BANCO DE ESPANA SWIFT CODE - MADRID , TRD, Spain
ESPBESM1TRD
Understanding BANCO DE ESPANA SWIFT CODE - MADRID , TRD, Spain
Bank/Institute | ESPB | BANCO DE ESPANA | BANCO DE ESPANA SWIFT CODE |
Country | ES | Spain | SWIFT Code of all banks in Spain |
City | M1 | MADRID | SWIFT Code of all banks in MADRID, Spain |
Branch | TRD | (TRD) |
Understanding SWIFT Code / BIC Code
A SWIFT code, also called a BIC code, is used to identify banks and financial institutions worldwide. The term Business Identifier Code (BIC) is used interchangeably with SWIFT code and means the same thing. These codes facilitate money transfers between banks and are needed for international wires and SEPA payments. To make an international money transfer from one bank to another bank, you’ll need a SWIFT/BIC code.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), legally S.W.I.F.T. SC, is a Belgian cooperative society providing services related to the execution of financial transactions and payments between banks worldwide. Its principal function is to serve as the main messaging network through which international payments are initiated.
To find a SWIFT code, select your country, bank, and city using SWIFT Code Finder/ BIC Code Finder. Alternatively, you can browse swift code by country, swift code by city or swift code by bank.
![swift code format](../../images/swift-code-format.png)
SWIFT Code / BIC Code example
BBBB - First 4 characters - bank code (only letters)
CC - Next 2 characters - country code (only letters)
LL - Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
XXX - Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)
SWIFT Code / BIC Code - Frequently Asked Questions(FAQ)
What is swift code of BANCO DE ESPANA, MADRID , TRD, Spain?
What is swift code?
What is BIC?
How do I find a bank's SWIFT code?
What is SWIFT code example?
BBBB CC LL XXX
BBBB - First 4 characters - bank code (only letters)
CC - Next 2 characters - country code (only letters)
LL - Next 2 characters - location code, passive participant will have "1" in the second character (letters and digits)
XXX - Last 3 characters - branch code, optional - 'XXX' for primary office (letters and digits)