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SWIFT/BIC code PARBESX1016

PARBESX1016 belongs to BNP Paribas Securities Services, Spain in Madrid, Spain.

PARBESX1016

Code details

SWIFT/BIC codePARBESX1016
8-character codePARBESX1
Branch code016
BankBNP Paribas Securities Services, Spain
BranchMadrid
CityMadrid
CountrySpain

The way the BNP Paribas Securities Services, Spain SWIFT/BIC is structured

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

PARB Bank code
4 letters that identify the bank.
ES Country code
2 letters for the country (ISO 3166).
X1 Location code
2 characters for the city or region of the head office.
016 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 SWIFT code PARBESX1016?

PARBESX1016 is the SWIFT/BIC code of Madrid, part of BNP Paribas Securities Services, Spain in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.

Do I need PARBESX1016 for a euro transfer to Spain?

Spain is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PARBESX1016.

How long does a transfer to BNP Paribas Securities Services, Spain take?

Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.

What does each part of PARBESX1016 mean?

PARB is the bank code of BNP Paribas Securities Services, Spain, ES is the ISO code of Spain, X1 is the code for the city or region and 016 identifies the department Madrid.

What happens if I use PARBESX1016 incorrectly?

The payment may be delayed, returned or charged extra fees. Double-check PARBESX1016 against the details from BNP Paribas Securities Services, Spain before sending.

What is the cheapest way to send money to BNP Paribas Securities Services, Spain?

Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send – the difference can be large.

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