SWIFT Code BBVAESM1CTM — BANCO BILBAO VIZCAYA ARGENTARIA S.A., MADRID

About SWIFT Code BBVAESM1CTM — BANCO BILBAO VIZCAYA ARGENTARIA S.A., MADRID

SWIFT code BBVAESM1CTM is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO BILBAO VIZCAYA ARGENTARIA S.A. in MADRID, Spain. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BANCO BILBAO VIZCAYA ARGENTARIA S.A. for all outward international remittances from MADRID. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BBVAESM1CTM

The code BBVAESM1CTM follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BBVAESM1CTM

Receiving International Wire Transfers

To receive money from abroad at your BANCO BILBAO VIZCAYA ARGENTARIA S.A. account in MADRID, share SWIFT code BBVAESM1CTM with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BANCO BILBAO VIZCAYA ARGENTARIA S.A., MADRID must provide SWIFT code BBVAESM1CTM. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BANCO BILBAO VIZCAYA ARGENTARIA S.A. in MADRID rely on SWIFT code BBVAESM1CTM for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BANCO BILBAO VIZCAYA ARGENTARIA S.A. →

For cheque clearing or NACH mandates, use the MICR code for BANCO BILBAO VIZCAYA ARGENTARIA S.A. →

For TDS challan deposits, find the BSR code for BANCO BILBAO VIZCAYA ARGENTARIA S.A. →

How SWIFT Code BBVAESM1CTM Routes an International Transfer

1. Initiation: The sender provides SWIFT code BBVAESM1CTM and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BANCO BILBAO VIZCAYA ARGENTARIA S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO BILBAO VIZCAYA ARGENTARIA S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BBVAESM1CTM

• Spaces or lowercase letters — Always enter BBVAESM1CTM uppercase with no spaces.
• Using the wrong city — This code is for MADRID only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Spain.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm BBVAESM1CTM directly with BANCO BILBAO VIZCAYA ARGENTARIA S.A.'s MADRID branch or via the SWIFT BIC Directory.