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Spain

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).
Supported beneficiary account type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EUR 999,999
Minimum per Transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA SPAIN PAYOUT340001

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Euro (EUR).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for EUR transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Belgian business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Related countries offered under SEPA EURO
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (EUR)EUR 45,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or EUR).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Code

NoNameSwift Code
1A AND G BANCO, S.A.U.AYGBESMM
2A.B. ASESORES BURSATILES BOLSA, SA,ABABESM1
3AAREAL BANK AGAARBESM1
4ABANCA CORPORACION BANCARIA, S.A.CAGLESMM
5ABANCA CORPORACION BANCARIA, S.A.CMCIESA1
6ABANCA GESTION DE ACTIVOS SGIIC SAIMCAESMM
7ABANTE ASESORES GESTION SGIIC SAASGSESMM
8ABASIC SLUDSGLESBB
9ABENGOAABGOESSE
10ABERTIS INFRAESTRUCTURAS, SAABIRESBB
11ACA, S.A. SOCIEDAD DE VALORESACSVESB1
12ACCIONA SAACOIESMM
13ACTIVOTRADE VALORES SOCIEDAD DE VALAVSVESB2
14ADVANTIC S.LADATESM1
15AFFINITY PETCARE SAAFPTESBB
16AHORRO CORPORACION FINANCIERA SV SAGESGESM1
17AIRE ANCIENT BATHS GROUP SOCIEDAD LAABGES22
18ALANTRA EQUITIES S.V., S.A.NMEQESM1
19ALDESA CONSTRUCCIONES S.A.ACORESMM
20ALHAMBRA PARTNERS, S.V, S.AAHPAES21
21ALL TRADING EUROPE ASSETS AND MARKEATBEESM1
22ALLFUNDS BANK S.A. - LONDON BRANCHALLFGB2L
23ALLFUNDS BANK SAALLFESMM
24ALMAR WATER SOLUTIONS, S.L.U.AWSEESMM
25ALMIRALL, S.A.PFPFESBB
26ALTAMAR CAM PARTNERS S.L.ATMPESMM
27ALTURA MARKETS SOCIEDAD DE VALORESALMTESM1
28ALVEAN SUGAR, S.L., BILBAOALVEES22
29AMADEUS IT GROUP SOCIEDAD ANONIMAAGSOESMM
30ANDBANK ESPANA BANCA PRIVADA, S.A.DEGRESBB
31ANDBANK WEALTH MANAGEMENT SGIIC SAAAMAESMM
32APERTURE TRAVEL SLAPTRES22
33APPLUS SERVICES SAAPPSESMM
34ARESBANK S AAREBESMM
35ARIBAU PRODUCTOS S LLOCAESM1
36ARQUIA BANK S.A.CASDESBB
37ARQUIGEST SA SOCIEDAD GESTORA DE INARGEESB1
38ARTECHE LANTEGI ELKARTEA S.A.ARLEES21
39ARTECHE LANTEGI ELKARTEA, S.A.ARLEES2M
40ASISA, ASISTENCIA SANITARIA INTERPRASAUESMM
41ASTARA MOBILITY SAAMOIESMM
42ATL 12 CAPITAL INVERSIONES AV, SAATCVESM1
43ATLANTICA CORPORATE RESOURCES, S.LABSVESSE
44ATRADIUS CREDITO Y CAUCION S.A. DEACAGESMM
45ATTIJARIWAFA BANK EUROPE SUCURSAL EBCMAESMM
46AURIGA GLOBAL INVESTORS SOCIEDAD DEASSVESM1
47AWWGROUP, S.LPEJGESMM
48AXA MEDITERRANEAN SERVICESAXMSESB1
49AXA SEGUROS GENERALES, S.A. DE SEGUAXIPESBB
50AXA VIDA, SOCIEDAD ANONIMA DE SEGURAXAVES21
51AXESOR CONOCER PARA DECIDIR SAACDAES21
52BAER, CROSBY AND PIKE, A.V., S.A.BECKESM1
53BANCA FARMAFACTORING SPA SUCURSAL EFASNESM1
54BANCA MARCH SABMARES2M
55BANCA NAZIONALE DEL LAVOROBNLIESM1
56BANCA POPOLARE ETICAETICES21
57BANCA PUEYO, S.A.BAPUES22
58BANCO ALCALA S.A.ALCLESMM
59BANCO BILBAO VIZCAYA ARGENTARIA SABBVAESMM
60BANCO BILBAO VIZCAYA ARGENTARIA SOCBAROESM1
61BANCO CAIXA GERALCGDIES21
62BANCO CANARIAS DE VENEZUELA, BANCOBOCAES21
63BANCO CETELEM S.A.UBNPAESM2
64BANCO CONSOLIDADO ESPANA, S.A..CONSESM1
65BANCO COOPERATIVO ESPANOL S.A.BCOEESMM
66BANCO DE ALBACETE, S.A.ALACESM1