Neue Privat Bank AG SWIFT/BIC code

SWIFT/BIC code of Neue Privat Bank AG

NEPICHZ1 and NEPICHZ1XXX are two ways of writing the same bank identifier, and both lead to Neue Privat Bank AG in Zurich. Banks worldwide use BIC codes to route international transfers to the correct bank. In practice you mostly see it on international invoices, in payment forms and on the account details of Neue Privat Bank AG 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. The BIC names a bank or branch, not a single account.

8 or 11 characters: NEPICHZ1 versus NEPICHZ1XXX

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. Together, those parts form NEPICHZ1, the code most people search for.

XXX at the end of NEPICHZ1XXX is not a placeholder or a mistake: it stands for the head office of Neue Privat Bank AG. Certain payment forms ask for 11 characters, and then you can add XXX after NEPICHZ1.

Type the code in one piece, in upper case and without spaces. Watch for O versus 0 or the letter I and the digit 1, a common source of typos.

Where our SWIFT data comes from

We collect SWIFT/BIC codes from public sources and update them regularly. Banks reorganise, change names and change codes. Counts and locations are from our own dataset and may differ from what Neue Privat Bank AG publishes.

Before a payment that matters, always check the code with Neue Privat Bank AG or the recipient. GoldexPay is an independent comparison service for money transfers and not affiliated with Neue Privat Bank AG. Spotted an error? Let us know through the contact page.

Receiving money from abroad at Neue Privat Bank AG

When you expect money from abroad, give the sender everything they need in one go. What they need is: your name, account number or IBAN, NEPICHZ1XXX and in many cases your home address.

It helps to include the bank name and Zurich too, since some forms ask for it. A typo in your account number is harder to fix than it looks.

An incoming payment will not always arrive in full. Intermediary banks may deduct a fee, and if the money is converted, a markup on the rate applies. On invoices, you can state how the fees are split, so that nobody is left short.

Do you need NEPICHZ1 for a SEPA transfer?

Switzerland is part of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a standard euro transfer within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

For anything other than euros and from non-SEPA countries, NEPICHZ1XXX is still part of the payment details. A few banks and apps still show a field for the BIC out of habit; in that case, enter NEPICHZ1 or NEPICHZ1XXX.

SEPA transfers normally land by the next business day, and instant transfers in seconds where both banks support them. Fees for SEPA payments tend to be low, as long as no currency conversion is involved.

Is NEPICHZ1 still correct? How to check

The safest source for the BIC is the recipient’s own bank details. If the code you have differs from NEPICHZ1 or NEPICHZ1XXX, stop and ask: check with the recipient or with Neue Privat Bank AG directly.

An incorrect BIC can cause delays, a payment being sent back or additional charges along the way. Remember the IBAN: a mistake there is harder to undo than a wrong code.

An automatic check by your bank only confirms that the IBAN is valid. Where available, a name check on the recipient gives an extra layer of safety. When you pay someone new, many people start with a small amount first.

Choosing between the 2 SWIFT codes of Neue Privat Bank AG

Our database contains 2 SWIFT/BIC codes for Neue Privat Bank AG. Besides the head office code NEPICHZ1XXX, there are codes for individual branches and departments.

In most cases there is no need to look up a branch: payments addressed to NEPICHZ1XXX reach Neue Privat Bank AG without problems. A branch code only makes sense when the recipient’s bank specifically mentions it, which is more common for corporate accounts and trade services.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are more likely to be retired than NEPICHZ1XXX when a bank merges or closes offices.

Watch out for payment fraud

Be wary when someone unexpectedly wants you to pay into a different account abroad. A correct SWIFT code says nothing about who owns the account.

Before paying, confirm a change of bank details by phone. Urgency and secrecy tend to be warning signs; a genuine business can wait for you to check. Already paid? Call your bank straight away and have them start a recall and report the fraud.

Fraud can also work the other way: someone sends more than agreed and wants you to return the extra via a different route. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

Tracking a transfer to or from Neue Privat Bank AG

There is no single answer for every transfer: some land the same day or the next, others take several business days. Weekends and public holidays in the sending or receiving country can add extra days. Sometimes a bank asks what the payment is for, which can hold things up.

If the money seems late, ask the sending bank about the tracking status so they can trace it along the chain. Save your transfer receipt until the recipient confirms.

A missing payment has to be investigated by the sending bank on the basis of the transfer details. Request from the sender a copy of the payment confirmation – it helps your own bank look for the money.

The Swiss Franc and what conversion costs you

The currency in Switzerland is the Swiss Franc (CHF). Money sent in a different currency is exchanged into CHF before it reaches the account. There is rarely a separate charge for that conversion – the cost sits in the rate.

Who does the conversion has an effect on how much arrives, as rates and margins differ per bank. In many cases it is cheaper if you send CHF straight away via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

The CHF rate changes constantly and quotes are often valid only for a short time. For recurring payments, small differences in the rate add up over a year.

Sending money abroad from Neue Privat Bank AG

What you pay for an international transfer is made up of several parts. Besides the transfer fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank often applies a rate below the real market rate.

Banks rarely list their exchange rate markup as a cost – you only notice it if you compare. A simple test: put the rate you get against the mid-market rate for the same moment and look at the difference.

Specialist money transfer services frequently use a rate near the mid-market rate with clearer fees. GoldexPay compares transfer providers side by side, showing what actually arrives for the same amount sent. Using a transfer service does not require closing your account at Neue Privat Bank AG – you pay the provider from your own account.