SWIFT Code PENACH21 — PENTAGRAM SA, LUGANO PAZZALLO

About SWIFT Code PENACH21 — PENTAGRAM SA, LUGANO PAZZALLO

SWIFT code PENACH21 is the official 8-character head-office BIC (Bank Identifier Code) for PENTAGRAM SA in LUGANO PAZZALLO, Switzerland. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by PENTAGRAM SA for all outward international remittances from LUGANO PAZZALLO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PENACH21

The code PENACH21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PENACH21

Receiving International Wire Transfers

To receive money from abroad at your PENTAGRAM SA account in LUGANO PAZZALLO, share SWIFT code PENACH21 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at PENTAGRAM SA, LUGANO PAZZALLO must provide SWIFT code PENACH21. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using PENTAGRAM SA in LUGANO PAZZALLO rely on SWIFT code PENACH21 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for PENTAGRAM SA →

For cheque clearing or NACH mandates, use the MICR code for PENTAGRAM SA →

For TDS challan deposits, find the BSR code for PENTAGRAM SA →

How SWIFT Code PENACH21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code PENACH21 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to PENTAGRAM SA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PENTAGRAM SA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PENACH21

• Spaces or lowercase letters — Always enter PENACH21 uppercase with no spaces.
• Using the wrong city — This code is for LUGANO PAZZALLO only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within Switzerland.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm PENACH21 directly with PENTAGRAM SA's LUGANO PAZZALLO branch or via the SWIFT BIC Directory.