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ES0700495923002016118568

Bank Name: BANCO SANTANDER S.A.

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IBAN
ES0700495923002016118568Copy
Country CodeES
Check Digits07
Bank Code0049
Branch Code592300
Account number002016118568
Bank Name
BANCO SANTANDER S.A.
Branch Code
XXX
Bank Address
EDIFICIO PAMPA
City
MADRID
Province/State
MADRID
Postal Code/Zip
28660
CountrySPAIN
SWIFT CodeBSCHESMMXXX

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FAQ

Which bank does the IBAN ES0700495923002016118568 correspond to?

The IBAN ES0700495923002016118568 belongs to the bank BANCO SANTANDER S.A., and the bank identity can be further confirmed via the SWIFT/BIC code BSCHESMMXXX, ensuring accurate fund transfer during international remittances.

What should you pay attention to when making a transfer using the IBAN ES0700495923002016118568?

When using IBAN ES0700495923002016118568 for a transfer, it is recommended to also provide the recipient's SWIFT/BIC code BSCHESMMXXX, bank name BANCO SANTANDER S.A., and the complete bank address. Ensuring that all details are correct can effectively avoid the risk of transfer failure, delays, or funds being sent to the wrong account. It is best to use an IBAN validation tool to check the number's validity before making the transfer, reducing unnecessary issues.

How is the check digit in the IBAN ES0700495923002016118568 derived? What is its purpose?

The check digits are the second and third positions in ES0700495923002016118568, and they are used to prevent human input errors. By converting the IBAN into numbers and performing a modulo 97 operation, if the result is 1, the IBAN is valid. This ensures that when making international transfers (such as sending money to BANCO SANTANDER S.A.), the funds are not mistakenly sent to the wrong institution.

Can one IBAN be shared by multiple accounts?

An IBAN number uniquely corresponds to a specific account and cannot be shared by different accounts. Each IBAN encodes unique account information, and if two accounts use the same IBAN, the banking system will be unable to correctly identify the specific receiving account. Therefore, when opening accounts at different banks or branches, even if they belong to the same account holder, different IBANs will be generated.

If I enter the wrong IBAN ES0700495923002016118568, will the transfer still succeed?

If you make a mistake while entering the IBAN ES0700495923002016118568, such as leaving out parts or entering incorrect characters, the bank system typically performs an initial verification based on the check digits. If an error is detected, the transaction will be rejected and the funds returned. However, if the check digits pass and only the account information is incorrect, the funds may be sent to the wrong account. In such a case, you should contact the sending bank BANCO SANTANDER S.A. as soon as possible and provide the correct IBAN along with the corresponding SWIFT/BIC code BSCHESMMXXX, in an attempt to intercept or recover the funds.
DisclaimerThe data provided on this page is sourced from the Internet and bank official websites and is for reference only. We do not guarantee the accuracy, completeness or timeliness of the data. Users should verify the relevant information and bear the risks of use.