SWIFT/BIC code BNNDESM1XXX
BNNDESM1XXX belongs to Bandenia S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | BNNDESM1XXX |
|---|---|
| 8-character code | BNNDESM1 |
| Branch code | XXX |
| Bank | Bandenia S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Bandenia S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BNND 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 uses SWIFT/BIC code BNNDESM1XXX?
BNNDESM1XXX is the SWIFT/BIC code of the head office of Bandenia S.A. in Madrid, Spain. Use it when a payment to Bandenia S.A. does not need a specific branch.
Do I need BNNDESM1XXX to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices. For other currencies you still need BNNDESM1XXX.
How long does it take to send money to Bandenia S.A.?
SEPA payments in euros usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Are BNNDESM1 and BNNDESM1XXX the same SWIFT code?
Yes, they are. BNNDESM1 is the short version of BNNDESM1XXX. XXX simply means head office, so either version routes your payment to Bandenia S.A. in Madrid.
What is the best way to send money to Bandenia S.A.?
Many banks add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
What does each part of BNNDESM1XXX stand for?
BNND is the bank code of Bandenia S.A., ES is the ISO code of Spain, M1 is the code for the city or region and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.