Banque Degroof Petercam SA/NV (Formerly Banque Degroof) SWIFT/BIC code

Banque Degroof Petercam SA/NV (Formerly Banque Degroof) SWIFT code: DEGRBEBB

If an invoice shows DEGRBEBB or DEGRBEBBXXX, you are looking at the same address for Banque Degroof Petercam SA/NV (Formerly Banque Degroof) in Belgium. A SWIFT code tells the banks handling a payment which institution should receive the money, much like a postcode for banks. In practice you usually see the code on invoices from abroad, in payment forms and on the account details that Banque Degroof Petercam SA/NV (Formerly Banque Degroof) provides.

On this page you can read what the code means, when it matters and which other details a transfer to or from Banque Degroof Petercam SA/NV (Formerly Banque Degroof) requires. Remember that the SWIFT code only identifies the bank, not the account: the account number or IBAN does that part.

What to give a sender who pays you at Banque Degroof Petercam SA/NV (Formerly Banque Degroof)

Someone abroad who wants to pay you needs several details about your account. The basics are: the account holder’s name, account number or IBAN, DEGRBEBBXXX and often your postal address.

You can add Banque Degroof Petercam SA/NV (Formerly Banque Degroof) and its city as well. A typo in your account number is more trouble than it looks.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments vary per bank. Agree with the sender who covers the fees.

Transfer times and tracking a payment to Banque Degroof Petercam SA/NV (Formerly Banque Degroof)

There is no fixed delivery time for every transfer: many arrive within a day. Payments made late in the day or on weekends and holidays usually start a business day later. Extra checks on larger or unusual payments may also add some delay.

If the money seems delayed, ask your bank about the status or the UETR; with that reference banks can see where the payment is. Keep the payment confirmation – you will need it for any trace request.

Only the sending bank is able to start an official trace – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt.

The Euro and what conversion costs you

Belgium pays in the Euro, code EUR. Money sent in a different currency is converted into EUR, and whoever converts it chooses the rate. You rarely see a separate line for that conversion – the cost sits in the rate.

Who converts the money matters, because each party uses its own rate. In many cases it is cheaper if you send EUR directly via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

Exchange rates change during the day. If you pay regularly, a slightly better rate add up over time.

Why Banque Degroof Petercam SA/NV (Formerly Banque Degroof) has an 8- and an 11-character code

The structure of a BIC is always the same: a bank code of four letters, two for the country and a two-character location code. Combined, these eight characters make up DEGRBEBB.

Many banks and apps accept both lengths. If a form asks for eleven characters, enter DEGRBEBBXXX.

Leave out spaces, dots when you enter DEGRBEBB; the code is always written in one block. Look out for the letter O and the digit 0 or I versus 1, a common source of typos.

Sending money abroad from Banque Degroof Petercam SA/NV (Formerly Banque Degroof)

An international bank payment costs more than the listed fee. You pay the fee for the transfer itself, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup when the money is converted.

Many banks do not show their exchange rate markup separately, but you pay it all the same. An easy check: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer, mainly because of the exchange rate. Next time you send money, it is worth comparing the total cost via GoldexPay. Choosing a specialist does not mean closing your account at Banque Degroof Petercam SA/NV (Formerly Banque Degroof).

Head office or branch code at Banque Degroof Petercam SA/NV (Formerly Banque Degroof)?

With 2 codes in 1 cities, Banque Degroof Petercam SA/NV (Formerly Banque Degroof) is one of the banks that register individual codes for branches. The main code remains DEGRBEBBXXX.

If nobody asks you for a branch code, use DEGRBEBBXXX. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

Unsure which code applies? Ask the recipient, or look at a recent statement from Banque Degroof Petercam SA/NV (Formerly Banque Degroof). Codes for branches are more likely to change than the head office code.

Where our SWIFT data comes from

We gather bank codes from public sources and update our list regularly. Even so, banks merge or retire codes, so information can be out of date. Counts and locations come from our directory and are not confirmed by Banque Degroof Petercam SA/NV (Formerly Banque Degroof).

See the information on this page as a handy check, and let the details from the recipient or Banque Degroof Petercam SA/NV (Formerly Banque Degroof) have the final say. GoldexPay is independent of Banque Degroof Petercam SA/NV (Formerly Banque Degroof). Should you notice a mistake, we appreciate a short note via the contact page.

Changed bank details? Be careful

Criminals regularly use fake invoices containing new bank details. The fact that DEGRBEBB exists is no guarantee that the account is legitimate.

Do not trust contact details in the same message that announces the new account. Urgency or requests to keep it quiet tend to be red flags. Already paid? Call the bank you paid from straight away and have them start a recall; also report it to the police.

Scams can also target the receiver. Someone claims to have sent more than agreed and asks you to return the difference via a different route. A payment confirmation from the sender proves nothing – check your own account.

Do you need DEGRBEBB for a SEPA transfer?

Belgium is part of the SEPA area. For a regular euro transfer from another SEPA country, the IBAN is usually enough.

You will still need DEGRBEBBXXX when sending non-euro payments or money from outside the SEPA area. If a payment form has a field for the BIC anyway, adding DEGRBEBB does no harm.

Instant payments in euros are increasingly supported within SEPA; check with Banque Degroof Petercam SA/NV (Formerly Banque Degroof) whether it applies to your account. As long as no currency is converted, a SEPA transfer is inexpensive.

Verifying the SWIFT code of Banque Degroof Petercam SA/NV (Formerly Banque Degroof)

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check that code against DEGRBEBB on this page; if they differ, ask before you pay.

An incorrect BIC may lead to delays, a returned payment or extra fees for investigation. Do not forget the IBAN: an error there is harder to correct than a wrong BIC.

An automatic check by your bank only confirms that the IBAN is valid. Where available, a name check before sending gives an extra layer of safety. A small test payment can be worth it for large sums despite the extra fee.