BANCO DE PROMOCION DE NEGOCOS S.A.

PRNEESM1

BANCO DE PROMOCION DE NEGOCOS S.A. is identified on the SWIFT network by the BIC code PRNEESM1, registered in SPAIN, settling primarily in EUR. International wire transfers routed through this institution can be tracked free of charge by pasting your UETR or payment reference on the Ohmyfin homepage.

BIC structure (ISO 9362)

InstitutionCountryLocation
PRNEES — SpainM1 (live BIC)
SWIFT/BICPRNEESM1 (head office, 8-char)
BankBANCO DE PROMOCION DE NEGOCOS S.A.
CountrySPAIN (ISO ES)
Primary currencyEUR (inferred from country)
EUR (Euro) settlement: clears via TARGET2. TARGET2 same day; SWIFT MT103 1-2 days.
Corridor timing to SPAIN: Same day EUR via TARGET2. Settlement system: TARGET2. Banco de España clearing.
Track a payment through BANCO DE PROMOCION DE NEGOCOS S.A. — free

About this SWIFT/BIC code

The SWIFT/BIC (Business Identifier Code) is the international standard ISO 9362 for identifying financial institutions in cross-border payments. PRNEESM1 uniquely identifies BANCO DE PROMOCION DE NEGOCOS S.A. in SPAIN on the SWIFT network and is used as the routing identifier in field 57A of an MT103 message (or the equivalent BICFI element in an ISO 20022 pacs.008).

Because PRNEESM1 is an 8-character BIC, it addresses the head office. Branch-level BICs append three additional characters (for example, PRNEESM1XXX for the primary office) and are used when a specific branch must be addressed.

Payments routed through BANCO DE PROMOCION DE NEGOCOS S.A. can be tracked end-to-end via SWIFT GPI when both the sender and receiver are GPI-enabled. Ohmyfin provides free public lookup of any UETR — paste yours on the homepage to see the latest available status, including which correspondent banks the payment has passed through.

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Frequently asked questions

What does SWIFT/BIC code PRNEESM1 stand for?

PRNEESM1 is the unique SWIFT/BIC code identifying BANCO DE PROMOCION DE NEGOCOS S.A. in SPAIN. The first four characters (PRNE) are the institution code; the next two (ES) are the ISO 3166-1 country code for Spain; the next two (M1) are the location code; no branch code is present, so this BIC addresses the head office.

How do I track a payment sent to BANCO DE PROMOCION DE NEGOCOS S.A.?

Use the Ohmyfin SWIFT tracker on the homepage. Paste the UETR (field 121) or the payment reference (field 20) and Ohmyfin returns the latest available SWIFT GPI status, including each correspondent bank the payment passed through on the way to BANCO DE PROMOCION DE NEGOCOS S.A..

Is PRNEESM1 an 8-character or 11-character BIC?

PRNEESM1 is 8 characters long — head-office BIC (8-char). An 8-character BIC identifies the bank's head office; an 11-character BIC identifies a specific branch. Both are valid in MT103 field 57A.

What currency does BANCO DE PROMOCION DE NEGOCOS S.A. settle in?

BANCO DE PROMOCION DE NEGOCOS S.A.'s primary settlement currency is EUR (Euro). EUR clears via TARGET2. TARGET2 same day; SWIFT MT103 1-2 days.

How long does a SWIFT payment to SPAIN take?

Same day EUR via TARGET2. Settlement system: TARGET2. Banco de España clearing.

Why might a payment to BANCO DE PROMOCION DE NEGOCOS S.A. be delayed?

Most delays at the beneficiary bank come from sanctions/AML screening on the ordering customer, missing remittance information in field 70, or arrival after the local RTGS cut-off. Use Ohmyfin to see which hop is holding the payment so you can chase the right party.

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