SWIFT/BIC code ESPBESMMRMS
ESPBESMMRMS belongs to Banco de Espana in Madrid, Spain.
Code details
| SWIFT/BIC code | ESPBESMMRMS |
|---|---|
| 8-character code | ESPBESMM |
| Branch code | RMS |
| Bank | Banco de Espana |
| Branch | Reserve Management Services |
| City | Madrid |
| Country | Spain |
How 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).
- MM Location code
- 2 characters for the city or region of the head office.
- RMS 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 SWIFT/BIC code ESPBESMMRMS?
The code ESPBESMMRMS belongs to Reserve Management Services, a unit of Banco de Espana in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.
What do the letters in ESPBESMMRMS stand for?
ESPB is the institution code of Banco de Espana, ES is the ISO code of Spain, MM is the code for the city or region and RMS is the code of the branch Reserve Management Services.
Do I need ESPBESMMRMS for a euro transfer to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you do need ESPBESMMRMS.
How long does it take to send money to Banco de Espana?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Does Banco de Espana have more 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.
Can I use ESPBESMM instead of ESPBESMMRMS?
ESPBESMM points to the head office of Banco de Espana, while ESPBESMMRMS points to Reserve Management Services. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention ESPBESMMRMS.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.