SWIFT/BIC code PAGMDEM1XXX
PAGMDEM1XXX belongs to Paycenter GMBH in Freising, Germany.
Code details
| SWIFT/BIC code | PAGMDEM1XXX |
|---|---|
| 8-character code | PAGMDEM1 |
| Branch code | XXX |
| Bank | Paycenter GMBH |
| Branch | Head office |
| City | Freising |
| Country | Germany |
The way the Paycenter GMBH SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PAGM Bank code
- 4 letters that identify the bank.
- DE Country code
- 2 letters for the country (ISO 3166).
- M1 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 institution is behind BIC PAGMDEM1XXX?
PAGMDEM1XXX identifies the head office of Paycenter GMBH in Freising, Germany. Use it when you send money to an account at Paycenter GMBH.
Does Paycenter GMBH have a single SWIFT/BIC code?
Yes – PAGMDEM1XXX is the single SWIFT/BIC code we have for Paycenter GMBH in Germany, so there is no branch code to choose.
What is the best way to send money to Paycenter GMBH?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Euro with transfer services before you send – the difference can be large.
How long does it take to send money to Paycenter GMBH in Germany?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Do I need PAGMDEM1XXX for a euro transfer to Germany?
Germany is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you still need PAGMDEM1XXX.
Are PAGMDEM1 and PAGMDEM1XXX the same code?
Yes. PAGMDEM1 is the short version of PAGMDEM1XXX. XXX simply means head office, so both will reach Paycenter GMBH in Freising.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.