SWIFT Code PPEMUS61 — PILLAR POINT EQUITY MANAGEMENT, DALY CITY,CA

About SWIFT Code PPEMUS61 — PILLAR POINT EQUITY MANAGEMENT, DALY CITY,CA

SWIFT code PPEMUS61 is the official 8-character head-office BIC (Bank Identifier Code) for PILLAR POINT EQUITY MANAGEMENT in DALY CITY,CA, United States. 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 PILLAR POINT EQUITY MANAGEMENT for all outward international remittances from DALY CITY,CA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PPEMUS61

The code PPEMUS61 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PPEMUS61

Receiving International Wire Transfers

To receive money from abroad at your PILLAR POINT EQUITY MANAGEMENT account in DALY CITY,CA, share SWIFT code PPEMUS61 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 PILLAR POINT EQUITY MANAGEMENT, DALY CITY,CA must provide SWIFT code PPEMUS61. 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 PILLAR POINT EQUITY MANAGEMENT in DALY CITY,CA rely on SWIFT code PPEMUS61 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 PILLAR POINT EQUITY MANAGEMENT →

For cheque clearing or NACH mandates, use the MICR code for PILLAR POINT EQUITY MANAGEMENT →

For TDS challan deposits, find the BSR code for PILLAR POINT EQUITY MANAGEMENT →

How SWIFT Code PPEMUS61 Routes an International Transfer

1. Initiation: The sender provides SWIFT code PPEMUS61 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 PILLAR POINT EQUITY MANAGEMENT.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PILLAR POINT EQUITY MANAGEMENT receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PPEMUS61

• Spaces or lowercase letters — Always enter PPEMUS61 uppercase with no spaces.
• Using the wrong city — This code is for DALY CITY,CA 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 United States.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm PPEMUS61 directly with PILLAR POINT EQUITY MANAGEMENT's DALY CITY,CA branch or via the SWIFT BIC Directory.