SWIFT Code BSUIESMM — CREDIT AGRICOLE CIB, MADRID

About SWIFT Code BSUIESMM — CREDIT AGRICOLE CIB, MADRID

SWIFT code BSUIESMM is the official 8-character head-office BIC (Bank Identifier Code) for CREDIT AGRICOLE CIB 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 CREDIT AGRICOLE CIB 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 BSUIESMM

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

When to Use SWIFT Code BSUIESMM

Receiving International Wire Transfers

To receive money from abroad at your CREDIT AGRICOLE CIB account in MADRID, share SWIFT code BSUIESMM 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 CREDIT AGRICOLE CIB, MADRID must provide SWIFT code BSUIESMM. 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 CREDIT AGRICOLE CIB in MADRID rely on SWIFT code BSUIESMM 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 CREDIT AGRICOLE CIB →

For cheque clearing or NACH mandates, use the MICR code for CREDIT AGRICOLE CIB →

For TDS challan deposits, find the BSR code for CREDIT AGRICOLE CIB →

How SWIFT Code BSUIESMM Routes an International Transfer

1. Initiation: The sender provides SWIFT code BSUIESMM 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 CREDIT AGRICOLE CIB.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CREDIT AGRICOLE CIB receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BSUIESMM

• Spaces or lowercase letters — Always enter BSUIESMM 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 BSUIESMM directly with CREDIT AGRICOLE CIB's MADRID branch or via the SWIFT BIC Directory.