SWIFT/BIC code TESOESM1SWP
TESOESM1SWP belongs to Tesoro Publico Traspaso de Depositos in Madrid, Spain.
Code details
| SWIFT/BIC code | TESOESM1SWP |
|---|---|
| 8-character code | TESOESM1 |
| Branch code | SWP |
| Bank | Tesoro Publico Traspaso de Depositos |
| Branch | Colateral Swaps |
| City | Madrid |
| Country | Spain |
The way the Tesoro Publico Traspaso de Depositos SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TESO 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.
- SWP 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 SWIFT code TESOESM1SWP?
TESOESM1SWP identifies Colateral Swaps, a branch or department of Tesoro Publico Traspaso de Depositos in Madrid, Spain. Use this branch code only when the recipient or their bank explicitly asks for it.
Can I use TESOESM1 instead of TESOESM1SWP?
TESOESM1 is the main office of Tesoro Publico Traspaso de Depositos, while TESOESM1SWP is Colateral Swaps. For a normal transfer the head office code is usually fine, yet use TESOESM1SWP if the recipient asks for it.
How long does it take to send money to Tesoro Publico Traspaso de Depositos?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need TESOESM1SWP for a euro transfer to Spain?
Spain belongs to the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need TESOESM1SWP.
Does Tesoro Publico Traspaso de Depositos have other SWIFT/BIC codes?
Yes, we list 2 SWIFT/BIC codes for Tesoro Publico Traspaso de Depositos in Spain, for the head office and several branches or departments. You can see them all on the bank page.
What happens if I use TESOESM1SWP incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check TESOESM1SWP with the recipient before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.