First Bank and Trust SWIFT/BIC code

First Bank and Trust SWIFT code: FBTEUS41

FBTEUS41 and FBTEUS41XXX are the short and the long form of the same bank identifier, and both point to First Bank and Trust in Evanston,il. The code has a single purpose: it makes sure that money from abroad ends up at the right bank. It comes up mostly when dealing with payments that cross a border and payments in foreign currencies.

We wrote this page to help people who sends money to an account at First Bank and Trust without mistakes. Remember that the SWIFT code just identifies the bank, not the person: the account number or IBAN takes care of that.

8 or 11 characters: FBTEUS41 versus FBTEUS41XXX

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. That gives you FBTEUS41.

Many banks and apps accept both lengths. If a form requires eleven characters, use FBTEUS41XXX; if it wants eight, use FBTEUS41.

Enter the code in one piece, in upper case and without separators, exactly as shown here. Look out for O versus 0 and I versus 1.

Head office or branch code at First Bank and Trust?

Our database contains 2 SWIFT/BIC codes for First Bank and Trust, spread over 2 cities. Besides the head office code FBTEUS41XXX, there are codes for individual branches and departments.

If nobody asks you for a branch code, use FBTEUS41XXX. If you have been given a specific code, use it as it is instead of replacing it for the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Codes are sometimes changed or retired over time, so do not rely on old paperwork.

How to check FBTEUS41 before you pay

Have the recipient copy the account details straight from a recent statement. Compare it against FBTEUS41 here.

Mistakes in the SWIFT code tend to be annoying more than disastrous – usually the money comes back, minus fees and time lost. Do not forget the IBAN: an error there can be harder to correct than a wrong BIC.

A validity check by your bank only confirms that the code exists. Where available, a payee name check before sending gives extra certainty. For a first payment, many people send a small amount first and wait for confirmation.

Incoming international payments to First Bank and Trust

Someone abroad who wants to pay you needs a few details about your account – incomplete details often cause delays. Share your name as the bank knows it, your account number or IBAN, the BIC FBTEUS41XXX and your address, which some banks require.

Some banks also ask for the name and address of First Bank and Trust in Evanston,il. Double-check the details before you send them, because the sender’s bank usually copies them as is.

What lands in your account is often lower than the amount sent. Correspondent banks can take a fee, First Bank and Trust may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. Make clear with the sender who covers the fees.

US Dollar (USD) and conversion costs

The currency in United States is the US Dollar (USD). A payment in a foreign currency will be exchanged into USD. There is rarely a separate charge for the conversion – the cost sits in the rate.

Which bank converts the money matters: every bank has its own margin. Transferring the money directly in USD usually prevents an extra conversion by First Bank and Trust, provided the rate you get is fair.

Exchange rates change during the day, and some providers let you lock in a rate. For regular payments, a slightly better rate make a real difference over time.

Watch out for payment fraud

Criminals regularly send fake invoices containing changed bank details. The fact that FBTEUS41 exists is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Never rely on a phone number from the same email that announces the change. Urgency and secrecy tend to be red flags; a genuine business can wait for you to check. Already paid? Call your bank straight away and ask them to try to recall the payment; also report it to the police.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference abroad. A screenshot of a transfer is no proof.

How up to date is this code?

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. Still, banks merge or change codes and our data may lag behind. Figures such as the number of codes are from our directory and may differ from what First Bank and Trust publishes.

Treat this page as a starting point, not as the final word. GoldexPay is a comparison service for money transfers and not part of First Bank and Trust. Spotted an error? Let us know through the contact page and we will look into it.

What a transfer from First Bank and Trust abroad really costs

What you pay for an international transfer has more than one component. There is the transfer fee, sometimes charges from correspondent banks in between and, most importantly, the exchange rate markup.

That exchange rate margin is often the biggest item because it is hidden in the rate. An easy check: put the bank’s rate against the mid-market rate and work out the difference on your amount.

Money transfer services frequently use a rate near the mid-market rate and lower fees. GoldexPay compares what recipients receive with different services, which makes the cheapest option easy to spot. You can always keep your account at First Bank and Trust to fund the transfer; only the conversion and sending happen elsewhere.

Transfer times and tracking a payment to First Bank and Trust

There is no fixed delivery time for every transfer: some land the same day or the next. Weekends and public holidays in the sending or receiving country can add a day or more. Compliance checks on larger or unusual payments may also add some delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the status or the UETR; with that reference banks can see where the payment is. Money transfer services usually provide tracking in their app so you can see where the payment has got.

A missing payment has to be investigated by the sending bank on the basis of the transfer details. On the receiving end, it helps to check your statements for a partial amount, since fees may have been deducted.