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SWIFT Code for SANTANDER SECURITIES SERVICES SA in Spain

BSSSES31XXX

The primary BIC/SWIFT code for SANTANDER SECURITIES SERVICES SA in Spain is BSSSES31XXX. This code is used to identify the bank as a whole during international financial transactions.

Bank Information
BSSSES31XXX
Bank Name SANTANDER SECURITIES SERVICES SA
Bank Address AV CANTABRIA S/N, BOADILLA DEL MONTE, MADRID, 28660
City BOADILLA DEL MONTE
Postcode 28660
Country
๐Ÿ‡ช๐Ÿ‡ธ Spain
Bank Code BSSS
Country Code ES
Location Code 31
Branch Code XXX

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Sending Money to SANTANDER SECURITIES SERVICES SA in BOADILLA DEL MONTE

Follow these three steps to ensure your international wire transfer reaches the correct account at the BOADILLA DEL MONTE branch without delays or hidden intermediary fees.

  1. Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For Spain, IBANs typically start with the prefix ES.
  2. Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter BSSSES31XXX. This unique 11-character identifier ensures the funds are routed specifically to the SANTANDER SECURITIES SERVICES SA systems in BOADILLA DEL MONTE.
  3. Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for Spain transactions.

Where can I find my SWIFT/BIC code?

You can find your SWIFT/BIC code in several easy-to-locate places:

  • On your bank statements, either printed or online.
  • Inside your online banking portal, under account information.
  • On your bank’s official website, usually in their international banking or FAQ section.
  • By directly contacting your bank’s customer service.

Online resources like SWIFT Codes Finder can be really helpful.

Example of transaction information

  1. Beneficiary Name: [Recipient Name]
  2. Bank: [Bank Name]
  3. SWIFT/BIC Code: [SWIFT Code]
  4. Bank Address: [Street, City, Country]
  5. Account Number/IBAN: [Account Number or IBAN]

Frequently Asked Questions

Is BSSSES31XXX the correct code for all SANTANDER SECURITIES SERVICES SA branches?

No. While many banks use a "Head Office" code ending in XXX, the code BSSSES31XXX is specifically assigned to the BOADILLA DEL MONTE location. Using this specific 11-character code helps the bank’s automated systems credit the recipient’s account faster than using a generic national code.

Can I use this code for a SEPA transfer to Spain?

Yes. If you are sending Euro-denominated funds from another SEPA-member country, you can use this BIC/SWIFT code alongside the recipient’s IBAN. However, most modern European banks only require the IBAN to route SEPA payments automatically.

How long does a transfer to SANTANDER SECURITIES SERVICES SA usually take?

International transfers to SANTANDER SECURITIES SERVICES SA using the SWIFT network typically take 1 to 3 business days. Factors that can cause delays include:

  • Time zone differences between the sender and Spain.
  • Local public holidays in Spain.
  • Required "Know Your Customer" (KYC) checks for large amounts.

Are there fees for receiving money at the BOADILLA DEL MONTE branch?

Most banks in Spain charge an "Incoming Wire Fee" for international transfers. For SANTANDER SECURITIES SERVICES SA, these fees vary based on the account type but typically range from a small flat fee to a percentage of the total. It is recommended to send funds using the "OUR" instruction if you want the recipient to receive the exact amount sent.

What happens if I use the wrong SWIFT code?

If you use a code for a different branch of SANTANDER SECURITIES SERVICES SA, the money will usually still arrive but may be delayed by 24–48 hours as it is manually rerouted. If you enter a completely incorrect code, the funds will likely be returned to your account within 5–10 business days, minus any processing fees.

Do I need a SANTANDER SECURITIES SERVICES SA SWIFT code for international money transfers?

Yes. If you are sending money from abroad to an account at SANTANDER SECURITIES SERVICES SA, you will almost certainly need their SWIFT code (also known as a BIC).

The SWIFT code BSSSES31XXX acts as a digital address for the BOADILLA DEL MONTE branch. Without it, the sending bank won’t know which specific institution in Spain should receive the funds, which often leads to the transfer being rejected or stuck in "limbo". However, the requirements change slightly depending on where the money is coming from:

  • Transfers from outside the EU/EEA (e.g., USA, Canada, India): A SWIFT code is mandatory. You must provide BSSSES31XXX along with the recipient’s name and IBAN.
  • Transfers from within Europe (SEPA): If the sender is in a SEPA-member country, many modern banks only require the IBAN. However, providing the SWIFT code BSSSES31XXX is still recommended as a backup to ensure the transfer is routed instantly to the BOADILLA DEL MONTE branch.
  • Domestic Transfers: If you are sending money from another bank inside Spain, you typically do not need a SWIFT code; a local account number or IBAN is sufficient.

Pro Tip: Always double-check the 8th and 11th characters. For SANTANDER SECURITIES SERVICES SA, using the specific branch code BSSSES31XXX instead of the generic head office code ensures the money hits the correct local ledger in BOADILLA DEL MONTE without manual intervention.