SWIFT/BIC code BTMSESM1XXX
BTMSESM1XXX belongs to Btm Securities (Spain) S.A. S.v.b. in Madrid, Spain.
Code details
| SWIFT/BIC code | BTMSESM1XXX |
|---|---|
| 8-character code | BTMSESM1 |
| Branch code | XXX |
| Bank | Btm Securities (Spain) S.A. S.v.b. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Btm Securities (Spain) S.A. S.v.b. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- BTMS 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 BTMSESM1XXX?
The code BTMSESM1XXX belongs to the head office of Btm Securities (Spain) S.A. S.v.b. in Madrid, Spain. Use it when you send money to an account at Btm Securities (Spain) S.A. S.v.b..
How long does a transfer to Btm Securities (Spain) S.A. S.v.b. take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need BTMSESM1XXX to send euros to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need BTMSESM1XXX.
Is BTMSESM1 and BTMSESM1XXX the same code?
Yes, they are. BTMSESM1 is the 8-character version of BTMSESM1XXX. XXX simply means head office, so either version will reach Btm Securities (Spain) S.A. S.v.b. in Madrid.
What do the letters in BTMSESM1XXX mean?
BTMS is the institution code of Btm Securities (Spain) S.A. S.v.b., ES is the ISO code of Spain, M1 is the location code and XXX means the main office.
Does Btm Securities (Spain) S.A. S.v.b. have a single SWIFT/BIC code?
Yes – BTMSESM1XXX is the single SWIFT/BIC code listed for Btm Securities (Spain) S.A. S.v.b. in Spain, so there is no branch code to choose.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.