Nxchange BV SWIFT/BIC code

Nxchange BV SWIFT code: NXCHNL21

The short code NXCHNL21 and the 11-character code NXCHNL21XXX refer to one and the same institution: Nxchange BV. The code does one job: it ensures that money from abroad reaches the right bank. You will need it mainly when dealing with payments that cross a border.

On this page you can read what the code is put together, when you need it and which other details a transfer to or from Nxchange BV requires. The BIC identifies a bank or branch, never a single account; the IBAN or account number does that.

Paying someone abroad from your Nxchange BV account

The price of a payment abroad has several parts. You pay the transfer fee, possibly charges from correspondent banks in between and, most importantly, the exchange rate markup.

Many banks rarely show the margin on the rate as a cost, but you pay it all the same. Check their rate against the mid-market rate.

Specialised transfer providers often offer a rate near the mid-market rate and lower fees. Next time you send money, it is worth comparing the total cost on GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving Nxchange BV: you simply pay the service from your account.

What the XXX in NXCHNL21XXX means

The structure of every SWIFT code never changes: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. For Nxchange BV, that core is NXCHNL21.

XXX at the end of NXCHNL21XXX does not stand for a missing value or an error: it stands for the head office of Nxchange BV. Some banking apps ask for 11 characters, in which case you simply enter XXX after NXCHNL21.

Type the code in one piece, in capitals and without spaces, exactly as shown here. Pasting the code is safer than retyping it.

Verifying the SWIFT code of Nxchange BV

Have the recipient copy the account details straight from a recent statement. Check that code with NXCHNL21 here and ask if anything does not match.

Errors in the BIC tend to be costly rather than disastrous. An error in the account number is more serious, because the money may be credited to someone else.

Most online banking apps check the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks compare the payee name against the account before you confirm; take any warning seriously. Sending a small amount first can be a sensible step for large sums, even if it costs an extra fee.

Protect yourself against fake payment requests

Scammers often send fake invoices containing new bank details sent from what looks like a familiar address. A correct SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Before paying, verify a change of bank details by phone. Pressure or secrecy tend to be warning signs. Already paid? Call your bank straight away and have them try to recall the payment and report the fraud.

Scams can also target the receiver: someone sends more than agreed and wants you to return the difference to a new account. Do not act before the money is actually in your account and check with Nxchange BV if anything seems off.

Getting paid from abroad into a Nxchange BV account

Someone abroad who wants to pay you needs a few details about your account. In practice that means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code NXCHNL21XXX and sometimes your address.

Their bank might also ask for the bank address of Nxchange BV, in which case the Amsterdam head office is the usual answer. A mistake in the IBAN is more trouble than you might think; copy them from your banking app rather than typing.

An incoming payment will not always arrive for the full amount. Correspondent banks can take a fee, and if the money is converted, a markup on the rate comes on top. Make clear with the sender who covers the fees.

Tracking a transfer to or from Nxchange BV

A SWIFT payment usually needs 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 on a weekend or public holiday often start the next business day. Occasionally a bank asks what the payment is for, which can hold things up.

If the money seems delayed, contact your bank about the tracking status or the UETR. Money transfer services often provide a status online showing where the payment has got.

If a payment has not arrived within the expected time, the sender needs to start with their own bank. On the receiving end, you can look at your account for a slightly lower amount.

Euro (EUR) and conversion costs

The currency of Netherlands is the Euro (EUR). Money sent in a different currency is exchanged into EUR before it reaches the account. You rarely see a separate line for the conversion – the cost sits in the rate.

Which bank converts the payment matters. Often you pay less to send EUR directly through a provider that converts near the mid-market rate.

The rate for EUR fluctuates constantly, so the amount you see is usually only valid for a short time. For recurring payments, small differences in the rate add up over time.

A note on our data

The codes here are taken from publicly available data. Still, banks merge, rename themselves or retire codes, so information can be out of date. The number of codes on this page are based on our own data, not official figures from Nxchange BV.

Treat our directory on this page as a helpful check and rely on the recipient or Nxchange BV for the final confirmation. GoldexPay is independent of Nxchange BV; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a message.

Which of the 2 codes of Nxchange BV do you need?

Nxchange BV uses 2 separate SWIFT/BIC codes across 1 locations. Only one is the head office code, NXCHNL21XXX; the rest belong to branches, and sometimes specific services.

If nobody asks you for a branch code, go with NXCHNL21XXX or its short form NXCHNL21. If you have been given a specific code, use it as it is instead of swapping it with the head office code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes can change over time.

SEPA payments and the Nxchange BV BIC

Netherlands is part of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. For a regular euro transfer within SEPA, the IBAN is usually enough and the BIC is often filled in automatically.

The BIC still come into play when the currency is not euros. Some forms still ask for the BIC out of habit; if so, enter NXCHNL21.

Instant euro transfers have become increasingly supported across SEPA. Charges on SEPA transfers tend to be low as long as everything stays in euros.