Banco Mediolanum, S.A. SWIFT/BIC code

What BFIVESBB means for a payment to Banco Mediolanum, S.A.

BFIVESBB and BFIVESBBXXX are the short and the long form of the same bank identifier, and both lead to Banco Mediolanum, S.A. in Barcelona. Every bank on the SWIFT network uses BIC codes to route international transfers to the right bank. You will need it mostly when dealing with payments that cross a border and payments in foreign currencies.

This page is meant to help people who receives money at an account at Banco Mediolanum, S.A. without mistakes. The SWIFT code on its own cannot identify a personal account; that is what the account number or IBAN is for.

How long does an international transfer to Banco Mediolanum, S.A. take?

How quickly a transfer arrives at Banco Mediolanum, S.A. depends on several factors: which currency you send, the number of banks in between, cut-off times and differences in time zone. Bank holidays in the sending or receiving country can add a day or more, since banks do not process on those days. Extra checks by one of the banks can also add some delay.

If the money is late, contact your bank about the tracking status; with that reference banks can see where the payment is. Save the payment confirmation until the recipient confirms.

A delayed transfer has to be traced from the sending side. Ask the sender for a copy of the payment confirmation with the date and reference.

What a transfer from Banco Mediolanum, S.A. abroad really costs

When you transfer money to another country from Banco Mediolanum, S.A., the visible fee is only part of the cost. There is the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate.

That exchange rate margin tends to be the largest item, and it is easy to miss. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For many currency pairs, a specialist provider is cheaper than a bank. On GoldexPay you can compare the amount that arrives with different services, which makes the cheapest option easy to spot. You can still use your account at Banco Mediolanum, S.A. as the source of the money, while a cheaper service handles the conversion.

Changed bank details? Be careful

Fraudsters often send fake invoices containing new bank details, sometimes in an email that looks completely genuine. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Verify changed bank details via a different channel, such as a phone number you already know, never via the email that asked for the change. Pressure or requests to keep it quiet tend to be warning signs – a real supplier can wait a day. Already paid? Contact the bank you paid from straight away and ask them to start a recall and report the fraud.

Recipients can be targeted as well: a classic trick is a buyer who pays too much followed by a request to refund the difference to another account. Do not act before the money has really arrived and check with Banco Mediolanum, S.A. if anything seems off.

Getting paid from abroad into a Banco Mediolanum, S.A. account

Someone abroad who wants to pay you will ask for several details from you. What they need is: your name, IBAN or account number, BFIVESBBXXX or BFIVESBB and, for some countries, your postal address.

You can add the bank name and its city as well. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the incoming amount is smaller than what the sender paid. Charges on incoming payments vary per bank. On invoices, you can state who bears the costs, so that nobody is left short.

Choosing between the 2 SWIFT codes of Banco Mediolanum, S.A.

Our database contains 2 SWIFT/BIC codes for Banco Mediolanum, S.A. in 1 places. Next to the head office code BFIVESBBXXX, there are codes for regional offices and specialised units.

Unless the recipient tells you otherwise, use BFIVESBBXXX or its short form BFIVESBB. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes are sometimes changed or retired when banks reorganise.

A note on our data

We collect bank codes from publicly available data and update our list regularly. It can happen that information here is no longer current. Counts and locations are from our own dataset.

For a payment of any size, always check the BIC with Banco Mediolanum, S.A. or the recipient. GoldexPay has no connection to Banco Mediolanum, S.A.. Spotted an error? Let us know through the contact page and we will look into it.

Euro (EUR) and conversion costs

Accounts at Banco Mediolanum, S.A. are typically held in EUR, the local currency of Spain. When you pay money in a different currency, the amount gets converted at some point: by your bank, an intermediary or Banco Mediolanum, S.A. itself. You rarely see a separate line for that conversion.

Who converts the payment makes a difference: every bank has its own margin. Often you pay less if you send EUR straight away via a transfer service with a good rate, so that the receiving bank does not need to convert again.

The EUR rate changes throughout the day. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

SEPA payments and the Banco Mediolanum, S.A. BIC

Inside SEPA, euro transfers to Banco Mediolanum, S.A. use common rules and in most cases need only the IBAN. The BIC field is often optional in that case.

The BIC still matter for payments in other currencies and when the money comes from outside SEPA. Some forms also show a field for the BIC out of habit; if so, enter BFIVESBB.

SEPA transfers normally land by the next business day, and instant transfers in seconds where both banks support them. Provided the payment stays in euros, the transfer tends to be cheap.

BFIVESBB or BFIVESBBXXX – which one to use?

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. Together, those parts form BFIVESBB – the version you usually see online.

XXX at the end of BFIVESBBXXX does not stand for a placeholder or a mistake: it indicates the head office of Banco Mediolanum, S.A.. Some forms insist on 11 characters, and then you can enter XXX behind BFIVESBB.

Type the code as one block, in capitals and without spaces, exactly as shown here. Look out for the letter O and the digit 0 and I versus 1, a common source of typos.

How to check BFIVESBB before you pay

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check that code with BFIVESBB on this page.

A wrong SWIFT code can cause delays, a returned payment or extra fees. A mistake in the IBAN or account number is more serious, so check that just as carefully.

Most online banking apps validate the format of IBANs, but that does not prove the account belongs to the right person. If your bank offers it, a payee name check before sending gives extra certainty. For a first payment, many people send a small amount first and wait for confirmation.