SWIFT/BIC code CDCSESM1XXX
CDCSESM1XXX belongs to Consorcio de Compensacion de Seguros in Madrid, Spain.
Code details
| SWIFT/BIC code | CDCSESM1XXX |
|---|---|
| 8-character code | CDCSESM1 |
| Branch code | XXX |
| Bank | Consorcio de Compensacion de Seguros |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Consorcio de Compensacion de Seguros SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CDCS 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 bank uses SWIFT code CDCSESM1XXX?
CDCSESM1XXX identifies the main office of Consorcio de Compensacion de Seguros in Madrid, Spain. Use it when you send money to an account at Consorcio de Compensacion de Seguros.
What happens if I enter CDCSESM1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check CDCSESM1XXX against the details from Consorcio de Compensacion de Seguros before sending.
What do the letters in CDCSESM1XXX mean?
CDCS is the bank code of Consorcio de Compensacion de Seguros, ES is the ISO code of Spain, M1 is the code for the city or region and XXX means the head office.
What is the cheapest way to send money to Consorcio de Compensacion de Seguros?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send.
Does Consorcio de Compensacion de Seguros use only one SWIFT/BIC code?
Yes, CDCSESM1XXX is the single SWIFT/BIC code we have for Consorcio de Compensacion de Seguros in Spain, so there is no branch code to choose.
How long does a transfer to Consorcio de Compensacion de Seguros take?
Euro transfers within SEPA usually arrive within one business day. Payments 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.