General Electric Company SWIFT/BIC code

General Electric Company SWIFT code: GENEUS21

Whether a recipient gives you GENEUS21 or GENEUS21XXX, you are looking at the same identifier for General Electric Company in United States. Banks worldwide use these codes to direct international transfers to the right bank. You will need it mostly for payments that cross a border and payments in foreign currencies.

Below you will find the practical questions: receiving money at General Electric Company, sending money abroad and how to verify the code before you confirm a payment. The SWIFT code on its own does not identify an individual account holder; for that you need the IBAN or account number is for.

What a transfer from General Electric Company abroad really costs

What you pay for a payment abroad has more than one component. On top of the transfer fee, correspondent or intermediary banks can deduct a fee, and when currencies are converted the bank usually uses a rate that is less favourable than the actual market rate.

Many banks rarely show their exchange rate markup as a cost – you only notice it if you compare. Check their rate against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

Money transfer services frequently offer rates closer to the mid-market rate and lower fees. Next time you send money, take a minute to compare the total cost via GoldexPay. Choosing a specialist does not require leaving General Electric Company: you simply pay the service from your account.

Choosing between the 8 SWIFT codes of General Electric Company

General Electric Company has 8 separate SWIFT/BIC codes. One of them is the head office code, GENEUS21XXX; the others identify branches, and sometimes specific services.

Usually there is no need to look up a branch: transfers addressed to GENEUS21XXX reach General Electric Company correctly. If you have been given a specific code, stick to it instead of replacing it with the head office code.

Not sure which code to use? Check with the recipient. Branch codes can change when banks reorganise, so do not rely on old paperwork.

Sending USD to General Electric Company

The national currency of United States is the US Dollar (USD). A payment in a foreign currency will be converted into USD. Every conversion costs the amount, even when no fee is shown.

Who does the conversion affects how much arrives, since every bank sets its own rate. In many cases it is cheaper if you send USD straight away through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

The rate for USD fluctuates constantly and quotes are often valid only for a short time. On larger amounts, a small gap in the rate adds up quickly.

Transfer times and tracking a payment to General Electric Company

An international transfer usually needs one to a few business days. Payments made after the cut-off time or on a weekend or public holiday usually go out the next business day. Compliance checks on larger or unusual payments can also cause some delay.

When a payment takes longer than expected, contact your bank for the tracking status or the UETR; with that reference banks can see where the payment is. Money transfer services usually show tracking online showing where the money has got.

A missing payment has to be traced by the sending bank, using the payment confirmation. Ask the sender for a copy of the payment confirmation with the date and reference; that often settles the question quickly.

A note on our data

We gather SWIFT/BIC codes from public sources and check them regularly. Still, banks merge, rename themselves or change codes. Counts and locations are from our directory and may differ from what General Electric Company publishes.

Treat our directory on this page as a helpful check. We are a comparison site for money transfers and not affiliated with General Electric Company. Should you notice a mistake, we appreciate a message via the contact page.

How to check GENEUS21 before you pay

The most reliable place for the correct BIC is a document from the bank itself, such as a statement or the account details in online banking. Compare that code against GENEUS21 on this page; if they differ, ask before you pay.

Mistakes in the BIC are annoying rather than fatal: often the payment comes back, minus fees. Remember the IBAN: an error there can be more difficult to undo than a wrong code.

An automatic check in your banking app merely tells you that the IBAN is valid. More and more banks check the name with the account. Sending a small amount first can be a sensible step for large sums.

Incoming international payments to General Electric Company

To receive a transfer from abroad at General Electric Company, the person paying you needs not just the BIC. That means: your name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code GENEUS21XXX (or GENEUS21) and usually your address.

Certain sending banks want the name and address of General Electric Company in Fairfield,ct; 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.

An incoming payment will not always land in full. Fees for incoming transfers vary from bank to bank – the price list of General Electric Company tells you what applies. Agree with the sender who pays which costs.

Why General Electric Company has an 8- and an 11-character code

The layout of every SWIFT code is always the same: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. For General Electric Company, the 8-character core is GENEUS21.

XXX at the end of GENEUS21XXX does not stand for a placeholder or an error: it indicates the main office of General Electric Company. Some forms insist on 11 characters, and then you can enter XXX after GENEUS21.

In practice the code is typed in capitals, without spaces or dashes. Look out for the letter O and the digit 0 and the letter I and the digit 1; they are easy to mix up.

Scams that use SWIFT codes

Be alert when someone unexpectedly asks you to pay into a different account abroad. A correct SWIFT code tells you nothing about whether the request is genuine.

Check new payment details through a separate channel, not by replying to the message. Urgency or requests to keep it quiet are warning signs. If money has already gone to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Scams also work the other way: someone sends more than agreed and asks you to refund the difference via a different route. A screenshot of a transfer proves nothing; only your own account shows what has arrived.