SWIFT/BIC code BFGMESM1XXX
BFGMESM1XXX belongs to Bandenia Financial Group PLC in Madrid, Spain.
Code details
| SWIFT/BIC code | BFGMESM1XXX |
|---|---|
| 8-character code | BFGMESM1 |
| Branch code | XXX |
| Bank | Bandenia Financial Group PLC |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Bandenia Financial Group PLC SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BFGM 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 SWIFT/BIC code BFGMESM1XXX?
The code BFGMESM1XXX belongs to the main office of Bandenia Financial Group PLC in Madrid, Spain. Use it when a payment to Bandenia Financial Group PLC does not need a specific branch.
What happens if I enter BFGMESM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check BFGMESM1XXX with the recipient before you confirm.
Does Bandenia Financial Group PLC have only one SWIFT/BIC code?
Yes, BFGMESM1XXX is the only SWIFT/BIC code listed for Bandenia Financial Group PLC in Spain, so you do not need to pick a branch code.
Is BFGMESM1 and BFGMESM1XXX the same code?
Yes. BFGMESM1 is the 8-character version of BFGMESM1XXX. The XXX at the end only means head office, so both will reach Bandenia Financial Group PLC in Madrid.
Do I need BFGMESM1XXX to send euros to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need BFGMESM1XXX.
How long does a transfer to Bandenia Financial Group PLC take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments 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.