Lasalle Investment Management, Organizacni Slozka SWIFT/BIC code

LIMOCZ21 – the SWIFT/BIC code of Lasalle Investment Management, Organizacni Slozka

The 8-character code LIMOCZ21 and the full code LIMOCZ21XXX identify one and the same institution: Lasalle Investment Management, Organizacni Slozka, with its head office in Prague. A SWIFT code shows the sending bank exactly which bank should receive the money, much like a postcode for banks. You will need it mainly for payments that cross a border and payments in foreign currencies.

On this page you can read how the code is put together, when you need it and what else you need for a transfer to or from Lasalle Investment Management, Organizacni Slozka. Remember that the BIC just identifies the bank, not the person: the IBAN or account number takes care of that.

Tracking a transfer to or from Lasalle Investment Management, Organizacni Slozka

A SWIFT payment usually takes one to a few business days. Transfers sent late in the day or on a weekend or public holiday usually go out the next business day. Occasionally a bank wants to know what the payment is for, which can hold things up.

When a payment takes longer than expected, ask your bank about the status and the transaction reference. Money transfer services often show tracking online showing how far the payment is.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. As a recipient, you can check your statements to see a partial amount.

Head office or branch code at Lasalle Investment Management, Organizacni Slozka?

We have 2 SWIFT/BIC codes for Lasalle Investment Management, Organizacni Slozka. Besides the head office code LIMOCZ21XXX, there are codes for individual branches and departments.

Unless the recipient tells you otherwise, go with LIMOCZ21XXX. Just use a branch code when the recipient gives you that exact code, for example on a letter or invoice.

The safest route is to take the code straight from the recipient’s bank details. Codes can change when banks reorganise, so a code from an old document is not always valid.

Czech Koruna (CZK) and conversion costs

Czechia pays in the Czech Koruna (CZK). A payment in a foreign currency is exchanged into CZK – and the bank that does it picks the rate. Each conversion eats into the amount – usually through the rate rather than a fee.

Where the conversion happens has an effect on the final amount. Transferring the money directly in CZK often prevents an extra conversion by Lasalle Investment Management, Organizacni Slozka, provided the rate you get is fair.

Exchange rates change all the time, and some providers let you lock in a rate. On larger amounts, even small difference in the rate can be worth more than the fee.

Sending money abroad from Lasalle Investment Management, Organizacni Slozka

The price of an international transfer is made up of more than one component, and the transfer fee is only the most visible one. On top of the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency, the bank usually applies a rate that is less favourable than the actual market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert at a rate with a margin built in. An easy check: put the bank’s rate next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a specialist provider is less expensive than a bank – mostly thanks to the rate. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets for the same amount sent. Using a transfer service does not mean closing your account at Lasalle Investment Management, Organizacni Slozka – you pay the provider from your own account.

Euro transfers to Lasalle Investment Management, Organizacni Slozka: is a BIC needed?

Inside SEPA, euro payments to Lasalle Investment Management, Organizacni Slozka use the same rules. A field for the BIC is often optional for those payments.

You still need LIMOCZ21XXX when sending payments in other currencies or money from outside the SEPA area. If your banking app asks for the BIC regardless, adding LIMOCZ21 is fine.

SEPA transfers normally land within one business day; instant payments are faster if both banks offer them. Fees for SEPA payments are generally low, as long as no currency conversion is involved.

What the XXX in LIMOCZ21XXX means

Every SWIFT/BIC code has an 8-character core: four letters for the bank, a two-letter country code and two characters for the location. That gives you LIMOCZ21.

Most payment forms work with both lengths. If a form asks for eleven characters, enter LIMOCZ21XXX, otherwise LIMOCZ21 is fine.

As a rule the code is typed in capitals, without spaces or dashes. A single letter can send the money to another bank.

Scams that use SWIFT codes

One of the most common tricks goes like this: you receive a message claiming that a company has a new bank account. That LIMOCZ21 is a real code is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Never trust contact details in the same message that announces the change. Watch out for time pressure, unusual wording or a sender address that is slightly off. When money has already gone to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Scams also target the receiver: someone sends more than agreed and asks you to return the extra. Wait until the money is actually in your account and check with Lasalle Investment Management, Organizacni Slozka if anything seems off.

How up to date is this code?

We collect SWIFT/BIC codes using publicly available data and check them regularly. Still, banks merge, rename themselves or change codes. Counts and locations come from our own dataset.

Before any payment of any size, always check the code with the recipient’s bank or the recipient. GoldexPay is not affiliated with Lasalle Investment Management, Organizacni Slozka; we are a comparison site for money transfers. Found outdated information? Let us know through the contact page and we will look into it.

Verifying the SWIFT code of Lasalle Investment Management, Organizacni Slozka

The most reliable place for the right code is a document from the bank itself, such as a statement or the account details in online banking. If the code you have differs from LIMOCZ21 or LIMOCZ21XXX, stop and ask: check with the recipient or with Lasalle Investment Management, Organizacni Slozka directly.

If the code is wrong, the payment may be delayed, bounce back or cost extra – sometimes after weeks of searching. A mistake in the IBAN or account number can be a bigger problem because it can reach the wrong person.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically. Some banks now compare the name against the account; take any warning seriously. For a first payment, many people start with a small amount first before sending the rest.

What to give a sender who pays you at Lasalle Investment Management, Organizacni Slozka

A sender in another country will ask for a few details from you – incomplete details often cause delays. That means: your full name as registered with Lasalle Investment Management, Organizacni Slozka, your IBAN or account number, the BIC LIMOCZ21XXX (or LIMOCZ21) and, often, your postal address.

The sender’s bank might also ask for the bank address of Lasalle Investment Management, Organizacni Slozka, in which case the Prague head office is the usual answer. A mistake in your account number is more trouble than it looks; copy them from your banking app rather than typing.

The amount you receive can be less than what was sent. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate comes on top. For business payments, you can agree who bears the costs.