Panin Capital, Pt SWIFT/BIC code

Panin Capital, Pt SWIFT code: PANCIDJ1

PANCIDJ1 and PANCIDJ1XXX are the short and the long form of the same SWIFT/BIC code, and both point to Panin Capital, Pt in Jakarta. The code does one job: it makes sure that money from abroad reaches the right bank. It comes up mainly when dealing with payments that cross a border.

We wrote this page to help anyone who receives money at an account at Panin Capital, Pt without mistakes. Remember that the SWIFT code only identifies the bank, not the account: the IBAN or account number takes care of that.

Why Panin Capital, Pt has an 8- and an 11-character code

A BIC is built from a few fixed parts: characters one to four stand for the bank, characters five and six show the country and characters seven and eight indicate the location. For Panin Capital, Pt, the 8-character core is PANCIDJ1.

Most payment forms work with both lengths. If yours asks for eleven characters, enter PANCIDJ1XXX, otherwise PANCIDJ1 is fine.

As a rule the code is written in capitals. Pasting the code beats typing it by hand.

Is PANCIDJ1 still correct? How to check

Have the recipient send you the account details directly from their banking app. Compare that code with PANCIDJ1 here; if they differ, ask before you pay.

Mistakes in the SWIFT code are annoying rather than fatal. Remember the IBAN: an error there is harder to undo than a wrong code.

A validity check by your bank merely tells you that the code is valid – not that it belongs to the person you mean to pay. Some banks now compare the name against the account; take any warning seriously. For a first payment, some people start with a small amount first.

Incoming international payments to Panin Capital, Pt

For a transfer from abroad into your account at Panin Capital, Pt, the person paying you needs not just the SWIFT code. The basics are: your name, account number or IBAN, PANCIDJ1XXX and, for some countries, your home address.

Their bank might also ask for the address of your bank. Double-check the details before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often lower than the amount sent. Intermediary banks may deduct a fee, Panin Capital, Pt may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. Make clear with the sender who covers the fees.

What a transfer from Panin Capital, Pt abroad really costs

The price of an international transfer has several parts. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup.

The markup on the rate is often the biggest cost because it is hidden in the rate. Check their rate against the mid-market rate.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer. GoldexPay compares transfer providers side by side, showing the amount the recipient gets before you commit. Using a transfer service does not mean closing your account at Panin Capital, Pt – you pay the provider from your own account.

Panin Capital, Pt: head office code versus branch codes

Panin Capital, Pt has 2 different SWIFT/BIC codes across 2 locations. One of them is the head office code; the rest belong to branches or departments.

Unless the recipient tells you otherwise, go with PANCIDJ1XXX or its short form PANCIDJ1. If you have been given a branch code, stick to it instead of swapping it with the head office code.

Unsure which code applies? Ask the recipient. Codes for branches are more prone to change than PANCIDJ1XXX when a bank merges or closes offices.

How long does an international transfer to Panin Capital, Pt take?

How quickly a payment arrives at Panin Capital, Pt depends on several factors: which currency you send, the number of banks in between, daily processing deadlines and time zones. Payments made after the cut-off time or just before weekends and holidays usually go out a business day later. Compliance checks by one of the banks can also cause a delay, even when all details are correct.

Many banks are connected to SWIFT gpi. Each gpi transfer carries a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually provide tracking in their app showing where the payment has got.

If the money does not arrive within the expected time, the sender needs to contact their own bank, not the receiving bank. On the receiving end, it helps to look at your statements to see a partial amount because fees can reduce the amount.

Protect yourself against fake payment requests

Scammers regularly use fake invoices with changed bank details, sometimes in an email that looks completely genuine. A real SWIFT code says nothing about who owns the account.

Always confirm a change of bank details by phone, using a number you already had. Urgency and secrecy tend to be warning signs; a genuine business can wait for you to check. When a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to send back the difference. Do not act before the money is actually in your account – ask Panin Capital, Pt if something looks wrong.

Where our SWIFT data comes from

The details here come from public sources that we update regularly. Still, banks merge, rename themselves or retire codes and our data may lag behind. The number of codes we show reflect what is in our directory.

Treat the information on this page as a handy check and rely on the recipient or Panin Capital, Pt for the final confirmation. GoldexPay is not affiliated with Panin Capital, Pt. Should you notice something that is out of date, we appreciate a short note via the contact page.