Spain
NEWGESM1 — Newedge Group (Madrid Branch)
NEWGESM1 is a SWIFT/BIC code for NEWEDGE GROUP (MADRID BRANCH) in MADRID. Use it when an international wire needs the receiving bank's SWIFT code.
Wiring to Newedge Group (Madrid Branch)? Check the rate and the fee side by side first. Compare wire costs →
SWIFT / BIC code
NEWGESM1
NEWGESM1 breaks down as NEWG for bank, ES for ctry, M1 for city.
MADRID · Spain
Bank information
- SWIFT / BIC
- NEWGESM1
- Branch
- Head office / main
- City
- MADRID
- Country
- Spain
International payments
Sending money to Newedge Group (Madrid Branch)?
A correspondent wire picks up a fee at each bank it passes through, and most of its real cost is buried in the exchange rate. Conversions are quoted at the mid-market rate, with the cost charged as a visible fee rather than buried in the rate.