American Savings Bank Swift Code Information and Usage

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The Swift code for American Savings Bank is ASBAUS6S. This unique code is used for international wire transfers and is a crucial piece of information for anyone sending or receiving funds across borders.

To use the Swift code, you'll need to provide it to the sender or receiver of the funds, along with the recipient's account number and bank name. The code is usually used in conjunction with the IBAN (International Bank Account Number) and BIC (Bank Identifier Code) to ensure a smooth transfer process.

The Swift code is a 8-11 character code that identifies the bank and its location, making it an essential tool for international transactions. American Savings Bank has its own unique Swift code, which is recognized globally by financial institutions.

What is SWIFT Code?

The SWIFT code, also known as a SWIFT number or BIC (Bank Identifier Code), is used for the identification of banks and financial institutions globally when making international money transfers.

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A SWIFT code is a minimum eight to maximum eleven digits alphanumeric, numeric or alphabetic code that identifies the country, bank, and branch of the recipient's account.

The Society for Worldwide Interbank Financial Telecommunication is the organization behind the SWIFT code, and it's used for transferring money between banks.

The SWIFT code structure is as follows:

If the SWIFT code is an eight-digit code, it may be assumed that it refers to the primary office.

Using SWIFT Code Correctly

Using the right American Savings Bank SWIFT/BIC code is crucial when making international wire transfers. You can simply use the 8-digit head office SWIFT code – ASAVUS77, and the payment will still reach your account.

The SWIFT code is unique for each American Savings Bank branch, but using the head office code is a safe bet. This way, you won't have to spend time finding the SWIFT code of your branch.

The format of a SWIFT Code is a minimum eight to maximum eleven digits alphanumeric, numeric or alphabetic code. It consists of Bank Code, Country ISO Code, Location Code, and Branch Code (Optional).

Here's a breakdown of the SWIFT Code structure:

If the Swift code is an eight-digit code, it may be assumed that it refers to the primary office.

SWIFT Code Format and Details

Bank Notes
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The SWIFT code format is a crucial piece of information when making international wire transfers. A SWIFT code is a minimum eight to maximum eleven digits alphanumeric, numeric, or alphabetic code.

The structure of a SWIFT code consists of the bank code, country ISO code, location code, and branch code (if applicable). If the SWIFT code is an eight-digit code, it may refer to the primary office.

A SWIFT code can be broken down into the following components:

  • First 4 characters - bank identification.
  • 2 characters indicating the bank's country.
  • 2 characters indicating the bank’s location.
  • 3 digits indicating the bank’s branch.

Swift Code Format

A SWIFT code is a unique identifier for a bank branch, and it's essential to use the correct one when making international wire transfers. The SWIFT code is typically 8-11 characters long.

The format of a SWIFT code is quite specific. It usually consists of 8-11 characters to identify the country, city, bank name, and bank branches.

You can use the SWIFT code to identify the bank's country, location, and branch. The first 4 characters represent the bank identification, while the next 2 characters indicate the bank's country. The following 2 characters indicate the bank's location, and the final 3 digits indicate the bank's branch.

Here's a breakdown of the SWIFT code format:

If the SWIFT code is an 8-digit code, it may refer to the primary office.

Other Swift Codes

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If you're sending money to American Savings Bank, you might be wondering if there are other SWIFT codes to use. Financial institutions often have multiple SWIFT codes representing different branches, so it's essential to double-check with the recipient before sending money.

Always verify the SWIFT code with the recipient to ensure you're using the correct one.

Frequently Asked Questions

How do I find the SWIFT code for my bank account?

Check your bank's website, mobile app, or account statements for your SWIFT code, or visit your local branch to request it

Is the SWIFT code the same for all branches?

The SWIFT code is not always the same for all branches, as it can vary by bank and even by branch. Check with your bank to confirm which SWIFT code to use for international transactions.

What is the SWIFT code of a savings account?

A SWIFT code is not specific to a savings account, but rather identifies the bank and financial institution globally, typically consisting of 8-11 characters that include country, location, and branch information. If you're looking for your bank's SWIFT code, it's usually found on your account statements or by contacting your bank directly.

Johnnie Parisian

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Here is a 100-word author bio for Johnnie Parisian: Johnnie Parisian is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for simplifying complex topics, Johnnie has established herself as a trusted voice in the world of personal finance. Her expertise spans a range of topics, including home equity loans and mortgage debt consolidation strategies.

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