SWIFT/BIC code PARBESX1061
PARBESX1061 belongs to BNP Paribas Securities Services, Spain in Madrid, Spain.
Code details
| SWIFT/BIC code | PARBESX1061 |
|---|---|
| 8-character code | PARBESX1 |
| Branch code | 061 |
| Bank | BNP Paribas Securities Services, Spain |
| Branch | Madrid |
| City | Madrid |
| Country | Spain |
How 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.
- 061 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 SWIFT/BIC code PARBESX1061?
PARBESX1061 identifies Madrid, a unit of BNP Paribas Securities Services, Spain in Madrid, Spain. Only use it if the account is held at this specific branch.
What is the best way to send money to BNP Paribas Securities Services, Spain in Spain?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
Do I need PARBESX1061 to send euros 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. If you send another currency you do need PARBESX1061.
How long does a transfer to BNP Paribas Securities Services, Spain take?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 2–4 business days.
What do the letters in PARBESX1061 stand for?
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 061 identifies the branch Madrid.
Can I use PARBESX1 instead of PARBESX1061?
PARBESX1 points to the head office of BNP Paribas Securities Services, Spain, while PARBESX1061 is Madrid. For a normal transfer the head office code is usually fine, but use PARBESX1061 if the recipient asks for it.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.