SWIFT/BIC code ESPBESM1TRD
ESPBESM1TRD belongs to Banco de Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESPBESM1TRD |
|---|---|
| 8-character code | ESPBESM1 |
| Branch code | TRD |
| Bank | Banco de Espana |
| Branch | Trd |
| 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.
- TRD 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/BIC code ESPBESM1TRD?
ESPBESM1TRD identifies Trd, a branch or department of Banco de Espana in Madrid, Spain. Use this branch code only when the account is held at this specific branch.
Can I use ESPBESM1 instead of ESPBESM1TRD?
ESPBESM1 points to the head office of Banco de Espana, while ESPBESM1TRD is Trd. Most international transfers work with the head office code, yet use ESPBESM1TRD if the recipient asks for it.
What is the best way to send money to Banco de Espana?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send – the difference can be large.
What happens if I enter ESPBESM1TRD with a typo?
Your transfer can bounce, get stuck or cost extra. Always check ESPBESM1TRD with the recipient before sending.
Does Banco de Espana have more 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.
What does each part of ESPBESM1TRD mean?
ESPB is the institution code of Banco de Espana, ES stands for Spain, M1 is the code for the city or region and TRD is the code of the branch Trd.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.