Pt Bank Ocbc Nisp Tbk SWIFT/BIC code

SWIFT/BIC code of Pt Bank Ocbc Nisp Tbk

The short code NISPIDJA and the 11-character code NISPIDJAXXX identify one and the same institution: Pt Bank Ocbc Nisp Tbk in Jakarta, Indonesia. A BIC has a single purpose: it ensures that money from abroad ends up at the right bank. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

Below we go through the practical questions: money coming in from abroad, sending money abroad and how to check a SWIFT code before you hit send. The BIC identifies an institution, never a specific account.

Verifying the SWIFT code of Pt Bank Ocbc Nisp Tbk

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

With a wrong code, the transfer may be delayed, bounce back or end up costing more. Do not forget the IBAN: a mistake there is more difficult to correct than a wrong BIC.

Many banking apps validate the format of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Where available, a name check on the recipient adds an extra layer of safety. For a first payment, many people send a small test amount and wait for confirmation.

Why Pt Bank Ocbc Nisp Tbk has an 8- and an 11-character code

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. Together, these eight characters form NISPIDJA – the version you usually see online.

The 11-character version adds three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office.

Type the code in one piece, in upper case and without spaces. A single character can send a payment to another bank.

International transfers from Pt Bank Ocbc Nisp Tbk: the real cost

What you pay for an international transfer is made up of more than one component – not just the fee on your screen. You pay the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate when the money is converted.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts using an exchange rate with a margin built in. A simple test: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a transfer service is less expensive than a bank, mainly because of the exchange rate. GoldexPay compares the amount that arrives across providers. Using a transfer service does not require closing your account at Pt Bank Ocbc Nisp Tbk.

Tracking a transfer to or from Pt Bank Ocbc Nisp Tbk

How quickly a payment arrives at Pt Bank Ocbc Nisp Tbk is determined by several factors: which currency you send, the number of banks in between, cut-off times and differences in time zone. Bank holidays in either country add a day or more. Occasionally a bank wants to know about the purpose of a payment before releasing it.

If the money seems late, ask the sending bank about the tracking status so they can trace it along the chain. Keep the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

The bank that sent the money can request a trace; the receiving side usually has nothing to trace yet. Ask the sender for the payment receipt – it helps your own bank look for the money.

How up to date is this code?

Our SWIFT/BIC directory is compiled from public sources and is updated regularly. Banks merge, close branches and change codes. The figures on this page are based on our own data, not official figures from Pt Bank Ocbc Nisp Tbk.

For any payment that matters, confirm the BIC with the recipient’s bank or with the recipient. GoldexPay is an independent comparison site for money transfers and not part of Pt Bank Ocbc Nisp Tbk. Spotted outdated information? Let us know through the contact page.

Head office or branch code at Pt Bank Ocbc Nisp Tbk?

We have 5 SWIFT/BIC codes for Pt Bank Ocbc Nisp Tbk. Besides the head office code NISPIDJAXXX, there are codes for individual branches and departments.

For the vast majority of incoming transfers, the head office code NISPIDJAXXX works fine. Just use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

The safest route is to copy the code straight from the recipient’s statement. Branch codes are sometimes changed or retired over time.

Getting paid from abroad into a Pt Bank Ocbc Nisp Tbk account

A sender in another country needs several details from you, and missing ones are a common cause of delays. What they need is: the account holder’s name, IBAN or account number, NISPIDJAXXX and in many cases your home address.

The sender’s bank might also ask for the address of your bank. Check the details before you share them, because the sender’s bank usually copies them as is.

Do not be surprised if the incoming amount is smaller than what the sender paid. Fees for incoming transfers vary from bank to bank. On invoices, it is common to agree how the fees are split.

Changed bank details? Be careful

Stay alert when a contact unexpectedly asks you to pay into a different account. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Do not rely on a phone number in the same message that contains the new account. Pressure and secrecy are warning signs – a real supplier can wait a day. When a payment was sent to a fraudster, call your bank right away.

People receiving money can be targeted as well: one known trick is a buyer who pays too much followed by a request to refund the difference. Wait until the money is actually in your account and check with Pt Bank Ocbc Nisp Tbk if anything seems off.