SWIFT/BIC code SOIRUS31XXX

SOIRUS31XXX belongs to Somerset Investment Group in Chester,nj, United States.

SOIRUS31XXX

Code details

SWIFT/BIC codeSOIRUS31XXX
8-character codeSOIRUS31
Branch codeXXX
BankSomerset Investment Group
BranchHead office
CityChester,nj
CountryUnited States

How the Somerset Investment Group SWIFT/BIC is structured

A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:

SOIR Bank code
4 letters that identify the bank.
US Country code
2 letters for the country (ISO 3166).
31 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 BIC SOIRUS31XXX?

The code SOIRUS31XXX belongs to the headquarters of Somerset Investment Group in Chester,nj, United States. It is the code to use when a payment to Somerset Investment Group does not need a specific branch.

What does each part of SOIRUS31XXX mean?

SOIR is the institution code of Somerset Investment Group, US stands for United States, 31 is the code for the city or region and XXX means the head office.

What do I need for a transfer to an account at Somerset Investment Group?

Have ready the SWIFT/BIC code SOIRUS31XXX, the IBAN or local account number of the recipientand the name of the account holder. United States is not part of SEPA, so always include the BIC.

What happens if I use SOIRUS31XXX incorrectly?

Your transfer can bounce, get stuck or cost extra. Always check SOIRUS31XXX against the details from Somerset Investment Group before sending.

How long does it take to send money to Somerset Investment Group?

An international SWIFT transfer usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often quicker than a bank.

Is SOIRUS31 and SOIRUS31XXX the same code?

Yes. SOIRUS31 is the 8-character version of SOIRUS31XXX. The XXX at the end only refers to the head office, so both will reach Somerset Investment Group in Chester,nj.

Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.