SWIFT/BIC code WAFAESM1XXX
WAFAESM1XXX belongs to Wafabank in Madrid, Spain.
Code details
| SWIFT/BIC code | WAFAESM1XXX |
|---|---|
| 8-character code | WAFAESM1 |
| Branch code | XXX |
| Bank | Wafabank |
| Branch | Head office |
| City | Madrid |
| Country | Spain |
The way the Wafabank SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- WAFA 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 bank is behind SWIFT code WAFAESM1XXX?
The code WAFAESM1XXX belongs to the head office of Wafabank in Madrid, Spain. It is the code to use when you send money to an account at Wafabank.
What does each part of WAFAESM1XXX stand for?
WAFA is the institution code of Wafabank, ES stands for Spain, M1 is the code for the city or region and XXX marks the head office.
Are WAFAESM1 and WAFAESM1XXX the same SWIFT code?
Yes, they are. WAFAESM1 is the 8-character version of WAFAESM1XXX. The XXX at the end only refers to the head office, so both will reach Wafabank in Madrid.
Do I need WAFAESM1XXX for a euro transfer to Spain?
Spain is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you still need WAFAESM1XXX.
How long does it take to send money to Wafabank in Spain?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
What happens if I enter WAFAESM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check WAFAESM1XXX 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.