Bank Leumi USA SWIFT/BIC code

What LUMIUS3N means for a payment to Bank Leumi USA

The 8-character code LUMIUS3N and the 11-character code LUMIUS3NXXX refer to the same bank: Bank Leumi USA, with its head office in New York,ny. A SWIFT code shows the sending bank exactly which bank is meant to get the money. In practice you mostly come across it on international invoices, in your banking app and on the account details of Bank Leumi USA customers.

Below we go through the practical questions: money coming in from abroad, paying someone in another country and how to verify the code before you confirm a payment. Remember that the BIC only identifies the bank, not the person: the IBAN or account number does that part.

Watch out for payment fraud

Scammers regularly use payment requests containing new bank details. A real SWIFT code tells you nothing about who owns the account.

Check changed payment details through a different channel. Pressure or secrecy tend to be warning signs – a real supplier can wait a day. Already paid? Contact the bank you paid from straight away and have them try to recall the payment; also report it to the police.

People receiving money are targeted too: a classic trick is an overpayment followed by a request to send back the difference to another account. A payment confirmation from the sender is no proof – check your own account.

Which of the 4 codes of Bank Leumi USA do you need?

Bank Leumi USA has 4 separate SWIFT/BIC codes. Only one is the head office code; the others identify branches or departments.

For most payments to a private or business account, the head office code LUMIUS3NXXX works fine. If you have been given a branch code, use it as it is rather than swapping it for the head office code.

Unsure which code to use? Ask the recipient or the bank itself. Codes can change over time, so do not rely on old paperwork.

The US Dollar and what conversion costs you

United States uses the US Dollar (USD). A payment in a foreign currency will be converted into USD before it reaches the account, and whoever converts it chooses the rate. Each conversion eats into something.

Who does the conversion affects the final amount. Compare what USD the recipient gets with different providers; the difference between options can be larger than you expect.

Exchange rates move during the day, and some providers let you lock in a rate. If you pay regularly, a slightly better rate add up over a year.

Is LUMIUS3N still correct? How to check

The safest source for a SWIFT code is the bank details provided by the recipient. Compare that code against LUMIUS3N here.

If the code is wrong, the transfer may be delayed, be returned or cost extra. A mistake in the IBAN or account number is a bigger problem, because the money may be credited to someone else.

Most online banking apps check the structure of an IBAN. More and more banks check the payee name with the account before you confirm; take any warning seriously. When you pay someone new, some people start with a small test amount and wait for confirmation.

A note on our data

The details here are taken from public sources that we update regularly. Banks reorganise, change names and retire codes – a directory can be a step behind. The number of codes on this page are based on our own data, not official figures from Bank Leumi USA.

Before a payment of any size, confirm the code with Bank Leumi USA or with the recipient. We are an independent comparison site for money transfers and not part of Bank Leumi USA. If you notice a mistake, we appreciate a short note.

8 or 11 characters: LUMIUS3N versus LUMIUS3NXXX

A BIC is built from a few fixed parts: the first four letters stand for the bank, characters five and six show the country and characters seven and eight mark the location. The result is LUMIUS3N, the short form of the code.

The 11-character version has a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office, so LUMIUS3NXXX and LUMIUS3N are interchangeable.

Type the code as one block, in upper case and without separators, exactly as shown here. Watch for the letter O and the digit 0 and I versus 1; they are easy to mix up.

Paying someone abroad from your Bank Leumi USA account

When you send money abroad through Bank Leumi USA, the fee you see is only part of what you pay. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and if currencies are converted the bank usually applies a rate below the actual market rate.

That exchange rate margin tends to be the largest item even though it is not listed as a fee. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites.

For a lot of routes, a specialist provider is less expensive than a traditional bank transfer. Before your next transfer, it is worth to compare what arrives on GoldexPay instead of going straight to your bank. You can still use your account at Bank Leumi USA, while a cheaper service handles the conversion.

How long does an international transfer to Bank Leumi USA take?

An international transfer typically needs anywhere from one to several business days. Bank holidays in either country add a day or more, since banks do not process on those days. Compliance checks by one of the banks can also cause a delay.

Many banks use SWIFT gpi. Each gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually provide a status in their app so you can see how far the payment is.

The bank that sent the money can request a trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, you can look at your statements to see a partial amount.

What to give a sender who pays you at Bank Leumi USA

For a transfer from abroad at Bank Leumi USA, the sender has to have not just the SWIFT code. The basics are: the account holder’s name, account number or IBAN, LUMIUS3NXXX or LUMIUS3N and in many cases your home address.

Certain banks also ask for the bank’s address; it does no harm to include it. Check the details before you share them, because the sender’s bank usually copies them as is.

The amount you receive can be lower than the amount sent. Fees for incoming transfers differ from bank to bank – the price list of Bank Leumi USA tells you what applies. Make clear with the sender who pays which costs.