Davis Selected Advisers SWIFT/BIC code

Davis Selected Advisers SWIFT code: DASAUS51

The short code DASAUS51 and the 11-character code DASAUS51XXX refer to the same bank: Davis Selected Advisers in Tucson,az, United States. A SWIFT code shows the sending bank exactly which bank is meant to get the money, much like a postcode for banks. It comes up mainly for payments that cross a border or a currency.

Further down we go through the practical questions: receiving money at Davis Selected Advisers, paying someone in another country and how to check the code before you confirm a payment. A SWIFT code identifies a bank or branch, not a single account; the IBAN or account number does that.

How long does an international transfer to Davis Selected Advisers take?

How quickly a transfer reaches Davis Selected Advisers depends on several factors: the currency, how many intermediary banks are involved, cut-off times and differences in time zone. Transfers sent after the cut-off time or just before weekends and holidays usually go out a business day later. Occasionally a bank wants to know what the payment is for.

When a payment takes longer than expected, ask the sending bank for the status or the UETR so they can trace it along the chain. Money transfer services often provide a status in their app showing how far the payment is.

A missing payment is traced by the sending bank on the basis of the transfer details. As a recipient, you can check your statements for a partial amount.

Paying someone abroad from your Davis Selected Advisers account

An international bank payment can cost rather more than the fee suggests. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate that includes a margin. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of currency pairs, a transfer service turns out to be less expensive than a bank, mainly because of the exchange rate. Next time you send money, it is worth comparing what arrives via GoldexPay instead of going straight to your bank. Using a transfer service does not mean leaving Davis Selected Advisers – you pay the provider from your own account.

About this information

The codes here are taken from publicly available data. Institutions reorganise, change names and change codes. The number of codes on this page are based on our own data and not on information from Davis Selected Advisers itself.

Treat this page as a starting point, rather than as the final word. GoldexPay is independent of Davis Selected Advisers; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a short note via the contact page.

Paying into Davis Selected Advisers in USD

The national currency of United States is the US Dollar (USD). Money sent in a different currency is exchanged into USD on its way to Davis Selected Advisers. There is rarely a separate charge for the conversion; it is built into the rate.

Who converts the money makes a difference. Compare what USD arrives with several services; the difference between options can be larger than you expect.

The USD rate fluctuates throughout the day and quotes are often valid only for a short time. If you pay regularly, small differences in the rate add up over a year.

Is DASAUS51 still correct? How to check

The safest source for the BIC is the recipient’s own bank details – an invoice, a statement or a screenshot from online banking. Check it with DASAUS51 here; if they differ, ask before you pay.

With a wrong code, the payment might get stuck, be returned or end up costing more – sometimes after weeks of searching. Remember the account number: a mistake there is more difficult to undo than a wrong BIC.

Most online banking apps validate the format of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. Some banks now compare the name with the account; take any warning seriously. A small test payment is a sensible step for large sums.

Protect yourself against fake payment requests

One of the most common tricks goes like this: you receive a message saying that a contact has new bank details. The fact that DASAUS51 exists is no guarantee that a request mentioning it is genuine.

Verify changed payment details via a different channel like a call to a number from an earlier contract. Watch out for time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Contact your bank straight away and ask them to start a recall.

Scams also target the receiver. Someone claims to have sent more than agreed and asks you to return the extra to a new account. A payment confirmation from the sender proves nothing.

Receiving money from abroad at Davis Selected Advisers

A sender in another country needs several details about your account, and missing ones are a common cause of delays. Give them your name as the bank knows it, the IBAN or account number, the BIC DASAUS51XXX and your address.

Their bank may request the bank address of Davis Selected Advisers. A typo in your account number can be harder to fix than it looks, so copy the details from your online banking.

What lands in your account can be less than the amount sent. Charges on incoming payments vary from bank to bank; check the price list of Davis Selected Advisers. Agree with the sender who covers the fees.

Which of the 13 codes of Davis Selected Advisers do you need?

We have 13 SWIFT/BIC codes for Davis Selected Advisers, spread over 1 locations. Next to the head office code DASAUS51XXX, there are codes for regional offices and specialised units.

Usually you do not need to look up a branch: payments addressed to DASAUS51XXX reach Davis Selected Advisers without problems. If you have been given a branch code, use it as it is instead of swapping it for the head office code.

The best way is to take the code directly from the account holder’s invoice. Branch codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

DASAUS51 or DASAUS51XXX – which one to use?

A SWIFT code is built from a few fixed parts: characters one to four identify the bank, the next two give the country and characters seven and eight mark the location. Combined, these eight characters form DASAUS51.

Most payment forms accept both lengths. If a form requires eleven characters, enter DASAUS51XXX; if it wants eight, use DASAUS51.

In practice the code is written in capitals, without spaces or dashes. A wrong letter may route a payment to a different institution.