IBAN for Banco Santander
Banco Santander is a major bank in Spain. IBANs at Banco Santander are 24 characters long with SWIFT/BIC code BSCHESMMXXX. Spain's largest bank. Bank code 0049.
Banco Santander
Spain · EUR
How to Pay Banco Santander in Spain via Bitwage
Spain is in the SEPA zone. Bitwage routes payments to Banco Santander accounts via SEPA instant transfer — typically settling in under 10 seconds, with fees far below a SWIFT wire.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your Spain contractor. Enter their Banco Santander IBAN (24 characters) and SWIFT code BSCHESMMXXX.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD to EUR and routes via SEPA. Your contractor's Banco Santander account is credited — typically same day.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to Spain may require standard EU AML checks and contractor W-8BEN documentation. Bitwage handles this automatically for all Spain payments.
Key Terms & Resources
Other Banks in Spain
Also paying contractors at other Spain banks?
Banco Santander IBAN FAQ
Common questions about Banco Santander IBAN format, SWIFT code, and paying Spain contractors.
Banco Santander IBANs are 24 characters long and start with ES. A typical example is ES66 0049 0001 5121 1000 1234. Spain's largest bank. Bank code 0049. For international payments you will also need the SWIFT/BIC code BSCHESMMXXX.
The SWIFT/BIC code for Banco Santander is <strong>BSCHESMMXXX</strong>. This identifies Banco Santander on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Banco Santander IBAN to Bitwage's {{link:products/contractor-payments}} platform. Since Spain is in the SEPA bank transfer zone, Bitwage routes the payment via SEPA instant — typically settling in seconds at near-zero cost. No SWIFT wire fee.
Yes. With {{link:products/masspay}} you can include any number of Spain contractors — including multiple Banco Santander accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay Banco Santander in Spain
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.