March 24, 2023
Southern Michigan Bank and Trust Swift Code with Routine Number

Southern Michigan Bank and Trust Swift Code with Routine Number

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Southern Michigan Bank and Trust Swift Code with Southern Michigan Bank and Trust routing number details. Southern Bank And Trust Company, 116 E Main St, Mount Olive, United States

Southern Michigan Bank & Trust Routing Number

A 9 digit number used to identify a Southern Michigan Bank & Trust or financial institution is known as the Southern Michigan Bank & Trust Routing Number. A routing number is also known as a routing transit number. Each financial institution has a unique routing number. This number helps identify the Southern Michigan Bank & Trust’s geographic location of the branch

Find Your Southern Michigan Bank & Trust Routing Number

This 9-digit code is used for a variety of purposes, such as wire transfers, direct deposits, bill payments, and digital checks. When someone uses these electronic transaction modes, Southern Michigan Bank & Trust will ask for the Southern Michigan Bank & Trust routing number. A routing number is also required when filing taxes and receiving discounts.

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A bank can have more than one Southern Michigan Bank and Trust routing number. So is Southern Michigan Bank & Trust. Bank mergers and locations can lead to multiple codes. Before conducting electronic transactions, it is always advisable to confirm with Southern Michigan Bank & Trust which number to use. If Southern Michigan Bank & Trust’s routing number changes on your bank account, Southern Michigan Bank & Trust will notify you in advance so you can stay informed and informed.

What is the difference between SWIFT codes and routing numbers?

One can get confused because SWIFT codes and routing numbers are used for financial transactions. Southern Michigan Bank and Trust SWIFT codes and Southern Michigan Bank & Trust routing numbers are used for separate purposes. Let’s give a clear explanation below:

  • Southern Michigan Bank and Trust Swift Code– These are the codes that are only used during international money transfers. SWIFT codes are 8-11 digit alphanumeric codes that define important details about the bank, branch, country, and account. The SWIFT code is also used by financial institutions to exchange messages with each other and is therefore also known as the largest financial messaging system in the world.
  • While the Southern Michigan Bank & Trust Routing Number is used for funds transfers that take place in the domestic domain. The Southern Michigan Bank & Trust Routing Number in the US is also known as the ABA RTN (American Banking Association Routing Transit Number) and in Canada as the Banking Code. The ABA RTN is administered by the American Bankers Association and Accuity. Southern Michigan Bank & Trust Canada routing numbers are controlled and administered by Payments Canada.
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The biggest difference between the SWIFT code and the routing number is the scope. If the payment remains domestic, the Southern Michigan Bank & Trust routing number will suffice. But if the payment is cross-border, the SWIFT code will serve the purpose.

Carry out international transactions

Sometimes when international money transfers may be required. There are several factors to consider when conducting international bank transfers. You must be aware of the exchange rate. A lot of money can be lost if a bad exchange rate is used. Look for good third-party money transfer services that can help you with cheaper exchange rates. Southern Michigan Bank & Trust employees will help you in the best way to transfer money across borders effortlessly.

SOUTHERN MICHIGAN BANK AND TRUST Routing Number: 072402283
BankSOUTHERN MICHIGAN BANK AND TRUST
Routing Number072402283
Telegraphic nameSOUTHERN COLDWATER
CityCOLDWATER
StateMI
Funds transfer statuseligible
Funds settlement-only status
Book-Entry Securities transfer statuseligible
Date of last revision (YYYYMMDD)20040226

Southern Bank And Trust Company Swift Code Details

  • A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch.
  • Bank code A-Z
  • 4 letters representing the bank. It usually looks like a shortened version of that bank’s name.
  • Country code A-Z
  • 2 letters representing the country the bank is in.
  • Location code 0-9 A-Z
  • 2 characters made up of letters or numbers. It says where that bank’s head office is.
  • Branch Code 0-9 A-Z
  • 3 digits specifying a particular branch. ‘XXX’ represents the bank’s head office.
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SWIFT codeSOTMUS33XXX
Swift code (8 characters)SOTMUS33
Branch nameSOUTHERN BANK AND TRUST COMPANY
Branch address116 E MAIN ST
Branch codeXXX
Bank nameSOUTHERN BANK AND TRUST COMPANY
CityMOUNT OLIVE
CountryUnited States