SWIFT Code BKAUESM1 — BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG, MADRID

About SWIFT Code BKAUESM1 — BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG, MADRID

SWIFT code BKAUESM1 is the official 8-character head-office BIC (Bank Identifier Code) for BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG 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 BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG 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 BKAUESM1

The code BKAUESM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BKAUESM1

Receiving International Wire Transfers

To receive money from abroad at your BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG account in MADRID, share SWIFT code BKAUESM1 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 BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG, MADRID must provide SWIFT code BKAUESM1. 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 BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG in MADRID rely on SWIFT code BKAUESM1 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 BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG →

For cheque clearing or NACH mandates, use the MICR code for BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG →

For TDS challan deposits, find the BSR code for BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG →

How SWIFT Code BKAUESM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BKAUESM1 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 BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BKAUESM1

• Spaces or lowercase letters — Always enter BKAUESM1 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 BKAUESM1 directly with BANK AUSTRIA CREDITANSTALT INTERNATIONAL AG's MADRID branch or via the SWIFT BIC Directory.