SWIFT/BIC code BESMESMMXXX
BESMESMMXXX belongs to Novo Banco, SA, Sucursal En Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | BESMESMMXXX |
|---|---|
| 8-character code | BESMESMM |
| Branch code | XXX |
| Bank | Novo Banco, SA, Sucursal En Espana |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Novo Banco, SA, Sucursal En Espana SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BESM Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- MM 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 bank uses SWIFT code BESMESMMXXX?
The code BESMESMMXXX belongs to the main office of Novo Banco, SA, Sucursal En Espana in Madrid, Spain. Use it when you send money to an account at Novo Banco, SA, Sucursal En Espana.
Does Novo Banco, SA, Sucursal En Espana use a single SWIFT/BIC code?
Yes, BESMESMMXXX is the only SWIFT/BIC code listed for Novo Banco, SA, Sucursal En Espana in Spain, so there is no branch code to choose.
What is the cheapest way to send money to Novo Banco, SA, Sucursal En Espana?
Many banks add several percent to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What does each part of BESMESMMXXX stand for?
BESM is the institution code of Novo Banco, SA, Sucursal En Espana, ES stands for Spain, MM is the location code and XXX marks the head office.
Do I need BESMESMMXXX for a euro transfer to Spain?
Spain belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need BESMESMMXXX.
How long does a transfer to Novo Banco, SA, Sucursal En Espana take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.