Berenberg Bank (Schweiz) AG SWIFT/BIC code

Berenberg Bank (Schweiz) AG SWIFT code: BEGOCHZZ

Whether you are given BEGOCHZZ or BEGOCHZZXXX, it is the identical identifier for Berenberg Bank (Schweiz) AG in Switzerland. The code has a single purpose: it makes sure that a cross-border transfer reaches the right bank. You will need it mainly for payments that cross a border or a currency.

This page is meant to help people who sends money to an account at Berenberg Bank (Schweiz) AG and wants to get the details right. Keep in mind that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

Transfer times and tracking a payment to Berenberg Bank (Schweiz) AG

There is no fixed delivery time: many arrive within a day, others take several business days. Transfers sent after the cut-off time or just before weekends and holidays often go out the next business day. Sometimes a bank asks about the purpose of a payment before releasing it.

A growing number of banks are connected to SWIFT gpi. Every gpi transfer carries a unique reference, the UETR that banks can use to trace it. Save the payment confirmation until the money has arrived.

The bank that sent the money can start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can check your statements to see a partial amount because fees can reduce the amount.

Paying into Berenberg Bank (Schweiz) AG in CHF

Most accounts at Berenberg Bank (Schweiz) AG are typically held in CHF, the national currency of Switzerland. If you send money in a different currency, the amount gets converted at some point – by your bank, by Berenberg Bank (Schweiz) AG or by a bank in between. Every conversion eats into the amount, even when no fee is shown.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. Compare what CHF arrives via several services before choosing one.

Rates for CHF move during the day. If you pay regularly, small differences in the rate add up over time.

What the XXX in BEGOCHZZXXX means

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, characters five and six give the country and characters seven and eight mark the location. Together, those parts make up BEGOCHZZ, the code most people search for.

The 11-character version adds a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, which is why BEGOCHZZXXX and BEGOCHZZ lead to the same place.

As a rule the code is typed in capitals, without spaces or dashes. Watch for O versus 0 or I versus 1, a common source of typos.

Choosing between the 2 SWIFT codes of Berenberg Bank (Schweiz) AG

Our directory lists 2 SWIFT/BIC codes for Berenberg Bank (Schweiz) AG, spread over 1 locations. Next to the head office code BEGOCHZZXXX, there are codes for individual branches and departments.

If nobody asks you for a branch code, go with BEGOCHZZXXX or its short form BEGOCHZZ. When you receive a specific code, stick to it instead of swapping it with the head office code.

Not sure which code to use? Check with the recipient, or look at a recent statement from Berenberg Bank (Schweiz) AG. Branch codes can change when banks reorganise, so do not rely on old paperwork.

Incoming international payments to Berenberg Bank (Schweiz) AG

If you expect a payment from another country, send the payer everything they need in one go. Share the account holder’s name, the IBAN or account number, the BIC BEGOCHZZXXX and your address, which some banks require.

Their bank might also ask for the bank address of Berenberg Bank (Schweiz) AG. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

Money from abroad does not always arrive in full. Intermediary banks may deduct a fee, Berenberg Bank (Schweiz) AG may charge for incoming payments, and when currencies differ, a markup on the rate applies. Agree with the sender who covers the fees.

Watch out for payment fraud

Fraudsters often send payment requests with changed bank details. The fact that BEGOCHZZ exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Check changed payment details via a different channel, not by replying to the message. Urgency or requests to keep it quiet are red flags; a genuine business can wait for you to check. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Fraud can also target the receiver: someone sends more than agreed and asks you to refund the difference via a different route. A payment confirmation from the sender proves nothing.

About this information

The directory on GoldexPay is based on publicly available sources. Institutions merge, close branches and retire codes. The figures on this page are based on our own data.

For a payment that matters, always check the BIC with Berenberg Bank (Schweiz) AG or the recipient. GoldexPay is not affiliated with Berenberg Bank (Schweiz) AG; we are a comparison site for money transfers. Should you notice a mistake, we welcome a message.

International transfers from Berenberg Bank (Schweiz) AG: the real cost

What you pay for an international transfer has more than one component – not just the fee on your screen. You pay the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup.

The markup on the rate tends to be the biggest cost even though it is not listed as a fee. Compare their rate against the mid-market rate – the rate you find on financial news sites.

For many currency pairs, a specialist provider is less expensive than a bank – mostly thanks to the rate. Next time you send money, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. You can always keep your account at Berenberg Bank (Schweiz) AG to fund the transfer; only the conversion and sending happen elsewhere.

Is BEGOCHZZ still correct? How to check

The most reliable place for the right code is a document from the bank itself. If the code you have differs from BEGOCHZZ or BEGOCHZZXXX, stop and ask.

If the code is wrong, the payment might get stuck, be returned or cost extra, and tracing it can take weeks. Remember the account number: an error there is more difficult to undo than a wrong code.

Most online banking apps validate the format of an IBAN. More and more banks compare the payee name against the account before you confirm – do not ignore a mismatch warning. Sending a small amount first can be worth it for a large first payment despite the extra fee.

Do you need BEGOCHZZ for a SEPA transfer?

Within the SEPA zone, euro transfers to an account in Switzerland use common rules. The BIC field is usually optional or missing in that case.

You still need BEGOCHZZXXX for non-euro payments or money from outside the SEPA area. If a payment form has a field for the BIC anyway, entering BEGOCHZZ does no harm.

Euro payments within SEPA normally land within one business day; instant payments are faster if both banks offer them. Provided no currency is converted, a SEPA transfer is inexpensive; costs rise once a conversion is involved.