Goldman Sachs Asset Management SWIFT/BIC code

GSAMUS33 – the SWIFT/BIC code of Goldman Sachs Asset Management

If an invoice shows GSAMUS33 or GSAMUS33XXX, it is the identical identifier for Goldman Sachs Asset Management in United States. A SWIFT code shows the banks handling a payment which institution should receive the money, a bit like a postal address for banks. It comes up mainly when dealing with payments that cross a border.

We wrote this page to help anyone who pays into an account at Goldman Sachs Asset Management. The BIC identifies a bank or branch, never a single account.

Sending USD to Goldman Sachs Asset Management

Most accounts at Goldman Sachs Asset Management are usually held in USD, the national currency. When you pay money in a different currency gets converted at some point: by your bank, an intermediary or Goldman Sachs Asset Management itself. Each conversion eats into something, even when no fee is shown.

Who does the conversion affects the final amount, since every bank sets its own rate. Often you pay less if you send USD straight away through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Exchange rates move during the day. On larger amounts, even seemingly small difference in the rate can be worth more than the fee.

Head office or branch code at Goldman Sachs Asset Management?

With 2 codes in 1 locations, Goldman Sachs Asset Management belongs to the banks that use individual codes for parts of the organisation and departments. The head office code is GSAMUS33XXX.

If nobody asks you for a branch code, use GSAMUS33XXX. When you receive a branch code, use it as it is instead of replacing it with the head office code.

Unsure which code to use? Check with the recipient, or look at a recent statement from Goldman Sachs Asset Management. Codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Verifying the SWIFT code of Goldman Sachs Asset Management

Ask the recipient to copy their bank details straight from their online banking. If the code you have differs from GSAMUS33 or GSAMUS33XXX, stop and ask.

A wrong SWIFT code can cause a delay, a payment being sent back or extra fees. Remember the account number: a mistake there is more difficult to correct than a wrong BIC.

Most online banking apps check the format of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Where available, a name check on the recipient gives an extra layer of safety. When you pay someone new, some people send a small amount first.

Protect yourself against fake payment requests

Stay wary if someone suddenly wants you to send money to a different account abroad. That GSAMUS33 is a real code does not mean that the account is genuine.

Before paying, verify a change of bank details through a phone call. Pressure or secrecy are warning signs; a genuine business can wait for you to check. Already paid? Contact the bank you paid from without delay and ask them to try to recall the payment and report the fraud.

Fraud also work the other way: someone sends more than agreed and asks you to return the difference. A payment confirmation from the sender is no proof.

International transfers from Goldman Sachs Asset Management: the real cost

If you send money abroad through Goldman Sachs Asset Management, the visible fee is rarely all of the cost. On top of the transfer fee, correspondent or intermediary banks can take a cut, and when currencies are converted the bank often applies a rate that is less favourable than the actual market rate.

Banks rarely show their exchange rate markup as a cost. Compare the rate you are offered with the mid-market rate; the gap is what conversion costs you.

For a lot of routes, a specialist provider turns out to be cheaper than a bank. GoldexPay compares what recipients receive with different services. Using a transfer service does not mean closing your account at Goldman Sachs Asset Management.

How long does an international transfer to Goldman Sachs Asset Management take?

There is no fixed delivery time for every transfer: some land the same day or the next, others take several business days. Payments made after the cut-off time or just before a weekend or public holiday often start the next business day. Sometimes a bank asks about the purpose of a payment before releasing it.

If the money is late, contact your bank about the tracking status and the transaction reference. Money transfer services often show a status in their app so you can see how far the payment is.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank. As a recipient, you can check your statements for a slightly lower amount, since fees may have been deducted.

Getting paid from abroad into a Goldman Sachs Asset Management account

A sender in another country needs several details from you – incomplete details often cause delays. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the BIC GSAMUS33XXX (or GSAMUS33) and, often, your address.

Certain sending banks also ask for the address of Goldman Sachs Asset Management in New York,ny. A typo in your account number can be harder to fix than you might think, so copy the details from your online banking.

An incoming payment does not always arrive for the full amount. Correspondent banks can take a fee, and if the currency changes, a markup on the rate comes on top. On invoices, you can state who bears the costs.

8 or 11 characters: GSAMUS33 versus GSAMUS33XXX

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, a two-letter country code and a two-character location code. Together, these eight characters form GSAMUS33 – the version you usually see online.

XXX at the end of GSAMUS33XXX is not a placeholder or an error: it indicates the head office of Goldman Sachs Asset Management. Some forms insist on 11 characters, in which case you can enter XXX after GSAMUS33.

Do not add spaces or dashes when you enter GSAMUS33. Look out for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

About this information

The codes here are taken from public sources that we update regularly. Institutions reorganise, change names and change codes – a directory can be a step behind. The figures on this page are based on our own data and not on information from Goldman Sachs Asset Management itself.

Before any payment that matters, confirm the BIC with the recipient’s bank or with the recipient. We are a comparison site and not affiliated with Goldman Sachs Asset Management. Spotted an error? Let us know via our contact form so we can correct it.