SWIFT/BIC code AARBESM1XXX
AARBESM1XXX belongs to Aareal Bank AG in Madrid, Spain.
Code details
| SWIFT/BIC code | AARBESM1XXX |
|---|---|
| 8-character code | AARBESM1 |
| Branch code | XXX |
| Bank | Aareal Bank AG |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Aareal Bank AG SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- AARB Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution is behind BIC AARBESM1XXX?
AARBESM1XXX identifies the head office of Aareal Bank AG in Madrid, Spain. It is the code to use when you send money to an account at Aareal Bank AG.
Do I need AARBESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN normally suffices. If you send another currency you still need AARBESM1XXX.
How long does it take to send money to Aareal Bank AG in Spain?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Are AARBESM1 and AARBESM1XXX the same code?
Yes, they are. AARBESM1 is the short version of AARBESM1XXX. The XXX at the end only refers to the head office, so both will reach Aareal Bank AG in Madrid.
What do the letters in AARBESM1XXX mean?
AARB is the institution code of Aareal Bank AG, ES is the ISO code of Spain, M1 is the code for the city or region and XXX means the head office.
What happens if I use AARBESM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check AARBESM1XXX against the details from Aareal Bank AG before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.