Bank Information for Spain

Dashboard Requirements for Spanish Bank Information

If you select direct deposit in the Publisher Dashboard, you are prompted to enter the following account information. Spain uses the international bank account number or IBAN. Your international routing code and account number can be identified from your IBAN. Contact your financial institution where your account is held if you do not know your IBAN. 

 Note

The Publisher Dashboard requires a breakdown of your IBAN number into the two fields necessary. Your IBAN is from the financial institution where your account is held.

IBAN

IBANs are a way of identifying bank accounts internationally, allowing for international payments to be processed quickly. When you send money abroad, an IBAN identifies the recipient to ensure the funds reach the right account.

SWIFT is the formal registrar of the IBAN system.

Structure of IBANs

A typical IBAN contains 28-34 characters. Below you will find a detailed breakdown of the IBAN structure. 

Example of IBAN

"CCKKBBANDDNNNNNNNNNNNNNNNN"

  • The first two 2 characters ("CC") specify the country code in ISO 3166-1 alpha-2 format. Only letters.
  • The next 1-2 characters ("KK" or “K”) specify the check digits, used to confirm the integrity of the code. Only digits.
  • The next characters are the 4-digit branch code and specify the Basic Bank Account Number (“BBAN”). The format is decided by the national central bank or designated payment authority of each country. Both letters and digits are allowed.
  • 1-2 digits check digit (“DD”)
  • 16 digits account number (“NNNNNNNNNNNNNNNN”)

If you have further questions about BIC or IBAN, contact Customer Support.

Was this article helpful?
16 out of 17 found this helpful

Comments

0 comments

Please sign in to leave a comment.