Pacific Investment Management Co. SWIFT/BIC code

What PIMCUS61 means for a payment to Pacific Investment Management Co.

PIMCUS61 and PIMCUS61XXX are the short and the long form of the same SWIFT/BIC code, and both point to Pacific Investment Management Co. in Newport Beach,ca. A SWIFT code tells every bank in the chain which institution is meant to get the money. In daily life you mostly come across the code on invoices from abroad, in your banking app and on the account details that Pacific Investment Management Co. provides.

We wrote this page to help anyone who pays into an account at Pacific Investment Management Co. and wants to get the details right. Keep in mind that the SWIFT code only identifies the bank, not the account: the IBAN or account number does that part.

Where our SWIFT data comes from

The codes here are taken from public sources. Still, banks merge, rename themselves or retire codes and our data may lag behind. The number of codes we show are based on our own data.

See the information here as a handy check. GoldexPay is not affiliated with Pacific Investment Management Co., we only compare transfer services. Found an error? Tell us via our contact form and we will look into it.

Head office or branch code at Pacific Investment Management Co.?

Our directory lists 2 SWIFT/BIC codes for Pacific Investment Management Co., spread over 1 cities. Next to the head office code PIMCUS61XXX, you will find codes for individual branches and departments.

If nobody asks you for a branch code, go with PIMCUS61XXX or its short form PIMCUS61. If you have been given a branch code, stick to it instead of replacing it for the head office code.

When in doubt, check with the recipient which code their bank gave them. Branch codes can change over time, so a code from an old document is not always valid.

What the XXX in PIMCUS61XXX means

A SWIFT code is built from fixed blocks: characters one to four stand for the bank, the next two show the country and characters seven and eight indicate the location. Together, these eight characters form PIMCUS61 – the version you usually see online.

Many banks and apps accept both lengths. If yours requires eleven characters, use PIMCUS61XXX.

In practice the code is typed in capitals, without spaces or dashes. Copying the code beats retyping it, because one wrong letter changes the bank.

Paying into Pacific Investment Management Co. in USD

Accounts at Pacific Investment Management Co. are usually held in USD, the local currency of United States. Money sent in a different currency is exchanged into USD before it reaches the account. You rarely see a separate line for the conversion; it is built into the rate.

Which bank converts the money matters. In many cases you pay less to send USD straight away through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

Exchange rates move during the day, and some providers let you lock in a rate. For regular payments, small differences in the rate make a real difference over a year.

Getting paid from abroad into a Pacific Investment Management Co. account

When you expect a payment from another country, send the payer all details at once. Give them the account holder’s name, your account number or IBAN, SWIFT code PIMCUS61XXX and your address, which some banks require.

It helps to add Pacific Investment Management Co. and Newport Beach,ca as well, since some forms ask for it. Double-check every detail before you share them.

What lands in your account can be lower than what was sent. Fees for incoming transfers differ from bank to bank – the price list of Pacific Investment Management Co. tells you what applies. Agree with the sender who covers the fees, especially for larger amounts.

Verifying the SWIFT code of Pacific Investment Management Co.

The most reliable place for the right code is a document from the bank itself. Check it against PIMCUS61 here and ask if anything does not match.

Mistakes in the BIC tend to be costly more than fatal – usually the money comes back, minus fees and time lost. Remember the account number: a mistake there can be more difficult to undo than a wrong code.

A format check by your bank merely confirms that the IBAN exists – not that it belongs to the person you mean to pay. If your bank offers it, a name check before sending adds an extra layer of safety. For a first payment, some people send a small amount first before sending the rest.

Transfer times and tracking a payment to Pacific Investment Management Co.

There is no single delivery time: some land the same day or the next, others take several business days. Payments made after the cut-off time or just before weekends and holidays usually go out a business day later. Extra checks by one of the banks can also add a delay, even when all details are correct.

When a payment takes longer than expected, contact your bank for the tracking status or the UETR; with that reference banks can see where the payment is. Keep the payment confirmation until the money has arrived.

A delayed transfer is traced by the sending bank. Ask the sender for a copy of the payment confirmation.

International transfers from Pacific Investment Management Co.: the real cost

A bank transfer abroad can cost rather more than the listed fee. There is the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate.

That exchange rate margin tends to be the largest item because it is hidden in the rate. An easy check: set the bank’s rate against the mid-market rate and look at the difference.

For a lot of currency pairs, a transfer service is cheaper than a traditional bank transfer – mostly thanks to the rate. GoldexPay compares what recipients receive with different services, which makes the cheapest option easy to spot. You can still use your account at Pacific Investment Management Co., while a cheaper service handles the conversion.

Scams that use SWIFT codes

Fraudsters often send payment requests containing new bank details, sometimes in an email that looks completely genuine. A valid SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Check changed payment details through a different channel, such as a phone number you already know, never via the email that asked for the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Already paid? Call the bank you paid from without delay and have them start a recall.

Scams can also work the other way. Someone claims to have sent too much and wants you to return the difference to a new account. Do not act before the money is actually in your account – ask Pacific Investment Management Co. if something looks wrong.