SWIFT/BIC code MLCBESM1XXX
MLCBESM1XXX belongs to Merrill Lynch Capital Markets Bank Limited in Madrid, Spain.
Code details
| SWIFT/BIC code | MLCBESM1XXX |
|---|---|
| 8-character code | MLCBESM1 |
| Branch code | XXX |
| Bank | Merrill Lynch Capital Markets Bank Limited |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
How the Merrill Lynch Capital Markets Bank Limited SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MLCB 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 BIC MLCBESM1XXX?
MLCBESM1XXX identifies the head office of Merrill Lynch Capital Markets Bank Limited in Madrid, Spain. It is the code to use when a payment to Merrill Lynch Capital Markets Bank Limited does not need a specific branch.
Does Merrill Lynch Capital Markets Bank Limited have only one SWIFT/BIC code?
Yes, MLCBESM1XXX is the only SWIFT/BIC code we have for Merrill Lynch Capital Markets Bank Limited in Spain, so there is no branch code to choose.
How long does it take to send money to Merrill Lynch Capital Markets Bank Limited in Spain?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need MLCBESM1XXX to send euros to Spain?
Spain belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need MLCBESM1XXX.
Is MLCBESM1 and MLCBESM1XXX the same code?
Yes. MLCBESM1 is the 8-character version of MLCBESM1XXX. XXX simply means head office, so either version will reach Merrill Lynch Capital Markets Bank Limited in Madrid.
What is the best way to send money to Merrill Lynch Capital Markets Bank Limited in Spain?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.