S Broker AG SWIFT/BIC code

What PULSDEDD means for a payment to S Broker AG

The short code PULSDEDD and the full code PULSDEDDXXX refer to the same bank: S Broker AG in Duesseldorf, Germany. A SWIFT code shows every bank in the chain which institution is meant to get the money, much like a postcode for banks. In practice you usually see it on invoices from abroad, in your banking app and on the account details that S Broker AG provides.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to check the code before you confirm a payment. A SWIFT code identifies a bank or branch, never a specific account.

How to check PULSDEDD before you pay

Have the recipient copy the account details straight from their online banking. Check that code against PULSDEDD on this page.

Mistakes in the BIC tend to be annoying rather than fatal – usually the money comes back, minus fees and time lost. Remember the IBAN: a mistake there can be more difficult to undo than a wrong BIC.

An automatic check in your banking app only tells you that the IBAN exists – not that it belongs to the person you mean to pay. Where available, a name check on the recipient gives extra certainty. For a first payment, some people send a small test amount and wait for confirmation.

Sending EUR to S Broker AG

Accounts at S Broker AG are typically held in EUR, the national currency. Money sent in a different currency will be exchanged into EUR before it reaches the account – and the bank that does it picks the rate. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who converts the payment matters, because each party uses its own rate. Sending the money already in EUR usually avoids an extra conversion by S Broker AG.

Exchange rates change all the time. For regular payments, small differences in the rate make a real difference over a year.

Watch out for payment fraud

Stay wary when someone unexpectedly asks you to send money to another account abroad. The fact that PULSDEDD exists does not mean that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Never trust contact details in the same message that announces the change. Pressure and requests to keep it quiet tend to be warning signs. Already paid? Call the bank you paid from straight away and ask them to start a recall; also report it to the police.

Fraud also work the other way. Someone claims to have sent too much and wants you to refund the extra. Wait until the money is actually in your account.

Choosing between the 2 SWIFT codes of S Broker AG

Having 2 codes, S Broker AG belongs to the banks that register individual codes for branches. The head office code is PULSDEDDXXX.

For most payments to a private or business account, the head office code PULSDEDDXXX is what you need. If you have been given a branch code, use it as it is rather than replacing it with the head office code.

Not sure which code to use? Ask the recipient. Branch codes can change when banks reorganise, so do not rely on old paperwork.

How up to date is this code?

We gather SWIFT/BIC codes from public sources and update our list regularly. It can happen that a code here is out of date after a merger or reorganisation. The figures on this page reflect what is in our directory and not on information from S Broker AG itself.

Before a payment of any size, always confirm the BIC with S Broker AG or with the recipient. GoldexPay is independent of S Broker AG. Should you notice a mistake, we appreciate a message.

What the XXX in PULSDEDDXXX means

A BIC is built from a few fixed parts: characters one to four identify the bank, characters five and six show the country and the two after that mark the location. That gives you PULSDEDD.

XXX at the end of PULSDEDDXXX does not stand for a missing value or an error: it indicates the head office of S Broker AG. Some forms ask for 11 characters, and then you can add XXX after PULSDEDD.

Enter the code as one block, in capitals and without separators, exactly as shown here. A single character can send the money to a different institution, so check it twice.

Paying someone abroad from your S Broker AG account

The price of a payment abroad is made up of more than one component – not just the fee on your screen. On top of a fixed fee, banks in between can take a cut, and when the money changes currency, the bank usually applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate with a margin built in. Compare their rate with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. GoldexPay lists transfer providers next to each other so you can see the amount the recipient gets before you commit. You can always keep your account at S Broker AG as the source of the money, while a cheaper service handles the conversion.

What to give a sender who pays you at S Broker AG

Someone abroad who wants to pay you needs several details about your account, and missing ones are a common cause of delays. Share your name as the bank knows it, the IBAN or account number, SWIFT code PULSDEDDXXX and your address, which some banks require.

Some banks want the bank’s address; it does no harm to include it. Check the details before you share them.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments vary from bank to bank. For business payments, you can agree who bears the costs to avoid a shortfall.

Tracking a transfer to or from S Broker AG

How quickly a transfer reaches S Broker AG depends on several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Payments made after the cut-off time or on weekends and holidays often start the next business day. Extra checks on larger or unusual payments may also cause a delay, even when all details are correct.

When a payment takes longer than expected, ask the sending bank about the status and the transaction reference so they can trace it along the chain. Money transfer services usually provide tracking in their app showing how far the money is.

The bank that sent the money is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to look at your statements for a partial amount because fees can reduce the amount.

SEPA payments and the S Broker AG BIC

Germany belongs to the SEPA area, the zone for standardised euro payments. When you send euros within SEPA, you normally only need the IBAN.

A SWIFT code like PULSDEDD does come into play for payments in other currencies, and for transfers from outside SEPA. If a payment form asks for the BIC regardless, adding PULSDEDD does no harm.

Euro payments within SEPA normally land by the next business day. Fees for SEPA payments are generally low.