SWIFT/BIC code BEERESM1XXX
BEERESM1XXX belongs to Bestinver, S.v.b., S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | BEERESM1XXX |
|---|---|
| 8-character code | BEERESM1 |
| Branch code | XXX |
| Bank | Bestinver, S.v.b., S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Bestinver, S.v.b., S.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BEER 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 BEERESM1XXX?
The code BEERESM1XXX belongs to the main office of Bestinver, S.v.b., S.A. in Madrid, Spain. It is the code to use when a payment to Bestinver, S.v.b., S.A. does not need a specific branch.
What is the best way to send money to Bestinver, S.v.b., S.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
What happens if I use BEERESM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check BEERESM1XXX against the details from Bestinver, S.v.b., S.A. before sending.
What do the letters in BEERESM1XXX stand for?
BEER is the bank code of Bestinver, S.v.b., S.A., ES is the ISO code of Spain, M1 is the location code and XXX means the head office.
Does Bestinver, S.v.b., S.A. use a single SWIFT/BIC code?
Yes – BEERESM1XXX is the single SWIFT/BIC code listed for Bestinver, S.v.b., S.A. in Spain, so you do not need to pick a branch code.
Is BEERESM1 and BEERESM1XXX the same SWIFT code?
Yes, they are. BEERESM1 is the short version of BEERESM1XXX. The XXX at the end only refers to the head office, so either version will reach Bestinver, S.v.b., S.A. in Madrid.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.