SWIFT/BIC code PARBESX1087
PARBESX1087 belongs to BNP Paribas Securities Services, Spain in Madrid, Spain.
Code details
| SWIFT/BIC code | PARBESX1087 |
|---|---|
| 8-character code | PARBESX1 |
| Branch code | 087 |
| Bank | BNP Paribas Securities Services, Spain |
| Branch | Madrid |
| City | Madrid |
| Country | Spain |
How 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.
- 087 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 uses BIC PARBESX1087?
PARBESX1087 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 is the best way to send money to BNP Paribas Securities Services, Spain in Spain?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Do I need PARBESX1087 for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need PARBESX1087.
How long does a transfer to BNP Paribas Securities Services, Spain take?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What do the letters in PARBESX1087 mean?
PARB is the bank code of BNP Paribas Securities Services, Spain, ES stands for Spain, X1 is the location code and 087 identifies the branch Madrid.
Can I use PARBESX1 instead of PARBESX1087?
PARBESX1 is the head office of BNP Paribas Securities Services, Spain, while PARBESX1087 is Madrid. For a normal transfer the head office code is usually fine, yet use PARBESX1087 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.