SWIFT/BIC code TERMUS41XXX
TERMUS41XXX belongs to Term Commodities, Inc. in Chicago,il, United States.
Code details
| SWIFT/BIC code | TERMUS41XXX |
|---|---|
| 8-character code | TERMUS41 |
| Branch code | XXX |
| Bank | Term Commodities, Inc. |
| Branch | Head office |
| City | Chicago,il |
| Country | United States |
How the Term Commodities, Inc. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TERM 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
What bank is behind BIC TERMUS41XXX?
The code TERMUS41XXX belongs to the head office of Term Commodities, Inc. in Chicago,il, United States. Use it when a payment to Term Commodities, Inc. does not need a specific branch.
What do the letters in TERMUS41XXX mean?
TERM is the institution code of Term Commodities, Inc., US stands for United States, 41 is the code for the city or region and XXX means the head office.
Which details do I need to send money to an account at Term Commodities, Inc.?
You need the SWIFT/BIC code TERMUS41XXX, the IBAN or local account number of the recipient, their full name and address. United States uses international SWIFT transfers, so the BIC is required.
How long does it take to send money to Term Commodities, Inc.?
An international SWIFT transfer usually takes 1–5 business days, depending on correspondent banks and time zones. Specialist transfer services are often faster and cheaper.
Is TERMUS41 and TERMUS41XXX the same SWIFT code?
Yes, they are. TERMUS41 is the 8-character version of TERMUS41XXX. The XXX at the end only refers to the head office, so either version routes your payment to Term Commodities, Inc. in Chicago,il.
What happens if I use TERMUS41XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check TERMUS41XXX against the details from Term Commodities, Inc. before sending.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.