SWIFT/BIC code ESPBESM1FGT
ESPBESM1FGT belongs to Banco de Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESPBESM1FGT |
|---|---|
| 8-character code | ESPBESM1 |
| Branch code | FGT |
| Bank | Banco de Espana |
| Branch | Fgt |
| City | Madrid |
| Country | Spain |
How 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.
- FGT 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 SWIFT/BIC code ESPBESM1FGT?
ESPBESM1FGT identifies Fgt, part of Banco de Espana in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.
Can I use ESPBESM1 instead of ESPBESM1FGT?
ESPBESM1 is the head office of Banco de Espana, while ESPBESM1FGT is Fgt. Most international transfers work with the head office code, yet use ESPBESM1FGT if the recipient asks for it.
What do the letters in ESPBESM1FGT stand for?
ESPB is the bank code of Banco de Espana, ES is the ISO code of Spain, M1 is the code for the city or region and FGT is the code of the branch Fgt.
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. All of them are listed on the page of Banco de Espana.
Do I need ESPBESM1FGT to send euros to Spain?
Spain belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need ESPBESM1FGT.
How long does it take to send money to Banco de Espana in Spain?
SEPA payments in euros 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.