Depository Trust and Clearing Corporation SWIFT/BIC code

What DTCCUS33 means for a payment to Depository Trust and Clearing Corporation

The 8-character code DTCCUS33 and the full code DTCCUS33XXX refer to one and the same institution: Depository Trust and Clearing Corporation in New York,ny, United States. A SWIFT code shows the sending bank exactly which bank is meant to get the money, a bit like a postal address for banks. It comes up mainly for payments that cross a border.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to check the code before you confirm a payment. The BIC identifies a bank or branch, never a single account; the IBAN or account number does that.

When will the money arrive at Depository Trust and Clearing Corporation?

There is no single delivery time: many land the same day or the next. Weekends and public holidays in the sending or receiving country add a day or more to the journey. Extra checks on larger or unusual payments can also cause a delay.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation until the recipient confirms – you will need it for any trace request.

Only the sending bank can request a trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, it helps to look at your account to see a partial amount, since fees may have been deducted.

Protect yourself against fake payment requests

Fraudsters regularly send payment requests containing changed bank details. The fact that DTCCUS33 exists is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Never trust a phone number in the same message that contains the new account. Urgency and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. When a payment has already gone to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Scams can also work the other way: someone sends too much and wants you to refund the extra via a different route. A screenshot of a transfer is no proof; only your own account shows what has arrived.

International transfers from Depository Trust and Clearing Corporation: the real cost

A bank transfer abroad can cost rather more than the listed fee. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup.

That exchange rate margin tends to be the largest item even though it is not listed as a fee. Check their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialist money transfer services frequently use a rate near the mid-market rate with clearer fees. GoldexPay compares what recipients receive with different providers. You can still keep your account at Depository Trust and Clearing Corporation to fund the transfer; only the conversion and sending happen elsewhere.

A note on our data

We collect SWIFT/BIC codes from publicly available data and update our list from time to time. Banks merge, close branches and change codes. Counts and locations are from our directory and may differ from what Depository Trust and Clearing Corporation publishes.

See the information on this page as a helpful check and rely on the recipient or Depository Trust and Clearing Corporation for the final confirmation. GoldexPay is not affiliated with Depository Trust and Clearing Corporation. Should you notice something that is out of date, we appreciate a short note via the contact page.

What the XXX in DTCCUS33XXX means

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. In this case, that core is DTCCUS33.

XXX at the end of DTCCUS33XXX does not stand for a placeholder or a mistake: it indicates the main office of Depository Trust and Clearing Corporation. Some banking apps ask for 11 characters, and then you can enter XXX behind DTCCUS33.

Do not add spaces, dots when you type DTCCUS33. Watch for the letter O and the digit 0 or the letter I and the digit 1; they are easy to mix up.

The US Dollar and what conversion costs you

United States uses the US Dollar, with the currency code USD. If you send another currency gets converted somewhere along the way – by your bank, by Depository Trust and Clearing Corporation or by a bank in between. You rarely see a separate line for the conversion; it is built into the rate.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. Check how much USD arrives via several providers before choosing one.

The rate for USD fluctuates throughout the day. If you pay regularly, small differences in the rate add up over a year.

Receiving money from abroad at Depository Trust and Clearing Corporation

A sender in another country will ask for several details about your account. That means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code DTCCUS33XXX and sometimes your address.

Certain sending banks want the bank’s address; it does no harm to include it. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than what was sent. Charges on incoming payments vary from bank to bank – the price list of Depository Trust and Clearing Corporation tells you what applies. For business payments, it is common to state who bears the costs.

Choosing between the 22 SWIFT codes of Depository Trust and Clearing Corporation

Our directory lists 22 SWIFT/BIC codes for Depository Trust and Clearing Corporation. Next to the head office code DTCCUS33XXX, there are codes for individual branches and departments.

In most cases there is no need to look up a branch: payments sent to DTCCUS33XXX are routed within Depository Trust and Clearing Corporation without problems. When you receive a branch code, use it as it is instead of replacing it for the head office code.

Not sure which code applies? Check with the recipient. Branch codes are more likely to change than DTCCUS33XXX.

How to check DTCCUS33 before you pay

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Check that code with DTCCUS33 on this page; if they differ, ask before you pay.

Errors in the BIC tend to be annoying rather than disastrous – usually the money comes back, minus fees and time lost. Remember the account number: a mistake there can be harder to undo than a wrong code.

An automatic check in your banking app merely tells you that the IBAN exists. Some banks now compare the name against the account before you confirm. A small test payment can be worth it for a large first payment despite the extra fee.