Binaartha Parama,pt SWIFT/BIC code

BINRIDJ1 – the SWIFT/BIC code of Binaartha Parama,pt

BINRIDJ1 and BINRIDJ1XXX are two ways of writing the same SWIFT/BIC code, and both lead to Binaartha Parama,pt in Jakarta. A BIC does one job: it makes sure that an international payment reaches the right bank. It comes up mostly for transfers between countries or a currency.

This page is meant to help anyone who sends money to an account at Binaartha Parama,pt and wants to get the details right. The SWIFT code alone cannot identify an individual account holder; for that you need the account number or IBAN is for.

Receiving money from abroad at Binaartha Parama,pt

If you expect money from abroad, send the payer everything they need in one go. The basics are: the account holder’s name, account number or IBAN, BINRIDJ1XXX and, for some countries, your home address.

Certain sending banks want the name and address of Binaartha Parama,pt. A typo in your account number can be more trouble than it looks, so copy the details from your online banking.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee, and if the currency changes, a markup on the rate comes on top. Agree with the sender who pays which costs, especially for larger amounts.

How long does an international transfer to Binaartha Parama,pt take?

An international transfer usually needs anywhere from one to several business days. Bank holidays in either country can add extra days. Compliance checks on larger or unusual payments can also add a delay, even when all details are correct.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique reference, the UETR. Specialist transfer services often show tracking online so you can see how far the payment is.

If a payment has not arrived after a few business days, the sender should start with their own bank. Ask the sender for a copy of the payment confirmation with the date and reference.

Binaartha Parama,pt: head office code versus branch codes

Binaartha Parama,pt has 2 separate SWIFT/BIC codes. One of them is the head office code, BINRIDJ1XXX; the rest identify branches or departments, and sometimes specific services.

If nobody asks you for a branch code, go with BINRIDJ1XXX or its short form BINRIDJ1. If you have been given a branch code, stick to it rather than replacing it for the head office code.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more prone to change than BINRIDJ1XXX.

Protect yourself against fake payment requests

One of the most common tricks goes like this: you receive a message saying that a company has a new bank account and that the next payment should go there. A valid SWIFT code says nothing about who owns the account – scammers simply use real codes.

Check new payment details through a different channel like a call to a number from an earlier contract, not by replying to the message. Urgency and requests to keep it quiet are red flags – a real supplier can wait a day. When money has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams also work the other way: someone claims to have sent more than agreed and wants you to refund the difference. Do not act before the money is actually in your account – ask Binaartha Parama,pt if something looks wrong.

About this information

The codes here are taken from public sources which we refresh regularly. Still, banks merge, rename themselves or change codes. Counts and locations are from our own dataset and are not confirmed by Binaartha Parama,pt.

Treat the information here as a helpful check, and let the details from the recipient or Binaartha Parama,pt have the final say. We are an independent comparison site for money transfers and not part of Binaartha Parama,pt. Should you notice something that is out of date, we welcome a message via the contact page.

What the XXX in BINRIDJ1XXX means

A SWIFT code is made up of a few fixed parts: the first four letters stand for the bank, the next two show the country and the two after that mark the location. For Binaartha Parama,pt, the 8-character core is BINRIDJ1.

Many banks and apps accept either length. If yours requires eleven characters, enter BINRIDJ1XXX.

Do not add spaces, dots when you type BINRIDJ1 or BINRIDJ1XXX. Pasting the code beats typing it by hand, because one wrong letter changes the bank.

International transfers from Binaartha Parama,pt: the real cost

A bank transfer abroad can cost rather more than the fee suggests. Besides the transfer fee, banks in between can deduct a fee, and when currencies are converted the bank usually uses a rate that is less favourable than the real market rate.

Banks do not show their exchange rate markup separately – you only notice it if you compare. A simple test: put the rate you get next to the mid-market rate and look at the difference.

Specialist money transfer services often offer rates closer to the mid-market rate and lower fees. Before your next transfer, take a minute to compare the total cost on GoldexPay instead of going straight to your bank. You can still use your account at Binaartha Parama,pt as the source of the money, while a cheaper service handles the conversion.

Verifying the SWIFT code of Binaartha Parama,pt

Have the recipient copy their bank details directly from their online banking. When the code you were given does not match BINRIDJ1 or BINRIDJ1XXX, stop and ask – contact the recipient or Binaartha Parama,pt.

An incorrect BIC may lead to a delay, a payment being sent back or additional charges along the way. Do not forget the account number: an error there is more difficult to correct than a wrong BIC.

Most online banking apps validate the format of IBANs – that confirms the format, not the owner. Where available, a payee name check on the recipient gives an extra layer of safety. A small test payment can be worth it for large sums.