SWIFT/BIC code FIOFESM1XXX
FIOFESM1XXX belongs to Banco Finantia Sofinloc, S.A. in Madrid, Spain.
Code details
| SWIFT/BIC code | FIOFESM1XXX |
|---|---|
| 8-character code | FIOFESM1 |
| Branch code | XXX |
| Bank | Banco Finantia Sofinloc, S.A. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Banco Finantia Sofinloc, S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FIOF 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 BIC FIOFESM1XXX?
The code FIOFESM1XXX belongs to the head office of Banco Finantia Sofinloc, S.A. in Madrid, Spain. Use it when you send money to an account at Banco Finantia Sofinloc, S.A..
Does Banco Finantia Sofinloc, S.A. use only one SWIFT/BIC code?
Yes – FIOFESM1XXX is the single SWIFT/BIC code listed for Banco Finantia Sofinloc, S.A. in Spain, so there is no branch code to choose.
What do the letters in FIOFESM1XXX mean?
FIOF is the institution code of Banco Finantia Sofinloc, S.A., ES is the ISO code of Spain, M1 is the location code and XXX marks the main office.
Do I need FIOFESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need FIOFESM1XXX.
How long does a transfer to Banco Finantia Sofinloc, S.A. take in Spain?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Are FIOFESM1 and FIOFESM1XXX the same code?
Yes. FIOFESM1 is the 8-character version of FIOFESM1XXX. XXX simply refers to the head office, so either version routes your payment to Banco Finantia Sofinloc, S.A. in Madrid.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.