SWIFT Code BECKESM1 — BEAR, CROSBY AND PIKE, A.V., S.A., MADRID

About SWIFT Code BECKESM1 — BEAR, CROSBY AND PIKE, A.V., S.A., MADRID

SWIFT code BECKESM1 is the official 8-character head-office BIC (Bank Identifier Code) for BEAR, CROSBY AND PIKE, A.V., 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 BEAR, CROSBY AND PIKE, A.V., 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 BECKESM1

The code BECKESM1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BECKESM1

Receiving International Wire Transfers

To receive money from abroad at your BEAR, CROSBY AND PIKE, A.V., S.A. account in MADRID, share SWIFT code BECKESM1 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 BEAR, CROSBY AND PIKE, A.V., S.A., MADRID must provide SWIFT code BECKESM1. 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 BEAR, CROSBY AND PIKE, A.V., S.A. in MADRID rely on SWIFT code BECKESM1 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 BEAR, CROSBY AND PIKE, A.V., S.A. →

For cheque clearing or NACH mandates, use the MICR code for BEAR, CROSBY AND PIKE, A.V., S.A. →

For TDS challan deposits, find the BSR code for BEAR, CROSBY AND PIKE, A.V., S.A. →

How SWIFT Code BECKESM1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BECKESM1 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 BEAR, CROSBY AND PIKE, A.V., S.A..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BEAR, CROSBY AND PIKE, A.V., S.A. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BECKESM1

• Spaces or lowercase letters — Always enter BECKESM1 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 BECKESM1 directly with BEAR, CROSBY AND PIKE, A.V., S.A.'s MADRID branch or via the SWIFT BIC Directory.