SWIFT/BIC code PAAYZAJ1XXX
PAAYZAJ1XXX belongs to Psg Asset Management (Pty) LTD 1st Floor Psg House in Cape Town, South Africa.
Code details
| SWIFT/BIC code | PAAYZAJ1XXX |
|---|---|
| 8-character code | PAAYZAJ1 |
| Branch code | XXX |
| Bank | Psg Asset Management (Pty) LTD 1st Floor Psg House |
| Branch | Head office |
| City | Cape Town |
| Country | South Africa |
The way the Psg Asset Management (Pty) LTD 1st Floor Psg House SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAAY Bank code
- 4 letters that identify the bank.
- ZA Country code
- 2 letters for the country (ISO 3166).
- J1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank is behind SWIFT/BIC code PAAYZAJ1XXX?
PAAYZAJ1XXX identifies the main office of Psg Asset Management (Pty) LTD 1st Floor Psg House in Cape Town, South Africa. Use it when you send money to an account at Psg Asset Management (Pty) LTD 1st Floor Psg House.
How long does a transfer to Psg Asset Management (Pty) LTD 1st Floor Psg House take?
A SWIFT payment usually takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker and cheaper.
Are PAAYZAJ1 and PAAYZAJ1XXX the same code?
Yes. PAAYZAJ1 is the 8-character version of PAAYZAJ1XXX. XXX simply refers to the head office, so either version routes your payment to Psg Asset Management (Pty) LTD 1st Floor Psg House in Cape Town.
What does each part of PAAYZAJ1XXX mean?
PAAY is the institution code of Psg Asset Management (Pty) LTD 1st Floor Psg House, ZA is the ISO code of South Africa, J1 is the location code and XXX means the head office.
Which details do I need for a transfer to an account at Psg Asset Management (Pty) LTD 1st Floor Psg House?
You need the SWIFT/BIC code PAAYZAJ1XXX, the IBAN or local account number of the recipientand the name of the account holder. South Africa uses international SWIFT transfers, so always include the BIC.
What happens if I use PAAYZAJ1XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PAAYZAJ1XXX against the details from Psg Asset Management (Pty) LTD 1st Floor Psg House before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.