SWIFT Code PARBESMH — BNP PARIBAS SECURITIES SERVICES, SPAIN, MADRID

About SWIFT Code PARBESMH — BNP PARIBAS SECURITIES SERVICES, SPAIN, MADRID

SWIFT code PARBESMH is the official 8-character head-office BIC (Bank Identifier Code) for BNP PARIBAS SECURITIES SERVICES, SPAIN 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 BNP PARIBAS SECURITIES SERVICES, SPAIN 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 PARBESMH

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

When to Use SWIFT Code PARBESMH

Receiving International Wire Transfers

To receive money from abroad at your BNP PARIBAS SECURITIES SERVICES, SPAIN account in MADRID, share SWIFT code PARBESMH 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 BNP PARIBAS SECURITIES SERVICES, SPAIN, MADRID must provide SWIFT code PARBESMH. 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 BNP PARIBAS SECURITIES SERVICES, SPAIN in MADRID rely on SWIFT code PARBESMH 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 BNP PARIBAS SECURITIES SERVICES, SPAIN →

For cheque clearing or NACH mandates, use the MICR code for BNP PARIBAS SECURITIES SERVICES, SPAIN →

For TDS challan deposits, find the BSR code for BNP PARIBAS SECURITIES SERVICES, SPAIN →

How SWIFT Code PARBESMH Routes an International Transfer

1. Initiation: The sender provides SWIFT code PARBESMH 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 BNP PARIBAS SECURITIES SERVICES, SPAIN.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BNP PARIBAS SECURITIES SERVICES, SPAIN receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PARBESMH

• Spaces or lowercase letters — Always enter PARBESMH 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 PARBESMH directly with BNP PARIBAS SECURITIES SERVICES, SPAIN's MADRID branch or via the SWIFT BIC Directory.