Goldman Sachs Financial Markets Pty LTD SWIFT/BIC code

What GOLDAU2S means for a payment to Goldman Sachs Financial Markets Pty LTD

The 8-character code GOLDAU2S and the full code GOLDAU2SXXX identify the same bank: Goldman Sachs Financial Markets Pty LTD. The code has a single purpose: it makes sure that a cross-border transfer ends up at the right bank. You will need it mostly when dealing with transfers between countries and payments in foreign currencies.

We wrote this page to help anyone who receives money at an account at Goldman Sachs Financial Markets Pty LTD. The SWIFT code alone cannot identify an individual account holder; for that you need the IBAN or account number is for.

Transfer times and tracking a payment to Goldman Sachs Financial Markets Pty LTD

An international transfer typically takes one to a few business days. Bank holidays in the sending or receiving country add a day or more, since banks do not process on those days. Sometimes a bank wants to know about the purpose of a payment before releasing it.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment carries a unique reference, the UETR that banks can use to trace it. Specialist transfer services often show a status in their app showing where the money is.

A delayed transfer is investigated by the sending bank. Request from the sender a copy of the payment confirmation with the date and reference; that often settles the question quickly.

Where our SWIFT data comes from

We collect SWIFT/BIC codes using publicly available data and check our list regularly. It is possible that information on this page is no longer current, for example after a merger. Counts and locations are from our own dataset and are not confirmed by Goldman Sachs Financial Markets Pty LTD.

For a payment that matters, always confirm the BIC with Goldman Sachs Financial Markets Pty LTD or the recipient. GoldexPay has no connection to Goldman Sachs Financial Markets Pty LTD. Spotted outdated information? Tell us through the contact page so we can correct it.

Paying someone abroad from your Goldman Sachs Financial Markets Pty LTD account

When you send money abroad via Goldman Sachs Financial Markets Pty LTD, the fee you see is only part of what you pay. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted, the bank usually applies a rate below the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate with a margin built in. An easy check: put the rate you get next to the mid-market rate and look at the difference.

Specialist money transfer services frequently use rates closer to the mid-market rate. GoldexPay compares the amount that arrives with different services, so you can pick the cheapest route. You can always use your account at Goldman Sachs Financial Markets Pty LTD to fund the transfer; only the conversion and sending happen elsewhere.

Verifying the SWIFT code of Goldman Sachs Financial Markets Pty LTD

The safest source for a SWIFT code is the bank details provided by the recipient. When the code you were given does not match GOLDAU2S or GOLDAU2SXXX, stop and ask.

With a wrong code, the payment may get stuck, bounce back or end up costing more – sometimes after weeks of searching. An error in the account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

Many banking apps validate the format of IBANs and some suggest the matching BIC. Some banks now check the name against the account before you confirm. Sending a small amount first is a sensible step for a large first payment.

8 or 11 characters: GOLDAU2S versus GOLDAU2SXXX

The layout of every SWIFT code never changes: a bank code of four letters, a two-letter country code and two for the location. In this case, the 8-character core is GOLDAU2S.

XXX at the end of GOLDAU2SXXX does not stand for a placeholder or an error: it stands for the head office of Goldman Sachs Financial Markets Pty LTD. Some banking apps ask for 11 characters, in which case you simply add XXX after GOLDAU2S.

As a rule the code is written in capitals. Pasting the code is safer than typing it by hand.

Watch out for payment fraud

Criminals regularly send payment requests containing new bank details, sometimes in an email that looks completely genuine. The fact that GOLDAU2S exists does not mean that a request mentioning it is genuine.

Check changed bank details through a separate channel, never via the email that asked for the change. Urgency or requests to keep it quiet are red flags; a genuine business can wait for you to check. Already paid? Contact the bank you paid from without delay and ask them to try to recall the payment.

Recipients are targeted too: one known trick is a buyer who pays too much followed by a request to refund the difference abroad. A payment confirmation from the sender proves nothing – check your own account.

Goldman Sachs Financial Markets Pty LTD: head office code versus branch codes

We have 2 SWIFT/BIC codes for Goldman Sachs Financial Markets Pty LTD, spread over 1 cities. Besides the head office code GOLDAU2SXXX, there are codes for individual branches and departments.

If nobody asks you for a branch code, go with GOLDAU2SXXX. Branch codes are only needed if the account holder specifically mentions it.

The safest approach is to take the code directly from the account holder’s statement. Codes for branches are more likely to change than GOLDAU2SXXX when a bank merges or closes offices.

Sending AUD to Goldman Sachs Financial Markets Pty LTD

Accounts at Goldman Sachs Financial Markets Pty LTD are typically held in AUD, the national currency of Australia. Money sent in a different currency will be converted into AUD on its way to Goldman Sachs Financial Markets Pty LTD, and whoever converts it chooses the rate. Every conversion costs the amount.

Who does the conversion affects how much arrives, since every bank sets its own rate. Compare what AUD arrives with different services; the difference between options can be larger than you expect.

Rates for AUD change during the day, and some providers let you lock in a rate. With bigger transfers, even small gap in the rate can be worth more than the fee.

Getting paid from abroad into a Goldman Sachs Financial Markets Pty LTD account

Someone abroad who wants to pay you needs several details from you – incomplete details often cause delays. Share your name as the bank knows it, your account number or IBAN, the BIC GOLDAU2SXXX and your address, which some banks require.

You can add Goldman Sachs Financial Markets Pty LTD and its city too. Check every detail before you send them.

What lands in your account can be lower than what was sent. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate comes on top. For business payments, it is common to state how the fees are split, so that nobody is left short.