Irish Progressive Services International LTD SWIFT/BIC code

SWIFT/BIC code of Irish Progressive Services International LTD

The 8-character code IPSIIE2D and the full code IPSIIE2DXXX identify the same bank: Irish Progressive Services International LTD in Dublin, Ireland. The code does one job: it ensures that money from abroad ends up at the right bank. In daily life you mostly see the code on invoices from abroad, in your banking app and on the account details of Irish Progressive Services International LTD customers.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to check the code before you confirm a payment. Keep in mind that the BIC just identifies the bank, not the person: the IBAN or account number takes care of that.

How to check IPSIIE2D before you pay

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Compare it against IPSIIE2D on this page.

If the code is wrong, the payment may get stuck, bounce back or cost extra, and tracing it can take weeks. A mistake in the IBAN or account number is more serious.

Many banking apps validate the structure of an IBAN and some suggest the matching BIC. Some banks now check the name against the account before you confirm – do not ignore a mismatch warning. Sending a small amount first is a sensible step for large sums, even if it costs an extra fee.

Protect yourself against fake payment requests

Criminals regularly send fake invoices with changed bank details, sometimes in an email that looks completely genuine. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Always confirm changed bank details by phone, using a number you already had. Pressure or requests to keep it quiet are red flags. If a payment has already gone to a fraudster, contact your bank immediately.

Recipients are targeted too: one known trick is an overpayment followed by a request to send back the difference. Wait until the money is actually in your account – ask Irish Progressive Services International LTD if something looks wrong.

The Euro and what conversion costs you

Ireland pays in the Euro, with the currency code EUR. If you send another currency gets converted somewhere along the way: by your bank, an intermediary or Irish Progressive Services International LTD itself. Each conversion eats into the amount – usually through the rate rather than a fee.

Who does the conversion affects how much arrives. Sending the money already in EUR usually avoids a second conversion at the receiving end.

The EUR rate fluctuates constantly, so the amount you see is usually only valid for a short time. With bigger transfers, a small difference in the rate can be worth more than the fee.

Irish Progressive Services International LTD: head office code versus branch codes

With 2 codes, Irish Progressive Services International LTD belongs to the banks that register individual codes for branches and departments. The main code remains IPSIIE2DXXX.

Usually you do not need to look up a branch: payments addressed to IPSIIE2DXXX reach Irish Progressive Services International LTD correctly. When you receive a branch code, stick to it rather than swapping it for the head office code.

Not sure which code applies? Check with the recipient. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

International transfers from Irish Progressive Services International LTD: the real cost

If you transfer money abroad via Irish Progressive Services International LTD, the fee you see is rarely all of what you pay. There is the transfer fee, sometimes charges from correspondent banks along the way and, most importantly, the margin on the exchange rate.

The real cost is often in the rate: many banks convert using an exchange rate with a margin built in. Compare their rate against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For many currency pairs, a specialist provider turns out to be cheaper than a bank, mainly because of the exchange rate. Before your next transfer, it is worth comparing the total cost via GoldexPay instead of going straight to your bank. Using a transfer service does not mean closing your account at Irish Progressive Services International LTD: you simply pay the service from your account.

Why Irish Progressive Services International LTD has an 8- and an 11-character code

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. Combined, those parts make up IPSIIE2D, the code most people search for.

The 11-character version has three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office, so IPSIIE2DXXX and IPSIIE2D are interchangeable.

In practice the code is typed in capitals. A wrong letter may route the money to a different institution, so copy it carefully.

Where our SWIFT data comes from

This directory is based on publicly available sources. Even so, banks merge, rename themselves or retire codes and our data may lag behind. The number of codes we show are based on what is in our directory.

For a payment that matters, always confirm the BIC with the recipient’s bank or the recipient. GoldexPay has no connection to Irish Progressive Services International LTD; we are a comparison site for money transfers. If you notice something that is out of date, we appreciate a short note.

Transfer times and tracking a payment to Irish Progressive Services International LTD

There is no single answer: some arrive within a day. Transfers sent after the cut-off time or on a weekend or public holiday usually go out a business day later. Occasionally a bank wants to know what the payment is for before releasing it.

Many banks are connected to SWIFT gpi. Every gpi transfer gets a unique reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt until the recipient confirms – you will need it for any trace request.

If the money does not arrive after a few business days, the person who paid needs to contact their own bank. As a recipient, it helps to check your account to see a partial amount, since fees may have been deducted.

Euro transfers to Irish Progressive Services International LTD: is a BIC needed?

Since Ireland is in SEPA, a euro payment to Irish Progressive Services International LTD from within the SEPA area normally only needs an IBAN. Many banks no longer ask for the BIC in that case or fill it in for you.

You still need IPSIIE2DXXX for non-euro payments or transfers from countries outside SEPA. If a payment form has a field for the BIC anyway, entering IPSIIE2D is fine.

SEPA transfers usually arrive by the next business day, and instant transfers in seconds where both banks support them. As long as the payment stays in euros, the transfer tends to be inexpensive; costs rise once a conversion is involved.

What to give a sender who pays you at Irish Progressive Services International LTD

A sender in another country will ask for a few details from you – incomplete details often cause delays. Give them your name as the bank knows it, your account number or IBAN, the BIC IPSIIE2DXXX and your address.

Some sending banks also ask for the name and address of Irish Progressive Services International LTD in Dublin, so keep it at hand. Check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than what was sent. Fees for incoming transfers differ per bank; check the price list of Irish Progressive Services International LTD. Agree with the sender who covers the fees.