SWIFT/BIC code BSUDESM1XXX
BSUDESM1XXX belongs to Banque Sudameris in Madrid, Spain.
Code details
| SWIFT/BIC code | BSUDESM1XXX |
|---|---|
| 8-character code | BSUDESM1 |
| Branch code | XXX |
| Bank | Banque Sudameris |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Banque Sudameris SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BSUD 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 BSUDESM1XXX?
BSUDESM1XXX identifies the head office of Banque Sudameris in Madrid, Spain. Use it when you send money to an account at Banque Sudameris.
Is BSUDESM1 and BSUDESM1XXX the same code?
Yes, they are. BSUDESM1 is the 8-character version of BSUDESM1XXX. XXX simply refers to the head office, so both routes your payment to Banque Sudameris in Madrid.
How long does it take to send money to Banque Sudameris?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need BSUDESM1XXX to send euros to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need BSUDESM1XXX.
What is the cheapest way to send money to Banque Sudameris?
Many banks add several percent 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 do the letters in BSUDESM1XXX stand for?
BSUD is the bank code of Banque Sudameris, ES stands for Spain, M1 is the location code and XXX marks the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.