About SWIFT Code MAGAESM1
MAGAESM1 identifies
Martinez Gil Y Asociados Agencia Valores Bolsa SA in Madrid, Spain,
on the international SWIFT network. The code breaks down as: bank code
MAGA, country ES,
location M1, and branch
XXX (head office).
Use this code when receiving or sending an international wire transfer to Martinez Gil Y Asociados Agencia Valores Bolsa SA. You will usually also need the recipient's account number or IBAN. Learn how SWIFT codes work →
Always confirm the SWIFT code with the receiving bank before transferring money - codes can change and branch codes vary by account type.
Frequently Asked Questions
What bank uses SWIFT code MAGAESM1?
MAGAESM1 belongs to Martinez Gil Y Asociados Agencia Valores Bolsa SA in Madrid, Spain.
Is MAGAESM1 valid for international transfers?
Yes - it's a valid 8-character BIC. Pair it with the recipient's account number or IBAN, and confirm with the bank before wiring money.
What's the difference between an 8 and 11 character code?
8-character codes identify the bank's head office; 11-character codes add a 3-character branch identifier. If no branch code is given, "XXX" (head office) is assumed.