Bank Sri Partha Pt SWIFT/BIC code

Bank Sri Partha Pt SWIFT code: SIPAIDB1

The short code SIPAIDB1 and the full code SIPAIDB1XXX refer to one and the same institution: Bank Sri Partha Pt, with its head office in Denpasar. Banks worldwide use BIC codes to route international transfers to the correct institution. In daily life you usually see it on invoices from abroad, in payment forms and on the account details that Bank Sri Partha Pt provides.

On this page we explain what the code means, when you need it and which other details a transfer to or from Bank Sri Partha Pt requires. Keep in mind that the BIC just identifies the bank, not the account: the account number or IBAN does that part.

Which of the 9 codes of Bank Sri Partha Pt do you need?

With 9 codes in 8 locations, Bank Sri Partha Pt is one of the banks that register individual codes for parts of the organisation and departments. The head office code is SIPAIDB1XXX.

Unless the recipient tells you otherwise, go with SIPAIDB1XXX or its short form SIPAIDB1. Just use a branch code when the account holder explicitly asks for it, for example on an invoice or in their bank details.

The best way is to copy the code directly from the recipient’s statement. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Tracking a transfer to or from Bank Sri Partha Pt

A SWIFT payment usually takes anywhere from one to several business days. Payments made after the cut-off time or just before weekends and holidays often go out a business day later. Sometimes a bank asks what the payment is for, which can hold things up.

If a transfer seems delayed, ask your bank about the tracking status and the transaction reference; with that reference banks can see where the payment is. Money transfer services usually show a status in their app showing how far the payment has got.

A missing payment is traced by the sending bank on the basis of the transfer details. Request from the sender a copy of the payment confirmation including the reference.

How up to date is this code?

Our SWIFT/BIC directory is based on publicly available sources and we update it periodically. It can happen that information here is out of date after a merger or reorganisation. The figures on this page reflect what is in our directory, not official figures from Bank Sri Partha Pt.

Treat our data as a reference, rather than as the final word – the bank details from the recipient are leading. GoldexPay is an independent comparison site and not part of Bank Sri Partha Pt. Found outdated information? Tell us through the contact page.

Watch out for payment fraud

Stay alert when someone suddenly wants you to send money to another account or a bank in another country. A real SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Do not trust a phone number in the same message that contains the change. Pressure and requests to keep it quiet tend to be red flags. Acted too fast? Contact your bank straight away and have them start a recall.

Fraud can also work the other way: someone sends too much and asks you to return the extra. Wait until the money has really arrived and check with Bank Sri Partha Pt if anything seems off.

What to give a sender who pays you at Bank Sri Partha Pt

If you are waiting for money from abroad, give the sender everything they need in one go. Give them your name as the bank knows it, the IBAN or account number, SWIFT code SIPAIDB1XXX and your address, which some banks require.

The sender’s bank may request the bank address of Bank Sri Partha Pt. A typo in your account number can be more trouble than you might think.

Money from abroad will not always arrive for the full amount. Charges on incoming payments vary per bank; check the price list of Bank Sri Partha Pt. Agree with the sender who pays which costs before the money is sent.

Paying someone abroad from your Bank Sri Partha Pt account

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, and when currencies are converted, the bank often applies a rate below the actual market rate.

That exchange rate margin tends to be the biggest cost because it is hidden in the rate. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For many currency pairs, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay compares the amount that arrives with different services, which makes the cheapest option easy to spot. You can always keep your account at Bank Sri Partha Pt to fund the transfer, while a cheaper service handles the conversion.

What the XXX in SIPAIDB1XXX means

The layout of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. In this case, that core is SIPAIDB1.

Most banks and apps work with either length. If a form asks for eleven characters, use SIPAIDB1XXX.

Type the code as one block, in capitals and without spaces, exactly as shown here. A wrong letter can send the money to a different institution.

Is SIPAIDB1 still correct? How to check

The safest source for a SWIFT code is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. When the code you were given differs from SIPAIDB1 or SIPAIDB1XXX, do not guess – contact the recipient or Bank Sri Partha Pt.

A wrong SWIFT code may lead to a delay, a payment being sent back or additional charges. An error in the IBAN or account number is more serious, because the money may be credited to someone else; check it just as carefully.

A format check by your bank only tells you that the code exists, not that it is the right account. Some banks now check the name with the account. When you pay someone new, many people send a small test amount before sending the rest.