SWIFT Code PRFSUS31 — PROGRESSIVE FINANCIAL STRATEGIES, INC., PROVIDENCE,RI

About SWIFT Code PRFSUS31 — PROGRESSIVE FINANCIAL STRATEGIES, INC., PROVIDENCE,RI

SWIFT code PRFSUS31 is the official 8-character head-office BIC (Bank Identifier Code) for PROGRESSIVE FINANCIAL STRATEGIES, INC. in PROVIDENCE,RI, 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 PROGRESSIVE FINANCIAL STRATEGIES, INC. for all outward international remittances from PROVIDENCE,RI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PRFSUS31

The code PRFSUS31 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PRFSUS31

Receiving International Wire Transfers

To receive money from abroad at your PROGRESSIVE FINANCIAL STRATEGIES, INC. account in PROVIDENCE,RI, share SWIFT code PRFSUS31 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 PROGRESSIVE FINANCIAL STRATEGIES, INC., PROVIDENCE,RI must provide SWIFT code PRFSUS31. 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 PROGRESSIVE FINANCIAL STRATEGIES, INC. in PROVIDENCE,RI rely on SWIFT code PRFSUS31 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 PROGRESSIVE FINANCIAL STRATEGIES, INC. →

For cheque clearing or NACH mandates, use the MICR code for PROGRESSIVE FINANCIAL STRATEGIES, INC. →

For TDS challan deposits, find the BSR code for PROGRESSIVE FINANCIAL STRATEGIES, INC. →

How SWIFT Code PRFSUS31 Routes an International Transfer

1. Initiation: The sender provides SWIFT code PRFSUS31 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 PROGRESSIVE FINANCIAL STRATEGIES, INC..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PROGRESSIVE FINANCIAL STRATEGIES, INC. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PRFSUS31

• Spaces or lowercase letters — Always enter PRFSUS31 uppercase with no spaces.
• Using the wrong city — This code is for PROVIDENCE,RI 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 PRFSUS31 directly with PROGRESSIVE FINANCIAL STRATEGIES, INC.'s PROVIDENCE,RI branch or via the SWIFT BIC Directory.