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MEDIUM
FISCAL

Model 720: declare the contractual financial entity and its IBAN

V2510-25

Prepared and reviewed by the BMC editorial team  ·  Methodology

Technical details

Type
consulta-vinculante (what is this?)
Identifier
V2510-25
Published
16 Dec 2025

Summary

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.

In 6 key points

Lifecycle

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

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