SWIFT/BIC code GESMESM1XXX
GESMESM1XXX belongs to Gestemar Securities S.v.b. in Madrid, Spain.
Code details
| SWIFT/BIC code | GESMESM1XXX |
|---|---|
| 8-character code | GESMESM1 |
| Branch code | XXX |
| Bank | Gestemar Securities S.v.b. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Gestemar Securities S.v.b. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- GESM 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
What bank is behind SWIFT code GESMESM1XXX?
The code GESMESM1XXX belongs to the head office of Gestemar Securities S.v.b. in Madrid, Spain. It is the code to use when you send money to an account at Gestemar Securities S.v.b..
Does Gestemar Securities S.v.b. have only one SWIFT/BIC code?
Yes – GESMESM1XXX is the only SWIFT/BIC code listed for Gestemar Securities S.v.b. in Spain, so there is no branch code to choose.
What is the cheapest way to send money to Gestemar Securities S.v.b.?
Many banks add 1–3% 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.
Do I need GESMESM1XXX to send euros to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need GESMESM1XXX.
How long does a transfer to Gestemar Securities S.v.b. take in Spain?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Are GESMESM1 and GESMESM1XXX the same SWIFT code?
Yes, they are. GESMESM1 is the short version of GESMESM1XXX. The XXX at the end only means head office, so both routes your payment to Gestemar Securities S.v.b. in Madrid.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.