SWIFT/BIC code ESPBESM1CDI
ESPBESM1CDI belongs to Banco de Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESPBESM1CDI |
|---|---|
| 8-character code | ESPBESM1 |
| Branch code | CDI |
| Bank | Banco de Espana |
| Branch | Cdi |
| City | Madrid |
| Country | Spain |
The way the Banco de Espana SWIFT/BIC is built up
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.
- CDI 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 is behind BIC ESPBESM1CDI?
ESPBESM1CDI is the SWIFT/BIC code of Cdi, part of Banco de Espana in Madrid, Spain. Only use it if the account is held at this specific branch.
What do the letters in ESPBESM1CDI mean?
ESPB is the institution code of Banco de Espana, ES stands for Spain, M1 is the code for the city or region and CDI identifies the branch Cdi.
Does Banco de Espana have other SWIFT/BIC codes?
Yes, we list 56 SWIFT/BIC codes for Banco de Espana in Spain, for the head office and several branches or departments. You can see them all on the bank page.
Can I use ESPBESM1 instead of ESPBESM1CDI?
ESPBESM1 is the head office of Banco de Espana, while ESPBESM1CDI points to Cdi. Most international transfers work with the head office code, but use ESPBESM1CDI if the recipient asks for it.
What happens if I use ESPBESM1CDI incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check ESPBESM1CDI with the recipient before you confirm.
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. Check what you receive 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.