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V2510-25 ·16 December 2025 ·consulta-vinculante Medium impact
Tax

Model 720: declare the contractual financial entity and its IBAN

The consultant asks whether, in Model 720, the financial institution should be identified as the bank under the contract or the bank associated with the BIC code. The DGT responds that the contractual financial entity and the assigned settlement account IBAN must be declared.

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2025-12-16PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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