SWIFT/BIC code BSCHESMMBME
BSCHESMMBME belongs to Banco Santander S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | BSCHESMMBME |
|---|---|
| 8-character code | BSCHESMM |
| Branch code | BME |
| Bank | Banco Santander S.A. |
| Branch | Only For Securities |
| City | Madrid |
| Country | Spain |
How the Banco Santander S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BSCH 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.
- BME 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 is behind SWIFT/BIC code BSCHESMMBME?
BSCHESMMBME identifies Only For Securities, a unit of Banco Santander S.A. in Madrid, Spain. Use this branch code only when the recipient or their bank explicitly asks for it.
What is the cheapest way to send money to Banco Santander S.A.?
Banks often add several percent 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.
Do I need BSCHESMMBME for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BSCHESMMBME.
How long does a transfer to Banco Santander S.A. take?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I use BSCHESMMBME with a typo?
The payment may be delayed, returned or charged extra fees. Double-check BSCHESMMBME with the recipient before sending.
Can I use BSCHESMM instead of BSCHESMMBME?
BSCHESMM points to the main office of Banco Santander S.A., while BSCHESMMBME points to Only For Securities. Most international transfers work with the head office code, but use BSCHESMMBME if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.