What Is The Swift Code For Banco Bilbao Vizcaya (BBVA) in Spain?

What Is The Swift Code For Banco Bilbao Vizcaya (BBVA) Spain?

Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) is a Bank located in Madrid Spain, Europe. Current Assets for BBVA is $807,257,167,152 and SWFI has 4 periods of historical assets, 7 transactions, 2 personal contacts available for CSV Export. It was formed in 1999 from a merger of Banco Bilbao Vizcaya, founded in 1857, and Argentaria

. It provides financial services in over 30 countries. The group has a leading position in the Spanish market, where it began operating over 150 years ago. It also has franchises in South America, where it is the main financial institution in Mexico. It is one of the 15 biggest banks in the United States, where it has a franchise in the Sunbelt region. In March 2017 BBVA acquired a 49.85% ownership of GarantiBank, Turkey.

What is a SWIFT code?

SWIFT codes (sometimes known as a SWIFT Number) are 8 to 11 characters long and made of both letters and numbers. You can typically find them on a bank statement or on your bank’s website. The SWIFT code is a format of your BIC (Bank Identification Code), and the two terms are used interchangeably. SWIFTs or BICs are unique identification codes for the particular bank that holds your account.

These codes are used to transfer money between banks, in particular for wire transfers or SEPA payments.

There are four components to a standard SWIFT/BIC code, these include:

Bank code

Country code

Location code

Occasionally the branch code may be included but this is optional

The SWIFT (Society for Worldwide Interbank Financial Telecommunications) system allows banks and financial institutions to send and receive secure messages regarding payment instructions.

SWIFT versus IBAN

Depending on where you’re sending money to, you might be asked for an IBAN number as well as a SWIFT code. This is an international bank account number - used for identifying a specific bank account within an institution. You can think of it like giving directions to someone - the SWIFT code will get them as far as the right building, but they’ll also need the IBAN to find the specific apartment.

IBANs are not used by all countries. You’ll need an IBAN for payments to countries within Europe, but not for a transfer to the US, for example. Check the requirements for the country you’re sending to before you start making your payment.

SWIFT versus BIC

You may be asked for a BIC code - or even a SWIFT/BIC - instead of a SWIFT code. In this case, SWIFT and BIC codes are the same.

BIC stands for business identifier code. When the business you’re looking for is a bank, the specific type of identifier used is a SWIFT code.

What do BBVA SWIFT codes look like in Spain?

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The SWIFT code consists of 8 to 11 characters (letters and digits) and for BBVA in Spain, the SWIFT code has the following format:

BBVAES

• BBVA - First 4 characters (only letters) - BBVA code.
• ES - Next 2 characters (only letters) - Spain´s ISO code.
• Next 2 characters (letters and digits) - location code.
• Last 3 characters (letters and digits) – bank branch (optional).

SWIFT codes of BBVA in Spain

Find below an extensive A to Z list of the SWIFT codes of BBVA in Spain:

How to transfer money using a SWIFT code in Spain?

You can make an international transfer through your regular bank or a specialist provider. If you choose to send money through your bank you may be able to set up your payment online or by phone. Or you can call into a branch to make arrangements - although this is sometimes more expensive than making a payment through online banking.

Using a specialist in international payments can be a cheaper and easier way to send money to Spain. You'll be able to send money online and have it delivered directly to your recipient's bank account. Compare a few providers to find the best fee and exchange rate, and then simply select 'send money to get started.

How to Find the Swift Code for a Bank

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1. Recognizing and Using a SWIFT Code

Look for a sequence of 8 or 11 characters. A SWIFT code is 8-11 numbers and letters that help make transferring money overseas a more secure process. The SWIFT code can be found on a bank's website, on your bank statement, or through an online search. Make sure you copy down the correct characters when recording a SWIFT code, and check that it has 8 or 11 characters.

The first 4 characters stand for the bank to which money is being transferred. The next 2 represent the country the bank is located in, and the 2 characters after that signify the city. The last 3 characters represent a specific branch or office, but they aren't always included.

Use a SWIFT code to send money internationally. If you're sending money overseas, you'll need to find out the SWIFT code of the bank that will be receiving the payment. Either ask the person or business that you're sending money to what their bank's SWIFT code is, or see if you can look it up online.

Use a SWIFT code to receive money internationally. If you'll be receiving money from overseas, make sure you give your bank's SWIFT code to the person or business that will be paying you. In order for them to send you money, their bank will need your bank's SWIFT code.

2. Finding a Bank's SWIFT Code

Call the bank and ask an employee for the SWIFT code. One of the easiest ways to figure out your bank's SWIFT code is to simply call and ask. Bank tellers and employees will be able to tell you what the SWIFT code is as well as the steps you need to take to make the money transfer.

• If you need to find out the SWIFT code of a bank that isn't in the country and would require an international call, it might be best to look online first.

Go to the bank's website and see if they have their SWIFT code listed. Whether you're looking for your bank's SWIFT code or a different bank's SWIFT code, go to their website and see if they have the code listed.

• Check the bank website's FAQS, international payments, or other related links.
• If the bank's website has a search feature, type "SWIFT code" into the search box.

Ask the person or business you intend on paying for their bank's SWIFT code. If it isn't your own bank's SWIFT code that you're looking for, contact the business or person that you'll be sending money to and ask them to give you their bank's SWIFT code.

• If the person or business isn't sure what their bank's SWIFT code is, ask them for their bank's name and you can look it up online.

Check your bank statement to find your bank's SWIFT code. Banks will often put their SWIFT code on bank statements. Check one of your recent statements to see if the SWIFT code is listed. If you don't receive paper statements, log in to your bank account online and view your statement there.

Search online using a SWIFT code site. Another easy way to find the SWIFT code for a bank is to search online. Several websites, such as theswiftcodes.com or bankswiftcode.org, help you find a bank's SWIFT code by choosing your country and then the name of your bank.

How to Receive An International Wire Transfer BBVA's Banking Services? Nowadays, with the advent of smartphones and mobile banking apps and BBVA Compass Mobile Banking App, sending money is easier than ever without being time-consuming ...

What is Banco Bilbao Vizcaya (BBVA): History, Founder, Pros and Cons What is Banco Bilbao Vizcaya and when was it established? Scroll down this article to know more detail about BBVA!