SWIFT/BIC code PARBESX1050
PARBESX1050 belongs to BNP Paribas Securities Services, Spain in Madrid, Spain.
Code details
| SWIFT/BIC code | PARBESX1050 |
|---|---|
| 8-character code | PARBESX1 |
| Branch code | 050 |
| 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.
- 050 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 branch is behind SWIFT/BIC code PARBESX1050?
PARBESX1050 is the SWIFT/BIC code of Madrid, a unit of BNP Paribas Securities Services, Spain in Madrid, Spain. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PARBESX1050 incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check PARBESX1050 with the recipient before sending.
Can I use PARBESX1 instead of PARBESX1050?
PARBESX1 is the head office of BNP Paribas Securities Services, Spain, while PARBESX1050 is Madrid. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PARBESX1050.
Does BNP Paribas Securities Services, Spain have more SWIFT/BIC codes?
Yes, we list 107 SWIFT/BIC codes for BNP Paribas Securities Services, Spain in Spain. All of them are listed on the page of BNP Paribas Securities Services, Spain.
What do the letters in PARBESX1050 mean?
PARB is the bank code of BNP Paribas Securities Services, Spain, ES stands for Spain, X1 is the location code and 050 identifies the branch Madrid.
Do I need PARBESX1050 for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. For other currencies you do need PARBESX1050.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.