SWIFT/BIC code PARBESX1043
PARBESX1043 belongs to BNP Paribas Securities Services, Spain in Madrid, Spain.
Code details
| SWIFT/BIC code | PARBESX1043 |
|---|---|
| 8-character code | PARBESX1 |
| Branch code | 043 |
| Bank | BNP Paribas Securities Services, Spain |
| Branch | Madrid |
| City | Madrid |
| Country | Spain |
The way the BNP Paribas Securities Services, Spain SWIFT/BIC works
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.
- 043 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/BIC code PARBESX1043?
The code PARBESX1043 belongs to Madrid, a branch or department of BNP Paribas Securities Services, Spain in Madrid, Spain. Only use it if the recipient or their bank explicitly asks for it.
What is the best way to send money to BNP Paribas Securities Services, Spain?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
Can I use PARBESX1 instead of PARBESX1043?
PARBESX1 points to the main office of BNP Paribas Securities Services, Spain, while PARBESX1043 points to Madrid. For a normal transfer the head office code is usually fine, yet use PARBESX1043 if the recipient asks for it.
Do I need PARBESX1043 for a euro transfer to Spain?
Spain belongs to the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you still need PARBESX1043.
How long does it take to send money to BNP Paribas Securities Services, Spain in Spain?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 1–3 business days.
What do the letters in PARBESX1043 stand for?
PARB is the institution code of BNP Paribas Securities Services, Spain, ES stands for Spain, X1 is the location code and 043 identifies the branch Madrid.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.