Send money in local currency other than €

How is an international transfer made?

You just need to follow these steps:

1. Go to the transfers section.
2. Select a new recipient or choose an existing contact. You can also reuse previous transfers and then change what you need.
3. Enter the basic amount and currency information, with the payment details.

You can set up transfers for another day (scheduled option) and periodically (standing option), and have them executed regularly every week, month, quarter, etc.

What is the BIC/SWIFT code?

The BIC (Bank Identifier Code) or SWIFT is used to identify the beneficiary (or receiving) bank of a transfer. This information is required in order to transfer money internationally outside the SEPA. This is an international alphanumeric code that can contain 8 or 11 characters: if it is the 11-number format, the last 3 characters are the branch of the beneficiary entity, which is generally ###. For example, BBVAESMM### is the BIC code for BBVA (bank), ES (country, Spain), MM (Madrid, town/city) and ### (bank branch code).

What does SEPA stand for?

The SEPA (Single Euro Payments Area) consists of 34 countries (all the European Union member States, along with Iceland, Liechtenstein, Norway, Great Britain, Switzerland, Monaco and San Marino), and features simplified payments in euros, all made with the same conditions and rights. Gran Bretaña con el Brexit ha salido de la UE, pero no del área SEPA de pagos.

How is a SEPA account identified?

In the SEPA zone, only the IBAN (International Bank Account Number) is allowed to identify accounts. No other format can be used to make payments.

What information does the IBAN account format contain?

We need the account's IBAN number for any financial transaction. Dicho número IBAN consta de un código de país formado por dos letras seguidas de otros dos dígitos de control, a los que se añaden hasta 30 números para la cuenta bancaria. It cannot be longer than 34 characters. In Spain, it consists of 24 digits, two for the country code (ES), a two-digit control code, and the usual 20 digits of the CCC format

Can I make international transfers to accounts without an IBAN number?

Yes, if the destination country is not in the SEPA zone, it won't need an IBAN format. In this case, it is very important to make sure that the account is correct, since if it is not, additional fees and time will be required to undo the mistake.

How long does a transfer take?

The money arrives the next business day at the latest, once it is received by the destination bank. Factors such as the cut-off time may cause an additional day's delay.
The payment time varies depending on the execution order (transfer type), geographical area of the destination account and currency.

Type of transfer	Payment
Type of transfer Transfer	Payment Immediate
Type of transfer Instant transfer	Payment Maximum of 10 seconds, available 24/7
Type of transfer Regular SEPA transfer	Payment 1 business day
Type of transfer Instant SEPA transfer	Payment 20 seconds
Type of transfer International transfer	Payment From 1 to 5 days

How much does an international transfer cost?

The fee applied will depend on the payment currency and the destination country. If there is a currency conversion, the applicable exchange rate will be specified.

Before signing the transaction, you will be informed of the exact amount of the expenses and fees involved in the transaction and the exchange rate, if any.

Can I repeat an international transfer?

Yes, you can reuse the details from an international transfer, and before placing it again, you can edit whatever information you need.

Can I set up an international transfer for later?

Yes, you can set up the transfer to be made on whatever day you want, and even schedule it to be repeated several times. Our app has detailed, easy-to-follow steps.

How can I view the international transfers received that are pending payment into my account?

The status of international transfers pending receipt cannot be viewed until they have been paid into the account.

Can I make international transfers from an account in another currency?

Yes, from a currency account you can make international transfers in both the account currency and in euros. The transfer will be made by default in the currency of the source account, but you can choose to make it in euros. This type of transfers can only be one-off, they cannot be standing orders or deferred.

Can I view the status of an international transfer issued?

Yes, in the private area of bbva.es and in the app you can find out if it has already been issued, the date on which it left BBVA, the date on which the payee's bank receives it and the date of payment into the payee's account.