SAGDESM2 — SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER
SAGDESM2 is the SWIFT/BIC code for SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER in MADRID, Spain — an 8-character head-office code under ISO 9362.
SAGDESM2 is the SWIFT/BIC code for SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER in MADRID, Spain. It is an 8-character head-office identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER |
| Country | Spain (ES) |
| Location Code | M2 |
| Branch | None |
| Type | 8-character head-office code (BIC8) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
Verify SAGDESM2 in the live lookup → · IBAN Validator & Checker → · SWIFT Guide →
Frequently asked questions
What bank does the SWIFT code SAGDESM2 belong to?
The SWIFT code SAGDESM2 identifies SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER in MADRID, Spain. This head office code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code SAGDESM2 mean?
The 8 or 11 characters of SAGDESM2 are parsed as follows: characters 1-4 (SAGD) represent the bank code for SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER; characters 5-6 (ES) indicate the country code for Spain; characters 7-8 (M2) specify the location code; and the final characters (—) designate the specific branch.
Is the BIC code SAGDESM2 active on the SWIFT network?
Yes, the Business Identifier Code (BIC) SAGDESM2 is registered under ISO 9362 and is active for routing interbank messages. Location characters 'M2' designate it as a primary active participant.
Can I use the head office code SAGDESM2 instead of SAGDESM2?
Yes. The 8-character code SAGDESM2 represents the primary headquarters of SANTANDER ASSET MANAGEMENT, S.A. CIUDAD GRUPO SANTANDER. The 11-character code SAGDESM2 targets the head office directly. If the branch code is unknown, sending payments to SAGDESM2 (or SAGDESM2XXX) will route them to the main head office.
What is the physical address of the bank registered to SAGDESM2?
The physical address registered for SAGDESM2 is: AVENIDA CANTABRIA S/N, 28660, MADRID, Spain. Verify this address matches your recipient's branch details before initiating a transaction.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).