SWIFT/BIC code ETSVESM1XXX
ETSVESM1XXX belongs to Electronic Trading System Valores, S.v., S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | ETSVESM1XXX |
|---|---|
| 8-character code | ETSVESM1 |
| Branch code | XXX |
| Bank | Electronic Trading System Valores, S.v., S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Electronic Trading System Valores, S.v., S.A. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- ETSV 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.
- XXX 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 ETSVESM1XXX?
ETSVESM1XXX identifies the head office of Electronic Trading System Valores, S.v., S.A. in Madrid, Spain. It is the code to use when a payment to Electronic Trading System Valores, S.v., S.A. does not need a specific branch.
What is the cheapest way to send money to Electronic Trading System Valores, S.v., S.A.?
Banks often add 1–3% 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.
Does Electronic Trading System Valores, S.v., S.A. use a single SWIFT/BIC code?
Yes, ETSVESM1XXX is the single SWIFT/BIC code listed for Electronic Trading System Valores, S.v., S.A. in Spain, so you do not need to pick a branch code.
Do I need ETSVESM1XXX to send euros to Spain?
Spain is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need ETSVESM1XXX.
How long does it take to send money to Electronic Trading System Valores, S.v., S.A.?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Is ETSVESM1 and ETSVESM1XXX the same SWIFT code?
Yes, they are. ETSVESM1 is the short version of ETSVESM1XXX. The XXX at the end only refers to the head office, so either version will reach Electronic Trading System Valores, S.v., S.A. in Madrid.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.