SWIFT/BIC code ABABESM1XXX
ABABESM1XXX belongs to A.b. Asesores Bursatiles Bolsa, SA, S.v.b. in Madrid, Spain.
Code details
| SWIFT/BIC code | ABABESM1XXX |
|---|---|
| 8-character code | ABABESM1 |
| Branch code | XXX |
| Bank | A.b. Asesores Bursatiles Bolsa, SA, S.v.b. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the A.b. Asesores Bursatiles Bolsa, SA, S.v.b. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ABAB 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 uses SWIFT/BIC code ABABESM1XXX?
The code ABABESM1XXX belongs to the head office of A.b. Asesores Bursatiles Bolsa, SA, S.v.b. in Madrid, Spain. Use it when you send money to an account at A.b. Asesores Bursatiles Bolsa, SA, S.v.b..
Is ABABESM1 and ABABESM1XXX the same code?
Yes, they are. ABABESM1 is the 8-character version of ABABESM1XXX. The XXX at the end only means head office, so either version routes your payment to A.b. Asesores Bursatiles Bolsa, SA, S.v.b. in Madrid.
Do I need ABABESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need ABABESM1XXX.
How long does a transfer to A.b. Asesores Bursatiles Bolsa, SA, S.v.b. take?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Does A.b. Asesores Bursatiles Bolsa, SA, S.v.b. have only one SWIFT/BIC code?
Yes – ABABESM1XXX is the single SWIFT/BIC code listed for A.b. Asesores Bursatiles Bolsa, SA, S.v.b. in Spain, so you do not need to pick a branch code.
What is the cheapest way to send money to A.b. Asesores Bursatiles Bolsa, SA, S.v.b.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.