SWIFT/BIC code SCURESM1XXX
SCURESM1XXX belongs to D.b. Securities, S.a., S.v.b. in Madrid, Spain.
Code details
| SWIFT/BIC code | SCURESM1XXX |
|---|---|
| 8-character code | SCURESM1 |
| Branch code | XXX |
| Bank | D.b. Securities, S.a., S.v.b. |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the D.b. Securities, S.a., S.v.b. SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SCUR Bank code
- 4 letters that identify the bank.
- ES Country code
- 2 letters for the country (ISO 3166).
- M1 Location code
- 2 characters for the city or region of the head office.
- XXX 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 institution uses BIC SCURESM1XXX?
SCURESM1XXX identifies the main office of D.b. Securities, S.a., S.v.b. in Madrid, Spain. Use it when a payment to D.b. Securities, S.a., S.v.b. does not need a specific branch.
What do the letters in SCURESM1XXX mean?
SCUR is the institution code of D.b. Securities, S.a., S.v.b., ES is the ISO code of Spain, M1 is the code for the city or region and XXX marks the main office.
Is SCURESM1 and SCURESM1XXX the same code?
Yes, they are. SCURESM1 is the 8-character version of SCURESM1XXX. XXX simply refers to the head office, so either version will reach D.b. Securities, S.a., S.v.b. in Madrid.
Do I need SCURESM1XXX 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. For other currencies you do need SCURESM1XXX.
How long does a transfer to D.b. Securities, S.a., S.v.b. take?
SEPA payments in euros usually arrive within one business day. Payments in other currencies can take 1–3 business days.
What is the cheapest way to send money to D.b. Securities, S.a., S.v.b.?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.