First Tennessee Bank N.a. SWIFT/BIC code

First Tennessee Bank N.a. SWIFT code: FTBMUS44

The short code FTBMUS44 and the 11-character code FTBMUS44XXX identify the same bank: First Tennessee Bank N.a.. A SWIFT code shows the banks handling a payment which institution is meant to get the money, much like a postcode for banks. In practice you mostly see it on invoices from abroad, in your banking app and on the account details of First Tennessee Bank N.a. customers.

Below you will find the practical questions: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify a personal account; that is what the IBAN or account number is for.

How to check FTBMUS44 before you pay

Ask the recipient to copy their bank details straight from a recent statement. When the code you were given does not match FTBMUS44 or FTBMUS44XXX, stop and ask: check with the recipient or with First Tennessee Bank N.a. directly.

A wrong SWIFT code may lead to a delay, a returned payment or additional charges for investigation. An error in the IBAN or account number is more serious, because the money may be credited to someone else.

Most online banking apps check the structure of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. Some banks now compare the payee name against the account before you confirm – do not ignore a mismatch warning. Sending a small amount first can be a sensible step for a large first payment.

What the XXX in FTBMUS44XXX means

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. That gives you FTBMUS44 for First Tennessee Bank N.a..

The long version has a three-character extension that identify a branch or department. If the last three are XXX, the code points to the head office, which is why FTBMUS44XXX and FTBMUS44 lead to the same place.

Do not add spaces, dots when you enter FTBMUS44 or FTBMUS44XXX. A single character may route a payment to another bank, so copy it carefully.

US Dollar (USD) and conversion costs

The currency in United States is the US Dollar (USD). If you send money in a different currency it has to be converted at some point. Every conversion costs the amount – usually through the rate rather than a fee.

Who does the conversion affects how much arrives, since every bank sets its own rate. Sending the amount directly in USD usually prevents a second conversion.

Rates for USD move all the time. For recurring payments, small differences in the rate make a real difference over time.

Watch out for payment fraud

Criminals often use payment requests with new bank details, sometimes in an email that looks completely genuine. A real SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Verify new payment details via a different channel. Urgency or requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. If money has already gone to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to send back the difference to another account. A payment confirmation from the sender is no proof – check your own account.

How long does an international transfer to First Tennessee Bank N.a. take?

There is no fixed delivery time for every transfer: some land within a day while others need several business days. Transfers sent after the cut-off time or on weekends and holidays usually go out the next business day. Extra checks on larger or unusual payments can also add some delay.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique transaction reference, the UETR that banks can use to trace it. Money transfer services often show tracking online so you can see how far the payment has got.

Only the sending bank can start an official trace. As a recipient, you can look at your account to see a slightly lower amount.

Sending money abroad from First Tennessee Bank N.a.

An international bank payment costs rather more than the fee suggests. You pay the transfer fee, possibly fees charged by intermediary banks along the way and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate: the bank converts at a rate that includes a margin. Check the rate you are offered with the mid-market rate.

Money transfer services often offer a rate near the mid-market rate with clearer fees. Before your next transfer, it is worth comparing what arrives via GoldexPay. Choosing a specialist does not require closing your account at First Tennessee Bank N.a..

Receiving money from abroad at First Tennessee Bank N.a.

Someone abroad who wants to pay you needs a few details about your account, and missing ones are a common cause of delays. The basics are: the account holder’s name, account number or IBAN, FTBMUS44XXX or FTBMUS44 and, for some countries, your postal address.

Their bank may request the address of your bank, in which case the Memphis,tn head office is the usual answer. Double-check the details before you send them.

Do not be surprised if the incoming amount is below what the sender paid. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate applies. For business payments, it is common to agree who bears the costs.

Choosing between the 5 SWIFT codes of First Tennessee Bank N.a.

First Tennessee Bank N.a. uses 5 separate SWIFT/BIC codes. Only one is the head office code, FTBMUS44XXX; the others identify branches.

Unless the recipient tells you otherwise, use FTBMUS44XXX or its short form FTBMUS44. A branch code only makes sense when the account holder explicitly mentions it.

Unsure which code to use? Ask the recipient, or look at a recent statement from First Tennessee Bank N.a.. Branch codes are sometimes changed or retired over time.

How up to date is this code?

We collect bank codes using publicly available data and update our list from time to time. Banks merge, close branches and retire codes, and a directory never catches every change immediately. The figures we show are based on what is in our directory.

See the information here as a helpful check. GoldexPay is not affiliated with First Tennessee Bank N.a., we only compare transfer services. Found outdated information? Tell us via our contact form and we will look into it.