Fidelity Service Co SWIFT/BIC code

What FIDQUS33 means for a payment to Fidelity Service Co

The 8-character code FIDQUS33 and the full code FIDQUS33XXX identify one and the same institution: Fidelity Service Co, with its head office in Boston,ma. Banks worldwide use these codes to route international transfers to the correct institution. It comes up mainly when dealing with payments that cross a border or a currency.

This page is meant to help people who receives money at an account at Fidelity Service Co without mistakes. The BIC names a bank or branch, never a single account; the IBAN or account number does that.

Changed bank details? Be careful

One of the most common tricks goes like this: an email arrives with a message claiming that a supplier has a new bank account and asking you to pay there from now on. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Verify changed payment details via a different channel, not by replying to the message. Pressure and requests to keep it quiet are warning signs; a genuine business can wait for you to check. Already paid? Call your bank without delay and ask them to start a recall.

Scams also target the receiver. Someone claims to have sent too much and wants you to return the difference. Wait until the money is actually in your account.

Verifying the SWIFT code of Fidelity Service Co

Ask the recipient to copy their bank details directly from their online banking. If the code you have differs from FIDQUS33 or FIDQUS33XXX, do not guess – contact the recipient or Fidelity Service Co.

Mistakes in the BIC tend to be annoying more than disastrous. Do not forget the IBAN: a mistake there is harder to correct than a wrong code.

Most online banking apps validate the format of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a payee name check on the recipient gives an extra layer of safety. When you pay someone new, some people start with a small amount first before sending the rest.

US Dollar (USD) and conversion costs

Most accounts at Fidelity Service Co are usually held in USD, the local currency of United States. A payment in a foreign currency is converted into USD, and whoever converts it chooses the rate. Every conversion eats into the amount – usually through the rate rather than a fee.

Who converts the payment matters. Compare what USD the recipient gets with several services.

The USD rate fluctuates throughout the day and quotes are often valid only for a short time. For regular payments, small differences in the rate make a real difference over time.

How long does an international transfer to Fidelity Service Co take?

An international transfer typically takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Weekends and public holidays in either country add a day or more to the journey. Compliance checks by one of the banks can also cause a delay, even when all details are correct.

If a transfer is delayed, ask your bank about the status or the UETR; with that reference banks can see where the payment is. Specialist transfer services often show a status online showing how far the payment is.

Only the sending bank can request a trace. As a recipient, it helps to look at your account to see a partial amount, since fees may have been deducted.

8 or 11 characters: FIDQUS33 versus FIDQUS33XXX

A SWIFT code is built from a few fixed parts: characters one to four identify the bank, the next two show the country and the two after that mark the location. For Fidelity Service Co, the 8-character core is FIDQUS33.

Many payment forms work with either length. If yours asks for eleven characters, enter FIDQUS33XXX; if it wants eight, use FIDQUS33.

Type the code as one block, in capitals and without separators, exactly as shown here. A wrong letter can send the money to another bank.

What to give a sender who pays you at Fidelity Service Co

If you are waiting for a payment from another country, send the payer everything they need in one go. Give them the account holder’s name, your account number or IBAN, SWIFT code FIDQUS33XXX and your address, which some banks require.

The sender’s bank might request the bank address of Fidelity Service Co. A typo in the IBAN is harder to fix than you might think.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin comes on top. Agree with the sender who pays which costs.

Choosing between the 22 SWIFT codes of Fidelity Service Co

We have 22 SWIFT/BIC codes for Fidelity Service Co. Next to the head office code FIDQUS33XXX, you will find codes for branches, departments or specific services.

For the vast majority of payments to a private or business account, the head office code FIDQUS33XXX is what you need. Branch codes are only needed if the recipient’s bank explicitly asks for it, which is more common for business accounts and specialised services.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more likely to change than the head office code.

What a transfer from Fidelity Service Co abroad really costs

An international bank payment can cost more than the fee suggests. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and if the money changes currency the bank usually uses a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the largest item even though it is not listed as a fee. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For a lot of routes, a transfer service is cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares what recipients receive with different services, which makes the cheapest option easy to spot. Choosing a specialist does not mean leaving Fidelity Service Co.

About this information

The details on this page come from public sources which we refresh regularly. Still, banks merge, rename themselves or change codes, so information can be out of date. The figures on this page are based on our own data and not on information from Fidelity Service Co itself.

Use our data as a starting point, rather than as the final word: the recipient’s bank details come first. GoldexPay is not affiliated with Fidelity Service Co, we only compare transfer services. Should you notice something that is out of date, we appreciate a short note.