SWIFT Code BPAVESM1 — BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V., MADRID

About SWIFT Code BPAVESM1 — BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V., MADRID

SWIFT code BPAVESM1 is the official 8-character head-office BIC (Bank Identifier Code) for BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. 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 BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. 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 BPAVESM1

The code BPAVESM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BPAVESM1

Receiving International Wire Transfers

To receive money from abroad at your BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. account in MADRID, share SWIFT code BPAVESM1 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 BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V., MADRID must provide SWIFT code BPAVESM1. 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 BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. in MADRID rely on SWIFT code BPAVESM1 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 BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. →

For cheque clearing or NACH mandates, use the MICR code for BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. →

For TDS challan deposits, find the BSR code for BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. →

How SWIFT Code BPAVESM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BPAVESM1 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 BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BPAVESM1

• Spaces or lowercase letters — Always enter BPAVESM1 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 BPAVESM1 directly with BBVA AND PARTNERS ALTERNATIVE INVESTMENTS S.A., A.V.'s MADRID branch or via the SWIFT BIC Directory.