SWIFT/BIC code PFSICAM1XXX
PFSICAM1XXX belongs to Penson Financial Services Canada Inc. in Montreal, Canada.
Code details
| SWIFT/BIC code | PFSICAM1XXX |
|---|---|
| 8-character code | PFSICAM1 |
| Branch code | XXX |
| Bank | Penson Financial Services Canada Inc. |
| Branch | Head office |
| City | Montreal |
| Country | Canada |
The way the Penson Financial Services Canada Inc. SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PFSI Bank code
- 4 letters that identify the bank.
- CA 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 bank uses SWIFT/BIC code PFSICAM1XXX?
PFSICAM1XXX identifies the head office of Penson Financial Services Canada Inc. in Montreal, Canada. Use it when a payment to Penson Financial Services Canada Inc. does not need a specific branch.
What happens if I use PFSICAM1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PFSICAM1XXX with the recipient before sending.
How long does a transfer to Penson Financial Services Canada Inc. take in Canada?
An international SWIFT transfer usually takes 2–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often faster and cheaper.
What is the cheapest way to send money to Penson Financial Services Canada Inc. in Canada?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Canadian Dollar with specialist providers before you send – the difference can be large.
What does each part of PFSICAM1XXX mean?
PFSI is the institution code of Penson Financial Services Canada Inc., CA is the ISO code of Canada, M1 is the code for the city or region and XXX marks the head office.
Which details do I need to send money to an account at Penson Financial Services Canada Inc.?
Have ready the SWIFT/BIC code PFSICAM1XXX, the IBAN or local account number of the recipient, their full name and address. Canada uses international SWIFT transfers, so the BIC is required.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.