To make a wire transfer, you need a SWIFT code, so what is Chase Bank Swift code? This post will give you the Chase Bank Swift code and all the information you need to make a worldwide transaction (wire transfer) on Chase Bank.
What is a SWIFT/BIC Code?
Before we delve into Chase Bank’s specific SWIFT/BIC code, let’s establish a fundamental understanding of what a SWIFT/BIC code is.
SWIFT, which stands for the Society for Worldwide Interbank Financial Telecommunication, is a globally recognized system that enables financial institutions to securely exchange information and conduct transactions. Within the SWIFT network, every financial institution is assigned a unique code known as a SWIFT/BIC code. This code serves as a standardized identifier, ensuring that funds are routed to the correct destination during international transactions.
In the case of Chase Bank, their SWIFT/BIC code is crucial for anyone engaging in international financial activities involving this institution. Let’s dive deeper into Chase Bank’s SWIFT/BIC code.
Chase Bank SWIFT/BIC Code
The SWIFT/BIC code for Chase Bank is CHASUS33XXX. This alphanumeric code is designed to provide precise information about Chase Bank’s location and identity within the global banking network. Let’s break down the components of this code:
- CHAS: This four-letter code represents Chase Bank’s unique identifier within the SWIFT network.
- US: The two-letter country code, in this case, signifies the United States, indicating the country where Chase Bank is located.
- 33: These two digits represent the location code for the specific branch of Chase Bank. In this instance, it helps pinpoint the bank’s location within the United States.
- XXX: The final three characters, “XXX,” are reserved for the branch code. In the case of Chase Bank, this is often left blank, indicating the main office.
What is the SWIFT code for Chase Bank (Jp Morgan Chase)?
- Bank Name: JPMorgan CHASE BANK, N.A.
- SWIFT code: CHASUS33XXX
- Bank address: 383 MADISON AVENUE
- City: NEW YORK
- Country: United States
When Do You Need the Chase Bank SWIFT/BIC Code?
Now that we understand what a SWIFT/BIC code is and have the specific code for Chase Bank, let’s explore the scenarios in which you might need to utilize it:
1. International Wire Transfers
When sending or receiving money internationally, the SWIFT/BIC code is essential. It ensures that your funds are routed accurately to your Chase Bank account or the recipient’s account.
2. Receiving Funds from Abroad
If you are expecting funds from overseas, providing your Chase Bank SWIFT/BIC code to the sender is crucial. This code guarantees that the funds reach your account without any hitches.
3. Confirming Banking Details
In certain cases, institutions or individuals may request your SWIFT/BIC code as a means of verifying your bank’s authenticity and location.
Why do I need the Chase Bank (Jp Morgan Chase) SWIFT code?
If you make an international money transfer to a Chase Bank (Jp Morgan Chase) bank account, or if someone transfers your money to your bank account at Chase Bank (Jp Morgan Chase) in the United States, you will be asked for a BIC/SWIFT code along with details such as the bank address. However, using traditional banks to send money abroad can be slow and expensive.
Frequently Asked Questions
What information do I need to transfer money?
To set up the recipients you want to pay, you need to provide some information for each recipient, including:
Receiver’s Name
Account number recipient
Bank routing/SWIFT number of the recipient
USD/foreign currency to use for the transfer
Recipient’s postal address with city, region, country, and zip code
Once you’ve set up your recipient information, simply choose a name from your recipient list to send money.
What is a SWIFT code?
A SWIFT code or bank identification code (BIC) identifies the bank that will receive your transfer. You need a SWIFT/BIC to send an international money transfer. If you receive an international wire transfer, tell your sender that Chase bank’s SWIFT code is CHASUS33.
If you are not familiar with the SWIFT/BIC, please contact your recipient’s bank, or when creating a recipient, you can use Chase bank Swift code search.
What is an IBAN?
An IBAN, or International Bank Account Number, identifies specific bank accounts at international banks. Depending on the country, we may ask you to provide an IBAN when sending an international wire transfer. If someone outside the US sends you money and asks for Chase bank IBAN, you must provide Chase bank’s SWIFT code, CHASUS33, and your account number. We do not use IBAN to receive incoming international payments.
