SWIFT/BIC code FGDCESM1XXX

FGDCESM1XXX belongs to El Fondo de Garantia de Depositos En Cajas de Ahorro in Madrid, Spain.

FGDCESM1XXX

Code details

SWIFT/BIC codeFGDCESM1XXX
8-character codeFGDCESM1
Branch codeXXX
BankEl Fondo de Garantia de Depositos En Cajas de Ahorro
BranchHead office
CityMadrid
CountrySpain

The way the El Fondo de Garantia de Depositos En Cajas de Ahorro SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

FGDC 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 institution is behind SWIFT/BIC code FGDCESM1XXX?

FGDCESM1XXX is the SWIFT/BIC code of the headquarters of El Fondo de Garantia de Depositos En Cajas de Ahorro in Madrid, Spain. It is the code to use when you send money to an account at El Fondo de Garantia de Depositos En Cajas de Ahorro.

What happens if I use FGDCESM1XXX with a typo?

Your transfer can bounce, get stuck or cost extra. Double-check FGDCESM1XXX against the details from El Fondo de Garantia de Depositos En Cajas de Ahorro before you confirm.

What is the best way to send money to El Fondo de Garantia de Depositos En Cajas de Ahorro in Spain?

Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with specialist providers before you send – the difference can be large.

Does El Fondo de Garantia de Depositos En Cajas de Ahorro use a single SWIFT/BIC code?

Yes, FGDCESM1XXX is the single SWIFT/BIC code listed for El Fondo de Garantia de Depositos En Cajas de Ahorro in Spain, so you do not need to pick a branch code.

What does each part of FGDCESM1XXX stand for?

FGDC is the institution code of El Fondo de Garantia de Depositos En Cajas de Ahorro, ES stands for Spain, M1 is the location code and XXX marks the main office.

Are FGDCESM1 and FGDCESM1XXX the same SWIFT code?

Yes, they are. FGDCESM1 is the 8-character version of FGDCESM1XXX. The XXX at the end only refers to the head office, so both routes your payment to El Fondo de Garantia de Depositos En Cajas de Ahorro in Madrid.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.