U.?

Accepted Answer

The SWIFT/BIC code for ALLFUNDS BANK, S.A.U. is ALLFESMM. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to ALLFUNDS BANK, S.A.U.?

Accepted Answer

To send money internationally to ALLFUNDS BANK, S.A.U., provide your bank with the SWIFT/BIC code ALLFESMM (Madrid, Spain) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is ALLFUNDS BANK, S.A.U. a SEPA member?

Accepted Answer

Yes, ALLFUNDS BANK, S.A.U. is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code ALLFESMM mean?

Accepted Answer

In the BIC code ALLFESMM: "ALLF" is the institution code identifying ALLFUNDS BANK, S.A.U., "ES" is the ISO 3166-1 country code for Spain, and "MM" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns ALLFUNDS BANK, S.A.U.?

Accepted Answer

ALLFUNDS BANK, S.A.U. is owned by Allfunds Group plc, a banking group based in the UK. ALLFUNDS BANK, S.A.U. is registered in Spain as a local entity, while its ultimate ownership sits with the parent group in the UK.

ALLFESMM

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