Inter American Development Bank SWIFT/BIC code

What IADBUS3W means for a payment to Inter American Development Bank

If an invoice shows IADBUS3W or IADBUS3WXXX, you are looking at the same address for Inter American Development Bank in United States. A BIC has a single purpose: it makes sure that money from abroad reaches the right bank. In daily life you usually come across the code on international invoices, in payment forms and on the account details that Inter American Development Bank provides.

On this page we explain what the code means, when it matters and what else you need for a transfer to or from Inter American Development Bank. Keep in mind that the SWIFT code just identifies the bank, not the account: the IBAN or account number does that part.

Incoming international payments to Inter American Development Bank

Someone abroad who wants to pay you will ask for several details about your account. The basics are: your name, IBAN or account number, IADBUS3WXXX or IADBUS3W and often your postal address.

Certain sending banks also ask for the bank’s address, so keep it at hand. Check every detail before you send them, because the sender’s bank usually copies them as is.

What lands in your account is often less than the amount sent. Fees for incoming transfers vary per bank – the price list of Inter American Development Bank tells you what applies. On invoices, it is common to state how the fees are split, so that nobody is left short.

When will the money arrive at Inter American Development Bank?

A SWIFT payment typically takes anywhere from one to several business days. Payments made late in the day or on a weekend or public holiday often go out a business day later. Sometimes a bank asks what the payment is for.

When a payment takes longer than expected, ask the sending bank for the status or the UETR. Money transfer services often show a status online so you can see how far the money is.

A delayed transfer has to be traced from the sending side. As a recipient, you can check your account to see a partial amount.

Sending money abroad from Inter American Development Bank

What you pay for an international transfer has more than one component. Besides the transfer fee, correspondent or intermediary banks can take a cut, and when the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

Banks do not list the margin on the rate separately, but you pay it all the same. A simple test: put the bank’s rate against the mid-market rate for the same moment and look at the difference.

Money transfer services frequently use rates closer to the mid-market rate with clearer fees. Before your next transfer, it is worth to compare what arrives via GoldexPay instead of going straight to your bank. You can always keep your account at Inter American Development Bank; only the conversion and sending happen elsewhere.

US Dollar (USD) and conversion costs

United States uses the US Dollar (USD). If you send money in a different currency it has to be converted somewhere along the way. Each conversion costs something.

Who converts the money matters, because each party uses its own rate. Check how much USD the recipient gets with several providers before choosing one.

Rates for USD change all the time. On larger amounts, even seemingly small gap in the rate can be worth more than the fee.

Choosing between the 2 SWIFT codes of Inter American Development Bank

Having 2 codes in 1 cities, Inter American Development Bank is one of the banks that register separate codes for parts of the organisation and departments. The main code is IADBUS3WXXX.

For the vast majority of incoming transfers, the head office code IADBUS3WXXX works fine. When you receive a branch code, use it as it is instead of swapping it for the head office code.

Not sure which code applies? Check with the recipient or the bank itself. Codes for branches are more prone to change than IADBUS3WXXX.

About this information

The codes on this page are taken from public sources which we refresh regularly. Institutions reorganise, close branches and change codes, and a directory never catches every change immediately. Counts and locations come from our directory and may differ from what Inter American Development Bank publishes.

Treat the information on this page as a helpful check and rely on the recipient or Inter American Development Bank for the final confirmation. We are a comparison service and not affiliated with Inter American Development Bank. Found outdated information? Tell us through the contact page so we can correct it.

IADBUS3W or IADBUS3WXXX – which one to use?

A BIC is built from fixed blocks: the first four letters identify the bank, the next two give the country and the two after that mark the location. Combined, these eight characters make up IADBUS3W.

Many banks and apps accept either length. If a form asks for eleven characters, use IADBUS3WXXX; if it wants eight, use IADBUS3W.

Do not add spaces when you enter IADBUS3W or IADBUS3WXXX. A wrong letter can send the money to a different institution.

Scams that use SWIFT codes

Criminals regularly use payment requests with new bank details sent from what looks like a familiar address. The fact that IADBUS3W exists is no guarantee that a request mentioning it is genuine; criminals use the codes of real banks too.

Do not rely on a phone number in the same message that contains the new account. Be suspicious of urgent requests, unusual wording or a sender address that is slightly off. When a payment has already gone to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Fraud also target the receiver: someone sends more than agreed and asks you to refund the extra via a different route. Do not act before the money is actually in your account – ask Inter American Development Bank if something looks wrong.

Before you send: check the Inter American Development Bank code

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Compare that code with IADBUS3W on this page; if they differ, ask before you pay.

A wrong SWIFT code may lead to delays, a returned payment or extra fees for investigation. An error in the account number is more serious.

Most online banking apps validate the structure of IBANs. More and more banks compare the payee name with the account; take any warning seriously. A small test payment is a sensible step for a large first payment.