SWIFT/BIC code BAEMESM1XXX
BAEMESM1XXX belongs to Banesto Banco de Emisiones S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | BAEMESM1XXX |
|---|---|
| 8-character code | BAEMESM1 |
| Branch code | XXX |
| Bank | Banesto Banco de Emisiones S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Banesto Banco de Emisiones S.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BAEM 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
What bank is behind BIC BAEMESM1XXX?
BAEMESM1XXX identifies the head office of Banesto Banco de Emisiones S.A. in Madrid, Spain. Use it when you send money to an account at Banesto Banco de Emisiones S.A..
Does Banesto Banco de Emisiones S.A. have only one SWIFT/BIC code?
Yes, BAEMESM1XXX is the single SWIFT/BIC code listed for Banesto Banco de Emisiones S.A. in Spain, so you do not need to pick a branch code.
Is BAEMESM1 and BAEMESM1XXX the same SWIFT code?
Yes. BAEMESM1 is the short version of BAEMESM1XXX. The XXX at the end only means head office, so either version will reach Banesto Banco de Emisiones S.A. in Madrid.
Do I need BAEMESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices. If you send another currency you do need BAEMESM1XXX.
How long does it take to send money to Banesto Banco de Emisiones S.A.?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
What is the cheapest way to send money to Banesto Banco de Emisiones S.A. in Spain?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive 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.