Bank Insinger de Beaufort N.V. SWIFT/BIC code

Bank Insinger de Beaufort N.V. SWIFT code: INSINL2A

The 8-character code INSINL2A and the 11-character code INSINL2AXXX refer to the same bank: Bank Insinger de Beaufort N.V. in Amsterdam, Netherlands. The code has a single purpose: it ensures that a cross-border transfer reaches the right bank. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

On this page you can read how the code is put together, when you need it and which other details a transfer to or from Bank Insinger de Beaufort N.V. requires. The SWIFT code alone does not identify an individual account holder; for that you need the account number or IBAN .

A note on our data

We collect bank codes from public sources and check our list from time to time. Banks reorganise, change names and retire codes, and a directory never catches every change immediately. The number of codes we show reflect our own data, not official figures from Bank Insinger de Beaufort N.V..

For any payment of any size, always confirm the BIC with Bank Insinger de Beaufort N.V. or with the recipient. GoldexPay is not affiliated with Bank Insinger de Beaufort N.V.. Should you notice a mistake, we appreciate a short note via the contact page.

Changed bank details? Be careful

Scammers regularly use payment requests containing new bank details, sometimes in an email that looks completely genuine. The fact that INSINL2A exists does not mean that the account is legitimate – fraudsters use real bank codes as well.

Do not rely on contact details in the same message that announces the new account. Pressure or secrecy tend to be warning signs. Acted too fast? Contact your bank straight away and have them try to recall the payment; also report it to the police.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference abroad. Wait until the money is actually in your account and check with Bank Insinger de Beaufort N.V. if anything seems off.

Paying Bank Insinger de Beaufort N.V. in euros within SEPA

Inside SEPA, euro payments to Bank Insinger de Beaufort N.V. follow common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing for those payments.

Outside the euro and for senders outside SEPA, INSINL2AXXX or INSINL2A is still part of the payment details. If a payment form has a field for the BIC regardless, adding INSINL2A does no harm.

Instant euro transfers have become widely available within SEPA. Fees for SEPA transfers are generally low.

What a transfer from Bank Insinger de Beaufort N.V. abroad really costs

A bank transfer abroad costs more than the fee suggests. You pay the transfer fee, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate.

That exchange rate margin tends to be the largest item, and it is easy to miss. An easy check: put the rate you get next to the mid-market rate and look at the difference.

For many routes, a specialist provider is cheaper than a bank. GoldexPay lists transfer providers side by side so you can see what actually arrives for the same amount sent. Choosing a specialist does not require closing your account at Bank Insinger de Beaufort N.V.: you simply pay the service from your account.

Verifying the SWIFT code of Bank Insinger de Beaufort N.V.

Have the recipient send you the bank details directly from their online banking. Check it with INSINL2A here.

Mistakes in the BIC are annoying more than disastrous. A mistake in the account number is more serious because it can reach the wrong person.

Many banking apps check the format of IBANs and some suggest the matching BIC. If your bank offers it, a name check before sending gives an extra layer of safety. A small test payment can be a sensible step for a large first payment, even if it costs an extra fee.

Choosing between the 2 SWIFT codes of Bank Insinger de Beaufort N.V.

We have 2 SWIFT/BIC codes for Bank Insinger de Beaufort N.V., spread over 1 cities. Next to the head office code INSINL2AXXX, there are codes for regional offices and specialised units.

In most cases there is no need to look up a branch: transfers sent to INSINL2AXXX reach Bank Insinger de Beaufort N.V. correctly. When you receive a branch code, use it as it is instead of replacing it with the head office code.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to change than INSINL2AXXX when a bank merges or closes offices.

INSINL2A or INSINL2AXXX – which one to use?

The structure of a BIC is always the same: four characters for the institution, two for the country and a two-character location code, sometimes followed by a branch code. Together, these eight characters form INSINL2A, the code most people search for.

Many payment forms accept either length. If a form asks for eleven characters, use INSINL2AXXX.

Do not add spaces or dashes when you type INSINL2A. A single letter may route the money to a different institution, so copy it carefully.

Transfer times and tracking a payment to Bank Insinger de Beaufort N.V.

A SWIFT payment typically takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Transfers sent after the cut-off time or just before a weekend or public holiday usually go out a business day later. Extra checks by one of the banks can also cause some delay.

If the money is late, ask the sending bank about the status and the transaction reference so they can trace it along the chain. Keep the payment confirmation until the recipient confirms.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank rather than Bank Insinger de Beaufort N.V.. Request from the sender a copy of the payment confirmation including the reference; that often settles the question quickly.

Getting paid from abroad into a Bank Insinger de Beaufort N.V. account

To receive a transfer from abroad at Bank Insinger de Beaufort N.V., the person paying you needs more than the SWIFT code. The basics are: the account holder’s name, IBAN or account number, INSINL2AXXX and in many cases your postal address.

Some sending banks want the bank’s address in Amsterdam. Double-check each detail before you send them.

Money from abroad will not always arrive in full. Correspondent banks can take a fee, Bank Insinger de Beaufort N.V. may charge for incoming payments, and if the currency changes, an exchange rate margin applies. On invoices, you can agree who bears the costs, so that nobody is left short.

The Euro and what conversion costs you

The national currency of Netherlands is the Euro (EUR). Money sent in a different currency will be converted into EUR before it reaches the account. Every conversion eats into something – usually through the rate rather than a fee.

Which bank converts the payment matters. In many cases it is cheaper to send EUR straight away via a transfer service with a good rate rather than letting the receiving bank convert.

Exchange rates change during the day, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over a year.