SWIFT/BIC code ESPBESM1AAD
ESPBESM1AAD belongs to Banco de Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESPBESM1AAD |
|---|---|
| 8-character code | ESPBESM1 |
| Branch code | AAD |
| Bank | Banco de Espana |
| Branch | Aad |
| City | Madrid |
| Country | Spain |
How the Banco de Espana SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ESPB 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.
- AAD 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 branch uses BIC ESPBESM1AAD?
ESPBESM1AAD identifies Aad, part of Banco de Espana in Madrid, Spain. Only use it if the account is held at this specific branch.
What happens if I enter ESPBESM1AAD with a typo?
The payment may be delayed, returned or charged extra fees. Always check ESPBESM1AAD with the recipient before you confirm.
Can I use ESPBESM1 instead of ESPBESM1AAD?
ESPBESM1 points to the head office of Banco de Espana, while ESPBESM1AAD is Aad. Most international transfers work with the head office code, yet use ESPBESM1AAD if the recipient asks for it.
Does Banco de Espana have other SWIFT/BIC codes?
Yes – our database contains 56 SWIFT/BIC codes for Banco de Espana in Spain. All of them are listed on the page of Banco de Espana.
What is the cheapest way to send money to Banco de Espana?
Banks often add 1–3% 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.
How long does a transfer to Banco de Espana take in Spain?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Transfers 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.