SWIFT/BIC code PARBESX1062
PARBESX1062 belongs to BNP Paribas Securities Services, Spain in Madrid, Spain.
Code details
| SWIFT/BIC code | PARBESX1062 |
|---|---|
| 8-character code | PARBESX1 |
| Branch code | 062 |
| 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.
- 062 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 PARBESX1062?
The code PARBESX1062 belongs to Madrid, a branch or department of BNP Paribas Securities Services, Spain in Madrid, Spain. Use this branch code only when the account is held at this specific branch.
How long does it take to send money to BNP Paribas Securities Services, Spain?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PARBESX1062 to send euros to Spain?
Spain belongs to the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PARBESX1062.
What is the cheapest way to send money to BNP Paribas Securities Services, Spain in Spain?
Banks often 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.
What does each part of PARBESX1062 stand for?
PARB is the institution code of BNP Paribas Securities Services, Spain, ES is the ISO code of Spain, X1 is the code for the city or region and 062 identifies the department Madrid.
Can I use PARBESX1 instead of PARBESX1062?
PARBESX1 is the head office of BNP Paribas Securities Services, Spain, while PARBESX1062 points to Madrid. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention PARBESX1062.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.