SWIFT/BIC code MUSGESM1XXX
MUSGESM1XXX belongs to Mutuactivos Sgiic in Madrid, Spain.
Code details
| SWIFT/BIC code | MUSGESM1XXX |
|---|---|
| 8-character code | MUSGESM1 |
| Branch code | XXX |
| Bank | Mutuactivos Sgiic |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Mutuactivos Sgiic SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MUSG 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 BIC MUSGESM1XXX?
MUSGESM1XXX identifies the head office of Mutuactivos Sgiic in Madrid, Spain. Use it when a payment to Mutuactivos Sgiic does not need a specific branch.
What is the cheapest way to send money to Mutuactivos Sgiic in Spain?
Many banks 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.
Do I need MUSGESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need MUSGESM1XXX.
How long does it take to send money to Mutuactivos Sgiic?
SEPA payments in euros normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Is MUSGESM1 and MUSGESM1XXX the same SWIFT code?
Yes, they are. MUSGESM1 is the 8-character version of MUSGESM1XXX. XXX simply means head office, so both will reach Mutuactivos Sgiic in Madrid.
What happens if I use MUSGESM1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check MUSGESM1XXX against the details from Mutuactivos Sgiic before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.