SWIFT/BIC code BKTRESM1XXX
BKTRESM1XXX belongs to Bankers Trust Company, Sucursal En Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | BKTRESM1XXX |
|---|---|
| 8-character code | BKTRESM1 |
| Branch code | XXX |
| Bank | Bankers Trust Company, Sucursal En Espana |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Bankers Trust Company, Sucursal En Espana SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BKTR 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 uses BIC BKTRESM1XXX?
The code BKTRESM1XXX belongs to the main office of Bankers Trust Company, Sucursal En Espana in Madrid, Spain. It is the code to use when you send money to an account at Bankers Trust Company, Sucursal En Espana.
What is the best way to send money to Bankers Trust Company, Sucursal En Espana in Spain?
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 – the difference can be large.
Does Bankers Trust Company, Sucursal En Espana use a single SWIFT/BIC code?
Yes, BKTRESM1XXX is the single SWIFT/BIC code listed for Bankers Trust Company, Sucursal En Espana in Spain, so there is no branch code to choose.
What happens if I use BKTRESM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Always check BKTRESM1XXX against the details from Bankers Trust Company, Sucursal En Espana before you confirm.
What does each part of BKTRESM1XXX mean?
BKTR is the bank code of Bankers Trust Company, Sucursal En Espana, ES is the ISO code of Spain, M1 is the location code and XXX means the main office.
How long does a transfer to Bankers Trust Company, 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.