SWIFT/BIC code PAERCZP1POF
PAERCZP1POF belongs to Payment Execution S.r.o. in Prague, Czechia.
Code details
| SWIFT/BIC code | PAERCZP1POF |
|---|---|
| 8-character code | PAERCZP1 |
| Branch code | POF |
| Bank | Payment Execution S.r.o. |
| Branch | — |
| City | Prague |
| Country | Czechia |
How the Payment Execution S.r.o. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAER Bank code
- 4 letters that identify the bank.
- CZ Country code
- 2 letters for the country (ISO 3166).
- P1 Location code
- 2 characters for the city or region of the head office.
- POF 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 PAERCZP1POF?
The code PAERCZP1POF belongs to Payment Execution S.r.o., a branch or department of Payment Execution S.r.o. in Prague, Czechia. Only use it if the account is held at this specific branch.
What is the cheapest way to send money to Payment Execution S.r.o.?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in Czech Koruna with transfer services before you send.
What happens if I enter PAERCZP1POF with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PAERCZP1POF with the recipient before you confirm.
What do the letters in PAERCZP1POF stand for?
PAER is the institution code of Payment Execution S.r.o., CZ is the ISO code of Czechia, P1 is the location code and POF is the code of the branch Payment Execution S.r.o..
Can I use PAERCZP1 instead of PAERCZP1POF?
PAERCZP1 points to the head office of Payment Execution S.r.o., while PAERCZP1POF is Payment Execution S.r.o.. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention PAERCZP1POF.
Do I need PAERCZP1POF to send euros to Czechia?
Czechia belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need PAERCZP1POF.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.