Banque Degroof Petercam (Suisse) SA SWIFT/BIC code

What PEPSCHGG means for a payment to Banque Degroof Petercam (Suisse) SA

Whether a recipient gives you PEPSCHGG or PEPSCHGGXXX, it is the identical address for Banque Degroof Petercam (Suisse) SA in Switzerland. The code does one job: it makes sure that an international payment ends up at the right bank. In daily life you usually come across it on international invoices, in your banking app and in the bank details of Banque Degroof Petercam (Suisse) SA customers.

Below you will find the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you confirm a payment. A SWIFT code identifies an institution, never a specific account; the IBAN or account number does that.

Sending money abroad from Banque Degroof Petercam (Suisse) SA

If you send money abroad via Banque Degroof Petercam (Suisse) SA, the visible fee is rarely all of what you pay. You pay the transfer fee, possibly fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts at a rate that includes a margin. An easy check: put the bank’s rate next to the mid-market rate and work out the difference on your amount.

For many routes, a transfer service is less expensive than a traditional bank transfer – mostly thanks to the rate. GoldexPay lists transfer providers next to each other, showing what actually arrives for the same amount sent. Choosing a specialist does not mean closing your account at Banque Degroof Petercam (Suisse) SA – you pay the provider from your own account.

Watch out for payment fraud

A common scam goes like this: you receive a request claiming that a supplier has new bank details. The fact that PEPSCHGG exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Always confirm a change of bank details by phone on a number you know, not one from the message. Pressure and requests to keep it quiet tend to be warning signs. When money was sent to the wrong account, contact your bank immediately.

Scams also work the other way: someone claims to have sent more than agreed and asks you to return the difference to a new account. Wait until the money is actually in your account – ask Banque Degroof Petercam (Suisse) SA if something looks wrong.

Before you send: check the Banque Degroof Petercam (Suisse) SA code

Ask the recipient to send you the bank details directly from a recent statement. If the code you have differs from PEPSCHGG or PEPSCHGGXXX, do not guess: check with the recipient or with Banque Degroof Petercam (Suisse) SA directly.

An incorrect BIC may lead to delays, a payment being sent back or extra fees. A mistake in the account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

An automatic check in your banking app only confirms that the code exists – not that it belongs to the person you mean to pay. More and more banks check the name against the account; take any warning seriously. When you pay someone new, some people send a small amount first and wait for confirmation.

Incoming international payments to Banque Degroof Petercam (Suisse) SA

Someone abroad who wants to pay you will ask for several details about your account, and missing ones are a common cause of delays. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code PEPSCHGGXXX and, often, your address.

The sender’s bank may request the address of your bank; the head office in Geneva is usually fine. Double-check the details before you send them, because the sender’s bank usually copies them as is.

The amount you receive can be less than what was sent. Charges on incoming payments vary from bank to bank; check the price list of Banque Degroof Petercam (Suisse) SA. Agree with the sender who covers the fees before the money is sent.

The Swiss Franc and what conversion costs you

Switzerland pays in the Swiss Franc, code CHF. A payment in a foreign currency will be converted into CHF. You rarely see a separate charge for the conversion.

Who does the conversion affects how much arrives. Sending the money already in CHF usually avoids an extra conversion – as long as your own rate is good.

The rate for CHF changes throughout the day, so the amount you see is usually only valid for a short time. If you pay regularly, small differences in the rate add up over time.

How up to date is this code?

The codes here are taken from publicly available data. It is possible that a code on this page is no longer current, for example after a merger. Figures such as the number of codes come from our directory and may differ from what Banque Degroof Petercam (Suisse) SA publishes.

Before any payment that matters, check the BIC with Banque Degroof Petercam (Suisse) SA or the recipient. GoldexPay has no connection to Banque Degroof Petercam (Suisse) SA. Found an error? Tell us via our contact form so we can correct it.

Banque Degroof Petercam (Suisse) SA: head office code versus branch codes

Banque Degroof Petercam (Suisse) SA uses 2 separate SWIFT/BIC codes. Only one is the head office code, PEPSCHGGXXX; the rest identify branches or departments, and sometimes internal departments.

For the vast majority of incoming transfers, the head office code PEPSCHGGXXX is the right choice. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

The best way is to copy the code straight from the account holder’s statement. Branch codes are more likely to change than the head office code when a bank merges or closes offices.

PEPSCHGG or PEPSCHGGXXX – which one to use?

The layout of a BIC never changes: a bank code of four letters, a two-letter country code and two for the location, plus an optional branch code. Together, those parts form PEPSCHGG.

The long version adds a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office, so PEPSCHGGXXX and PEPSCHGG are interchangeable.

As a rule the code is written in capitals. Copying the code is safer than retyping it, because one wrong letter changes the bank.

Paying Banque Degroof Petercam (Suisse) SA in euros within SEPA

Because Switzerland is part of SEPA, a euro transfer into Banque Degroof Petercam (Suisse) SA from another SEPA country normally only needs the IBAN. Many banks no longer ask for the BIC in that case.

A SWIFT code like PEPSCHGG still come into play when the currency is not euros and when the money comes from outside SEPA. If a payment form asks for the BIC regardless, entering PEPSCHGG is fine.

Instant euro transfers have become widely supported across SEPA; check with Banque Degroof Petercam (Suisse) SA whether it applies to your account. Fees for SEPA payments tend to be low as long as everything stays in euros.

Transfer times and tracking a payment to Banque Degroof Petercam (Suisse) SA

There is no fixed delivery time for every transfer: some land within a day, others take several business days. Transfers sent after the cut-off time or just before weekends and holidays usually start a business day later. Compliance checks on larger or unusual payments may also add a delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR that banks can use to trace it. Keep your transfer receipt; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the person who paid needs to start with the bank that sent it, not the receiving bank. On the receiving end, it helps to look at your statements for a partial amount, since fees may have been deducted.