BNP Paribas Services, (Australia Branch) SWIFT/BIC code

What PARBAUS1 means for a payment to BNP Paribas Services, (Australia Branch)

PARBAUS1 and PARBAUS1066 are two spellings of the same bank identifier, and both point to BNP Paribas Services, (Australia Branch) in Sydney. A SWIFT code tells the sending bank which institution should receive the money. You will need it mainly when dealing with transfers between countries.

Below we go through the practical side: receiving money at BNP Paribas Services, (Australia Branch), paying someone in another country and how to verify a SWIFT code before you confirm a payment. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN is for.

8 or 11 characters: PARBAUS1 versus PARBAUS1066

A BIC is built from a few fixed parts: the first four letters identify the bank, the next two show the country and the two after that indicate the location. Combined, these eight characters form PARBAUS1.

The 11-character version adds three more characters for a branch or department. If the last three are XXX, the code points to the head office, which is why PARBAUS1066 and PARBAUS1 lead to the same place.

In practice the code is typed in capitals and without spaces. A single character can send the money to a different institution, so copy it carefully.

Tracking a transfer to or from BNP Paribas Services, (Australia Branch)

A SWIFT payment usually needs one to a few business days – it depends on currency, route and the banks in between. Bank holidays in the sending or receiving country add extra days to the journey. Compliance checks on larger or unusual payments can also cause a delay, even when all details are correct.

When a payment takes longer than expected, ask your bank about the status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services usually show tracking online so you can see where the payment is.

If the money does not arrive after a few business days, the sender needs to contact their own bank, not the receiving bank. As a recipient, it helps to look at your statements for a partial amount.

How up to date is this code?

The codes here are taken from public sources which we refresh regularly. Banks reorganise, change names and change codes. The number of codes on this page are based on our own data.

Before a payment that matters, confirm the BIC with the recipient’s bank or with the recipient. GoldexPay is a comparison site for money transfers and not part of BNP Paribas Services, (Australia Branch). Found outdated information? Let us know via our contact form.

Receiving money from abroad at BNP Paribas Services, (Australia Branch)

A sender in another country needs a few details from you – incomplete details often cause delays. That means: your name as registered with BNP Paribas Services, (Australia Branch), your IBAN or account number, the BIC PARBAUS1066 and sometimes your postal address.

The sender’s bank may request the address of your bank; the head office in Sydney is usually fine. Check each detail before you send them.

Expect that the incoming amount is below what the sender paid. Charges on incoming payments differ from bank to bank – the price list of BNP Paribas Services, (Australia Branch) tells you what applies. Agree with the sender who pays which costs.

Which of the 135 codes of BNP Paribas Services, (Australia Branch) do you need?

We have 135 SWIFT/BIC codes for BNP Paribas Services, (Australia Branch). Besides the head office code PARBAUS1066, you will find codes for individual branches and departments.

Usually you do not need to look up a branch: payments addressed to PARBAUS1066 are routed within BNP Paribas Services, (Australia Branch) correctly. Branch codes are only needed when the recipient’s bank specifically asks for it, which is more common for corporate accounts and specialised services.

The best way is to take the code straight from the recipient’s bank details. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

Sending money abroad from BNP Paribas Services, (Australia Branch)

What you pay for a payment abroad is made up of several parts, and the transfer fee is only the most visible one. On top of the transfer fee, banks in between can take a cut, and if currencies are converted the bank often applies a rate below the real market rate.

The real cost is often in the rate, not in the fee: many banks convert at a rate that includes a margin. Check their rate with the mid-market rate – the rate you find on financial news sites.

For many currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer, mainly because of the exchange rate. Next time you send money, it is worth to compare what arrives via GoldexPay instead of going straight to your bank. Using a transfer service does not mean closing your account at BNP Paribas Services, (Australia Branch).

Paying into BNP Paribas Services, (Australia Branch) in AUD

Accounts at BNP Paribas Services, (Australia Branch) are typically held in AUD, the local currency. A payment in a foreign currency is converted into AUD on its way to BNP Paribas Services, (Australia Branch) – and the bank that does it picks the rate. Each conversion eats into the amount, even when no fee is shown.

Who does the conversion has an effect on how much arrives, since every bank sets its own rate. Often you pay less if you send AUD straight away via a transfer service with a good rate, so that the receiving bank does not need to convert again.

The AUD rate changes throughout the day and quotes are often valid only for a short time. If you pay regularly, small differences in the rate make a real difference over time.

Protect yourself against fake payment requests

Be wary when a contact unexpectedly wants you to send money to another account abroad. That PARBAUS1 is a real code is no guarantee that a request mentioning it is genuine.

Before paying, verify changed bank details through a phone call on a number you know, not one from the message. Pressure or requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. When money was sent to a fraudster, contact your bank immediately.

Recipients can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to send back the difference. A payment confirmation from the sender is no proof.

How to check PARBAUS1 before you pay

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. If the code you have does not match PARBAUS1 or PARBAUS1066, do not guess.

With a wrong code, the transfer might get stuck, be returned or end up costing more – sometimes after weeks of searching. A mistake in the IBAN or account number can be more serious because it can reach the wrong person.

An automatic check by your bank merely confirms that the IBAN exists – not that it belongs to the person you mean to pay. If your bank offers it, a name check on the recipient adds an extra layer of safety. For a first payment, some people send a small test amount.