SWIFT/BIC code MAVNUS41XXX
MAVNUS41XXX belongs to Magnetar Investment Management in Evanston,il, United States.
Code details
| SWIFT/BIC code | MAVNUS41XXX |
|---|---|
| 8-character code | MAVNUS41 |
| Branch code | XXX |
| Bank | Magnetar Investment Management |
| Branch | Head office |
| City | Evanston,il |
| Country | United States |
The way the Magnetar Investment Management SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MAVN Bank code
- 4 letters that identify the bank.
- US Country code
- 2 letters for the country (ISO 3166).
- 41 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code MAVNUS41XXX?
The code MAVNUS41XXX belongs to the headquarters of Magnetar Investment Management in Evanston,il, United States. Use it when a payment to Magnetar Investment Management does not need a specific branch.
What happens if I enter MAVNUS41XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check MAVNUS41XXX with the recipient before you confirm.
What does each part of MAVNUS41XXX stand for?
MAVN is the institution code of Magnetar Investment Management, US stands for United States, 41 is the location code and XXX means the head office.
What do I need for a transfer to an account at Magnetar Investment Management?
You need the SWIFT/BIC code MAVNUS41XXX, the account number or IBAN of the recipientand the name of the account holder. United States uses international SWIFT transfers, so the BIC is required.
How long does a transfer to Magnetar Investment Management take in United States?
A SWIFT payment typically takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often faster than a bank.
What is the best way to send money to Magnetar Investment Management?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in US Dollar with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.