SWIFT Code DEEEESM10BB — BANCO DE DESARROLLO ECONOMICO ESPANOL, BARCELONA

About SWIFT Code DEEEESM10BB — BANCO DE DESARROLLO ECONOMICO ESPANOL, BARCELONA

SWIFT code DEEEESM10BB is the official 11-character branch-specific BIC (Bank Identifier Code) for BANCO DE DESARROLLO ECONOMICO ESPANOL in BARCELONA, 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 DE DESARROLLO ECONOMICO ESPANOL for all outward international remittances from BARCELONA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code DEEEESM10BB

The code DEEEESM10BB follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code DEEEESM10BB

Receiving International Wire Transfers

To receive money from abroad at your BANCO DE DESARROLLO ECONOMICO ESPANOL account in BARCELONA, share SWIFT code DEEEESM10BB 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 DE DESARROLLO ECONOMICO ESPANOL, BARCELONA must provide SWIFT code DEEEESM10BB. 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 DE DESARROLLO ECONOMICO ESPANOL in BARCELONA rely on SWIFT code DEEEESM10BB 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 DE DESARROLLO ECONOMICO ESPANOL →

For cheque clearing or NACH mandates, use the MICR code for BANCO DE DESARROLLO ECONOMICO ESPANOL →

For TDS challan deposits, find the BSR code for BANCO DE DESARROLLO ECONOMICO ESPANOL →

How SWIFT Code DEEEESM10BB Routes an International Transfer

1. Initiation: The sender provides SWIFT code DEEEESM10BB 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 DE DESARROLLO ECONOMICO ESPANOL.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANCO DE DESARROLLO ECONOMICO ESPANOL receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code DEEEESM10BB

• Spaces or lowercase letters — Always enter DEEEESM10BB uppercase with no spaces.
• Using the wrong city — This code is for BARCELONA 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 DEEEESM10BB directly with BANCO DE DESARROLLO ECONOMICO ESPANOL's BARCELONA branch or via the SWIFT BIC Directory.