SWIFT/BIC code ESPBESM1EGD
ESPBESM1EGD belongs to Banco de Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESPBESM1EGD |
|---|---|
| 8-character code | ESPBESM1 |
| Branch code | EGD |
| Bank | Banco de Espana |
| Branch | Egd |
| City | Madrid |
| Country | Spain |
The way the Banco de Espana SWIFT/BIC is structured
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.
- EGD 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 is behind SWIFT code ESPBESM1EGD?
ESPBESM1EGD identifies Egd, part of Banco de Espana in Madrid, Spain. Use this branch code only when the account is held at this specific branch.
What is the cheapest way to send money to Banco de Espana in Spain?
Banks often 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.
Can I use ESPBESM1 instead of ESPBESM1EGD?
ESPBESM1 is the head office of Banco de Espana, while ESPBESM1EGD is Egd. For a normal transfer the head office code is usually fine, but use ESPBESM1EGD if the recipient asks for it.
Does Banco de Espana have more SWIFT/BIC codes?
Yes – we list 56 SWIFT/BIC codes for Banco de Espana in Spain. All of them are listed on the page of Banco de Espana.
What do the letters in ESPBESM1EGD stand for?
ESPB is the bank code of Banco de Espana, ES stands for Spain, M1 is the location code and EGD identifies the branch Egd.
What happens if I enter ESPBESM1EGD with a typo?
Your transfer can bounce, get stuck or cost extra. Always check ESPBESM1EGD with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.