SWIFT/BIC code CIDDESM1XXX
CIDDESM1XXX belongs to Cimd, S.v. in Madrid, Spain.
Code details
| SWIFT/BIC code | CIDDESM1XXX |
|---|---|
| 8-character code | CIDDESM1 |
| Branch code | XXX |
| Bank | Cimd, S.v. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Cimd, S.v. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- CIDD 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 CIDDESM1XXX?
CIDDESM1XXX is the SWIFT/BIC code of the headquarters of Cimd, S.v. in Madrid, Spain. It is the code to use when you send money to an account at Cimd, S.v..
Are CIDDESM1 and CIDDESM1XXX the same SWIFT code?
Yes, they are. CIDDESM1 is the short version of CIDDESM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Cimd, S.v. in Madrid.
How long does it take to send money to Cimd, S.v. in Spain?
Euro transfers within SEPA normally arrive the next business day. Payments in other currencies can take 1–3 business days.
Do I need CIDDESM1XXX for a euro transfer to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you do need CIDDESM1XXX.
What do the letters in CIDDESM1XXX stand for?
CIDD is the bank code of Cimd, S.v., ES stands for Spain, M1 is the code for the city or region and XXX marks the head office.
What is the best way to send money to Cimd, S.v. in Spain?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.