Ameritas Investment Partners, Inc. SWIFT/BIC code

Ameritas Investment Partners, Inc. SWIFT code: SIPLUS31

If an invoice shows SIPLUS31 or SIPLUS31XXX, it is the same identifier for Ameritas Investment Partners, Inc. in United States. Every bank on the SWIFT network uses these codes to direct payments between countries to the right institution. It comes up mostly when dealing with transfers between countries.

On this page we explain how the code is put together, when you need it and what else a transfer to or from Ameritas Investment Partners, Inc. requires. The BIC names an institution, not a specific account, which is why you always need the account number too.

What a transfer from Ameritas Investment Partners, Inc. abroad really costs

The price of an international transfer is made up of more than one component – not just the fee on your screen. You pay the transfer fee, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup.

The real cost is often in the rate, rather than in the fee: the bank converts at a rate with a margin built in. A simple test: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

For many routes, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. GoldexPay compares the amount that arrives with different providers. You can still use your account at Ameritas Investment Partners, Inc..

Head office or branch code at Ameritas Investment Partners, Inc.?

Ameritas Investment Partners, Inc. uses 2 different SWIFT/BIC codes. One of them is the head office code, SIPLUS31XXX; the others belong to branches.

If nobody asks you for a branch code, go with SIPLUS31XXX or its short form SIPLUS31. When you receive a specific code, stick to it rather than swapping it with the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Codes can change when banks reorganise.

Sending USD to Ameritas Investment Partners, Inc.

Most accounts at Ameritas Investment Partners, Inc. are usually held in USD, the national currency. Money sent in a different currency is converted into USD before it reaches the account – and the bank that does it picks the rate. Every conversion costs something – usually through the rate rather than a fee.

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

Rates for USD change all the time, and some providers let you lock in a rate. For regular payments, small differences in the rate make a real difference over a year.

Before you send: check the Ameritas Investment Partners, Inc. code

The most reliable place for the correct BIC is a document from the bank itself. When the code you were given does not match SIPLUS31 or SIPLUS31XXX, do not guess.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges for investigation. An error in the account number can be more serious, because the money may be credited to someone else.

A validity check in your banking app merely confirms that the IBAN is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check on the recipient adds extra certainty. For a first payment, some people send a small amount first and wait for confirmation.

When will the money arrive at Ameritas Investment Partners, Inc.?

There is no fixed delivery time: many arrive the same day or the next. Bank holidays in either country add a day or more. Occasionally a bank asks about the purpose of a payment before releasing it.

When a payment takes longer than expected, ask your bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Money transfer services often provide a status online so you can see how far the money has got.

The bank that sent the money is able to request a trace or a recall. Request from the sender the payment receipt with the date and reference.

Where our SWIFT data comes from

The details on this page are taken from publicly available data. Still, banks merge or change codes and our data may lag behind. Counts and locations come from our directory and are not confirmed by Ameritas Investment Partners, Inc..

Use this page as a starting point, not as the final word: the recipient’s bank details come first. GoldexPay is not affiliated with Ameritas Investment Partners, Inc.; we are a comparison site for money transfers. Should you notice something that is out of date, we welcome a short note.

Why Ameritas Investment Partners, Inc. has an 8- and an 11-character code

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and a two-character location code. The result is SIPLUS31.

Most payment forms accept either length. If a form asks for eleven characters, enter SIPLUS31XXX, otherwise SIPLUS31 is fine.

As a rule the code is typed in capitals and without spaces. Pasting the code beats retyping it: a typo can point to another bank.

Receiving money from abroad at Ameritas Investment Partners, Inc.

A sender in another country will ask for several details about your account, and missing ones are a common cause of delays. Share your name as the bank knows it, your account number or IBAN, the BIC SIPLUS31XXX and your address.

Some sending banks also ask for the address of Ameritas Investment Partners, Inc. in Cincinnati,oh. A mistake in your account number can be harder to fix than it looks.

What lands in your account is often lower than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate applies. Make clear with the sender who covers the fees.

Scams that use SWIFT codes

A common scam works like this: an email arrives with a request saying that a supplier has new bank details and that the next payment should go there. The fact that SIPLUS31 exists does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Check new bank details through a different channel like a call to a number from an earlier contract. Pressure and requests to keep it quiet are warning signs; a genuine business can wait for you to check. If a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver: someone sends too much and asks you to return the extra to a new account. Do not act before the money has really arrived – ask Ameritas Investment Partners, Inc. if something looks wrong.