Does BANCO DE DEPOSITOS S.A. accept SEPA Instant?

BANCO DE DEPOSITOS S.A. (BDEPESM1XXX, MADRID, Spain) has been registered for SEPA Instant since 6 February 2023 according to the EPC register.

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Registered for SEPA Instant

Listed in the EPC SCT Inst register. Registration does not guarantee every transfer will be accepted.

Institution
BANCO DE DEPOSITOS S.A.
BIC / SWIFT
BDEPESM1XXX
City
MADRID
Country
Spain

SEPA scheme participation

SchemeStatusReadiness date
SEPA Credit Transfer (SCT)Registered5 May 2008
SEPA Instant (SCT Inst)Registered6 February 2023
SEPA Direct Debit CoreRegistered1 November 2010
SEPA Direct Debit B2BRegistered6 February 2024

Spain is in the euro area. Under Regulation (EU) 2024/886, its banks must be able to receive instant euro transfers since 9 January 2025 and send them since 9 October 2025. Payment and e-money institutions have until 9 April 2027.

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Frequently asked questions

Does BANCO DE DEPOSITOS S.A. accept SEPA Instant transfers?

It has been listed in the EPC SCT Inst register since 6 February 2023.

What is the BIC code of BANCO DE DEPOSITOS S.A.?

BDEPESM1XXX.