Gxs, Inc. SWIFT/BIC code

SWIFT/BIC code of Gxs, Inc.

The short code GXSBUS33 and the full code GXSBUS33XXX refer to the same bank: Gxs, Inc. in Gaithersburg,md, United States. Every bank on the SWIFT network uses these codes to route international transfers to the right bank. In practice you usually come across the code on international invoices, in your banking app and on the account details of Gxs, Inc. customers.

Below we go through the practical questions: receiving money at Gxs, Inc., paying someone in another country and how to verify a SWIFT code before you hit send. The SWIFT code on its own cannot identify a personal account; for that you need the IBAN or account number .

When will the money arrive at Gxs, Inc.?

How fast a payment arrives at Gxs, Inc. is determined by several factors: the currency, the number of banks in between, cut-off times and time zones. Weekends and public holidays in the sending or receiving country add extra days, since banks do not process on those days. Occasionally a bank wants to know what the payment is for before releasing it.

Many banks are connected to SWIFT gpi. Each gpi transfer carries a unique reference, the UETR that banks can use to trace it. Keep your transfer receipt – you will need it for any trace request.

Only the sending bank is able to request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to check your statements to see a slightly lower amount, since fees may have been deducted.

What a transfer from Gxs, Inc. abroad really costs

An international bank payment can cost more than the listed fee. There is the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate with a margin built in. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialist money transfer services often offer rates closer to the mid-market rate and lower fees. Next time you send money, it is worth comparing what arrives via GoldexPay instead of going straight to your bank. You can still use your account at Gxs, Inc.; only the conversion and sending happen elsewhere.

The US Dollar and what conversion costs you

The currency in United States is the US Dollar (USD). A payment in a foreign currency will be exchanged into USD before it reaches the account, and whoever converts it chooses the rate. You rarely see a separate line for the conversion.

Who converts the payment matters, because each party uses its own rate. Sending the amount already in USD usually avoids a second conversion at the receiving end – as long as your own rate is good.

Rates for USD move during the day – some services let you fix a rate in advance. If you pay regularly, a slightly better rate make a real difference over time.

GXSBUS33 or GXSBUS33XXX – which one to use?

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and a two-character location code. Together, those parts make up GXSBUS33 – the version you usually see online.

XXX at the end of GXSBUS33XXX is not a missing value or a mistake: it indicates the head office of Gxs, Inc.. Certain payment forms insist on 11 characters, and then you can enter XXX behind GXSBUS33.

As a rule the code is typed in capitals and without spaces. A wrong character can send the money to another bank, so copy it carefully.

Changed bank details? Be careful

Stay alert if someone suddenly wants you to pay into another account. The fact that GXSBUS33 exists does not mean that the account is genuine; criminals use the codes of real banks too.

Before paying, confirm a change of bank details by phone, using a number you already had. Urgency and secrecy tend to be warning signs – a real supplier can wait a day. If money was sent to a fraudster, contact your bank immediately.

Recipients can be targeted as well: one known trick is an overpayment followed by a request to send back the difference abroad. Do not act before the money is actually in your account.

Verifying the SWIFT code of Gxs, Inc.

The most reliable place for the correct BIC remains a document from the bank itself, such as a statement or the account details in online banking. If the code you have differs from GXSBUS33 or GXSBUS33XXX, do not guess – contact the recipient or Gxs, Inc..

With a wrong code, the payment may be delayed, bounce back or cost extra, and tracing it can take weeks. A mistake in the IBAN or account number is a bigger problem because it can reach the wrong person.

Most online banking apps validate the structure of IBANs. More and more banks compare the name with the account before you confirm – do not ignore a mismatch warning. Sending a small amount first is a sensible step for large sums.

Receiving money from abroad at Gxs, Inc.

For an international payment into your account at Gxs, Inc., the sender has to have more than the BIC. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC GXSBUS33XXX (or GXSBUS33) and usually your address.

The sender’s bank may also ask for the address of your bank, in which case the Gaithersburg,md head office is the usual answer. Double-check each detail before you send them.

Do not be surprised if the incoming amount is below the amount on the sender’s receipt. Charges on incoming payments vary from bank to bank. For business payments, it is common to agree how the fees are split.

Head office or branch code at Gxs, Inc.?

Gxs, Inc. uses 2 different SWIFT/BIC codes across 1 locations. Only one is the head office code, GXSBUS33XXX; the others belong to branches or departments, and sometimes specific services.

Usually you do not need to pick a branch: payments sent to GXSBUS33XXX reach Gxs, Inc. correctly. A branch code only makes sense when the account holder specifically asks for it.

Unsure which code to use? Check with the recipient, or look at a recent statement from Gxs, Inc.. Codes for branches are more prone to change than GXSBUS33XXX when a bank merges or closes offices.

About this information

Our SWIFT/BIC directory is based on public sources and we update it periodically. Banks merge, change names and change codes. The figures on this page are based on our own data.

Use our data as a starting point, rather than as the final word. We are an independent comparison service for money transfers and not part of Gxs, Inc.. Should you notice a mistake, we appreciate a short note via the contact page.