Chicago Mercantile Exchange SWIFT/BIC code

What XCMEUS4C means for a payment to Chicago Mercantile Exchange

The short code XCMEUS4C and the 11-character code XCMEUS4CXXX identify the same bank: Chicago Mercantile Exchange. Every bank on the SWIFT network uses BIC codes to direct payments between countries to the correct institution. In practice you mostly come across the code on international invoices, in your banking app and in the bank details of Chicago Mercantile Exchange customers.

We wrote this page to help anyone who sends money to an account at Chicago Mercantile Exchange and wants to get the details right. A SWIFT code identifies a bank or branch, not a single account; the IBAN or account number does that.

Sending money abroad from Chicago Mercantile Exchange

If you transfer money to another country from Chicago Mercantile Exchange, the fee you see is only part of the cost. You pay the transfer fee, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

That exchange rate margin tends to be the largest item, and it is easy to miss. A simple test: set the bank’s rate next to the mid-market rate and look at the difference.

Specialised transfer providers often use a rate near the mid-market rate. Next time you send money, it is worth to compare the total cost on GoldexPay. Using a transfer service does not require leaving Chicago Mercantile Exchange.

How to check XCMEUS4C before you pay

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. When the code you were given differs from XCMEUS4C or XCMEUS4CXXX, stop and ask – contact the recipient or Chicago Mercantile Exchange.

Errors in the SWIFT code are annoying rather than fatal – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number is a bigger problem, because the money may be credited to someone else.

An automatic check in your banking app merely confirms that the code is valid. If your bank offers it, a payee name check on the recipient adds extra certainty. Sending a small amount first is a sensible step for a large first payment.

What the XXX in XCMEUS4CXXX means

Every SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. In this case, the 8-character core is XCMEUS4C.

The long version has three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office, so XCMEUS4CXXX and XCMEUS4C are interchangeable.

Do not add spaces or dashes when you type XCMEUS4C; the code is always written in one block. Watch for O versus 0 and I versus 1; they are easy to mix up.

What to give a sender who pays you at Chicago Mercantile Exchange

To receive an international payment at Chicago Mercantile Exchange, the sender has to have not just the BIC. What they need is: your name, account number or IBAN, XCMEUS4CXXX or XCMEUS4C and often your home address.

Their bank might also ask for the address of your bank; the head office in Chicago,il is usually fine. Double-check the details before you send them, because the sender’s bank usually copies them as is.

An incoming payment will not always land for the full amount. Fees for incoming transfers differ from bank to bank. Agree with the sender who covers the fees.

Changed bank details? Be careful

Stay wary if someone unexpectedly asks you to pay into a different account. That XCMEUS4C is a real code does not mean that a request mentioning it is legitimate.

Before paying, verify a change of bank details by phone, using a number you already had. Watch out for urgent requests, odd spelling or a sender address that is slightly off. Acted too fast? Call the bank you paid from without delay and ask them to start a recall; also report it to the police.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to send back the difference. Do not act before the money has really arrived – ask Chicago Mercantile Exchange if something looks wrong.

Where our SWIFT data comes from

The directory on GoldexPay is based on public sources. It can happen that information here is out of date after a merger or reorganisation. Counts and locations are from our own dataset.

Treat the information on this page as a helpful check, and let the details from the recipient or Chicago Mercantile Exchange have the final say. GoldexPay has no connection to Chicago Mercantile Exchange, we only compare transfer services. Spotted outdated information? Tell us via our contact form and we will look into it.

The US Dollar and what conversion costs you

Most accounts at Chicago Mercantile Exchange are typically held in USD, the local currency. When you pay another currency gets converted at some point – by your bank, by Chicago Mercantile Exchange or by a bank in between. There is rarely a separate charge for that conversion – the cost sits in the rate.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. Often you pay less if you send USD straight away via a transfer service with a good rate.

Rates for USD change all the time, and some providers let you lock in a rate. With bigger transfers, even small difference in the rate adds up quickly.

How long does an international transfer to Chicago Mercantile Exchange take?

An international transfer usually takes anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made after the cut-off time or on weekends and holidays often start a business day later. Occasionally a bank wants to know about the purpose of a payment.

If the money is delayed, contact the sending bank about the status; with that reference banks can see where the payment is. Save the payment confirmation; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the person who paid should contact the bank that sent it rather than Chicago Mercantile Exchange. Ask the sender for a copy of the payment confirmation including the reference.

Choosing between the 8 SWIFT codes of Chicago Mercantile Exchange

Our directory lists 8 SWIFT/BIC codes for Chicago Mercantile Exchange, spread over 1 locations. Next to the head office code XCMEUS4CXXX, there are codes for individual branches and departments.

In most cases there is no need to pick a branch: transfers sent to XCMEUS4CXXX are routed within Chicago Mercantile Exchange without problems. If you have been given a specific code, stick to it instead of replacing it for the head office code.

Not sure which code applies? Ask the recipient, or look at a recent statement from Chicago Mercantile Exchange. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.