What is a global transfer?
A service for sending international payments from your Chase checking account using chase.com and the Chase Mobile app. It features an exchange rate calculator so you know the exchange rate and costs before choosing/creating a recipient.
When Do Chase Bank Process Wires?
We will start processing your transfer the same business day if we receive it before the closing time. Footnote 5 (opens overlay) If we receive your request after that time, we will process it the next business day.
Before we send a transfer, it goes through an internal review process, and in some cases, we may need to contact you to verify your request. After we send the transfer, the receiving bank may have its review process, which can delay delivery.
When will the beneficiary receive the payment?
For international transfers sent from a personal account, you will receive a notification with the date when the money will be available to the recipient. All other international transfers are usually available to the recipient within 3-5 business days of being sent. Before sending money internationally, you must verify the currency of the payee’s account. Domestic cables are usually available to the recipient within one business day of shipment.
Can I send future-dated and/or recurring transfers?
Yes, for business accounts, you can schedule domestic and international wire transfers for a future date and/or regularly (i.e. weekly, biweekly, monthly, quarterly, yearly, etc.) up to 365 days in advance. For personal accounts, you can schedule domestic transfers for a future date and/or regularly up to 365 days in advance. For personal accounts, we do not allow you to schedule a future dated or repeating international transfer.
Which bank SWIFT code is CHASUS33?
The SWIFT code CHASUS33 corresponds to JPMorgan Chase Bank, N.A. This SWIFT code uniquely identifies JPMorgan Chase Bank on the SWIFT network and is used for international wire transfers and other financial transactions involving this bank.
What is the sort code for Chase Bank?
Chase Bank, being a U.S.-based bank, does not use a sort code. Sort codes are typically used in the United Kingdom and Ireland to identify specific branches of a bank. In the U.S., banks primarily use routing numbers for domestic transactions, while SWIFT codes are used for international transactions.
How do I find my SWIFT code?
You can find your SWIFT code by contacting your bank directly or by checking your bank’s official website. Additionally, you can often find your bank’s SWIFT code on your bank statements or by searching online using your bank’s name and location.
What bank is SWIFT code 021000021?
The SWIFT code 021000021 corresponds to JPMorgan Chase Bank, N.A. This SWIFT code is used for international transactions involving JPMorgan Chase Bank in the United States.
What is the IBAN for Chase Bank?
Chase Bank does not use IBAN (International Bank Account Number) as extensively as banks in Europe and other regions. Instead, Chase Bank primarily relies on routing numbers for domestic transactions and SWIFT codes for international transactions. If you need to receive an international transfer to your Chase Bank account, you should provide your account number and the CHASUS33 SWIFT code.
Is SWIFT code bank-specific?
Yes, SWIFT codes are bank-specific. Each bank is assigned a unique SWIFT code that identifies it within the SWIFT network. The SWIFT code contains information about the bank’s name, location, and branch (if applicable), ensuring that international transactions are routed accurately.
Is the SWIFT code for the bank or branch?
The SWIFT code can be used for both the bank as a whole and its branches. In many cases, a bank’s main office or headquarters will use a general SWIFT code, while individual branches may have their unique SWIFT codes, especially if they are significant or located in different countries. It is essential to use the correct SWIFT code, whether for the main bank or a specific branch, to ensure the accuracy of international transactions.
Conclusion – Chase Bank SWIFT Code
In the intricate world of global finance, precision and accuracy are paramount. Chase Bank’s SWIFT/BIC code, CHASUS33XXX, is your key to seamless international transactions. Whether you’re sending or receiving money from abroad or simply need to confirm your banking details, having this code at your fingertips ensures that your financial affairs remain smooth and secure.
So, the next time you embark on an international financial journey involving Chase Bank, rest assured that you have the knowledge and understanding needed to navigate the complex world of SWIFT/BIC codes with confidence. Your financial transactions will be as swift and precise as the code itself, ensuring your money reaches its intended destination without delay or uncertainty.