SWIFT/BIC code TESSESM1XXX
TESSESM1XXX belongs to Tesoreria General de la Seguridad Social in Madrid, Spain.
Code details
| SWIFT/BIC code | TESSESM1XXX |
|---|---|
| 8-character code | TESSESM1 |
| Branch code | XXX |
| Bank | Tesoreria General de la Seguridad Social |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Tesoreria General de la Seguridad Social SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TESS 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
What bank is behind BIC TESSESM1XXX?
TESSESM1XXX identifies the main office of Tesoreria General de la Seguridad Social in Madrid, Spain. Use it when a payment to Tesoreria General de la Seguridad Social does not need a specific branch.
What does each part of TESSESM1XXX stand for?
TESS is the institution code of Tesoreria General de la Seguridad Social, ES is the ISO code of Spain, M1 is the code for the city or region and XXX means the main office.
What is the best way to send money to Tesoreria General de la Seguridad Social in Spain?
Banks often add 1–3% to the exchange rate on top of a fee. Check the amount that arrives in Euro with transfer services before you send.
What happens if I enter TESSESM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check TESSESM1XXX with the recipient before you confirm.
Is TESSESM1 and TESSESM1XXX the same SWIFT code?
Yes, they are. TESSESM1 is the 8-character version of TESSESM1XXX. The XXX at the end only refers to the head office, so both routes your payment to Tesoreria General de la Seguridad Social in Madrid.
How long does it take to send money to Tesoreria General de la Seguridad Social?
Euro transfers within SEPA usually arrive within one business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.