Perennial Value Management Limited SWIFT/BIC code

SWIFT/BIC code of Perennial Value Management Limited

If an invoice shows PEVMAU21 or PEVMAU21XXX, it is the same identifier for Perennial Value Management Limited in Australia. A BIC has a single purpose: it ensures that money from abroad reaches the right bank. In practice you usually see the code on international invoices, in your banking app and on the account details that Perennial Value Management Limited provides.

On this page you can read how the code is put together, when you need it and which other details a transfer to or from Perennial Value Management Limited requires. A SWIFT code names a bank or branch, never a specific account, which is why you always need the account number too.

Why Perennial Value Management Limited has an 8- and an 11-character code

A SWIFT code is made up of fixed blocks: characters one to four stand for the bank, the next two give the country and characters seven and eight mark the location. The result is PEVMAU21.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, the code points to the head office, which is why PEVMAU21XXX and PEVMAU21 lead to the same place.

Do not add spaces, dots when you enter PEVMAU21; the code is always written in one block. Copying the code beats typing it by hand: a typo can point to another bank.

How to check PEVMAU21 before you pay

The best place to find the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given does not match PEVMAU21 or PEVMAU21XXX, do not guess.

Mistakes in the BIC tend to be annoying rather than disastrous – usually the money comes back, minus fees and time lost. An error in the account number can be more serious because it can reach the wrong person.

An automatic check by your bank only tells you that the IBAN exists – not that it belongs to the person you mean to pay. Some banks now check the name against the account; take any warning seriously. Sending a small amount first can be a sensible step for large sums, even if it costs an extra fee.

Australian Dollar (AUD) and conversion costs

Australia pays in the Australian Dollar (AUD). If you send money in a different currency, the amount has to be converted somewhere along the way – by your bank, by Perennial Value Management Limited or by a bank in between. There is rarely a separate line for that conversion – the cost sits in the rate.

Who does the conversion affects how much arrives. Often you pay less if you send AUD straight away through a transfer service with a good rate, so that the receiving bank does not need to convert again.

Rates for AUD change all the time. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

A note on our data

The details here are taken from public sources. Banks reorganise, change names and change codes, and a directory never catches every change immediately. Figures such as the number of codes are from our directory and may differ from what Perennial Value Management Limited publishes.

For any payment that matters, check the code with Perennial Value Management Limited or with the recipient. GoldexPay is a comparison service and not part of Perennial Value Management Limited. Spotted outdated information? Let us know via our contact form.

What to give a sender who pays you at Perennial Value Management Limited

When you expect money from abroad, give the sender everything they need in one go. Share the account holder’s name, the IBAN or account number, the BIC PEVMAU21XXX and your address, which some banks require.

Their bank might request the bank address of Perennial Value Management Limited; the head office in Sydney is usually fine. A mistake in the IBAN is more trouble than it looks; copy them from your banking app rather than typing.

An incoming payment will not always arrive in full. Intermediary banks may deduct a fee, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who covers the fees before the money is sent.

Choosing between the 2 SWIFT codes of Perennial Value Management Limited

Perennial Value Management Limited has 2 different SWIFT/BIC codes across 1 cities. Only one is the head office code, PEVMAU21XXX; the others belong to branches or departments.

Unless the recipient tells you otherwise, go with PEVMAU21XXX or its short form PEVMAU21. When you receive a specific code, stick to it instead of replacing it with the head office code.

The safest route is to take the code straight from the account holder’s invoice. Codes are sometimes changed or retired over time.

Protect yourself against fake payment requests

Fraudsters often send payment requests containing changed bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about who owns the account.

Verify new bank details through a different channel, such as a phone number you already know, never via the email that asked for the change. Urgency or secrecy are red flags; a genuine business can wait for you to check. If a payment has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver: someone claims to have sent too much and asks you to refund the difference to a new account. A payment confirmation from the sender proves nothing.

How long does an international transfer to Perennial Value Management Limited take?

There is no fixed answer for international payments: many arrive the same day or the next, others take several business days. Bank holidays in either country add extra days, since banks do not process on those days. Compliance checks by one of the banks can also add some delay, regardless of the details.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique transaction reference, the UETR. Money transfer services usually provide tracking online so you can see how far the money has got.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. On the receiving end, you can check your statements for a slightly lower amount, since fees may have been deducted.

Sending money abroad from Perennial Value Management Limited

What you pay for a payment abroad is made up of more than one component, and the transfer fee is only the most visible one. On top of the transfer fee, banks in between can deduct a fee, and if currencies are converted the bank usually uses a rate that is less favourable than the actual market rate.

Banks do not show their exchange rate markup separately, but you pay it all the same. A simple test: put the bank’s rate against the mid-market rate and look at the difference.

Specialised transfer providers frequently offer a rate near the mid-market rate. On GoldexPay we compare the amount that arrives across services, so you can pick the cheapest route. Using a transfer service does not mean leaving Perennial Value Management Limited – you pay the provider from your own account.