SWIFT/BIC codes in United States: banks starting with R

United States: banks and their SWIFT/BIC codes

This directory covers 3498 banks and other institutions in United States, with 5781 SWIFT/BIC codes in total. A BIC tells the banks handling a transfer exactly which bank should receive an international payment.

Each bank is listed with its own page with its main code and if there are any, branch codes. The rest of this page covers how the codes work, the cost of transfers and the checks worth doing before you send money.

Paying in USD: what conversion costs you

United States pays in the US Dollar, code USD. If you send another currency, it gets converted at some point: by your bank, an intermediary or the receiving bank.

Where the conversion happens affects how much arrives. In many cases it is cheaper if you send USD straight away via a transfer service with a good rate rather than letting the receiving bank convert. With bigger transfers, a seemingly small gap in the rate adds up quickly.

How SWIFT codes from United States are built

A SWIFT code is 8 or 11 characters long. Characters one to four identify the bank, characters five and six are the country code and characters seven and eight give the location.

For banks in United States, characters five and six show the ISO country code of United States. Codes with a different country code come from a bank abroad.

When a code ends in XXX, it means the head office, and the 8-character version leads to the same place. In most cases the head office code is what you need, unless the recipient gives you a branch code.

Receiving money in United States from abroad

To receive an international payment into a United States account, the person paying you has to have more than the BIC. Share the account holder’s name, the IBAN or account number, the BIC of your bank and your address.

Find the bank in the list above, but take the code from your own bank details when in doubt. Certain sending banks also ask for the name and address of your bank; it does no harm to include it.

What lands in your account is often lower than what was sent. Charges on incoming payments differ per bank – your bank’s price list tells you what applies. On invoices, agree how the fees are split to avoid a shortfall.

How long does a transfer to United States take?

There is no single answer for payments to United States: some arrive the same day or the next. Public holidays in United States or in the sending country can add a day or more.

A growing number of banks use SWIFT gpi. Each payment gets a unique transaction reference, the UETR. Keep your transfer receipt until the money has arrived; a bank needs it to start a trace.

SWIFT codes in United States: banks under :letter

The letter filter narrows the list to banks from United States that begin with :letter. The counts in the introduction still refer to the whole country and not only this selection.

If the bank you need is missing here, check another letter – the registered name can differ from the name people use. The full overview for United States is one click away when the letter filter does not help.

Check the code before you pay

The most reliable source for the BIC is the recipient’s own bank details: an invoice, a statement or their online banking. If the code you have differs from our list, do not guess.

We collect bank codes from public sources and update them regularly. Institutions reorganise, change names and change codes – a directory can be a step behind. Use this list as a starting point, not as the final word; the recipient’s bank details are leading. We are a comparison service.

Watch out for invoices with a new account – a common fraud method. Before paying, verify a change of bank details by phone, using a number you already had.

Which bank in United States has the most codes?

Citadel Investment Group, L.l.c. leads the list of United States banks in SWIFT/BIC codes. Its head office code is CITGUS44XXX – the code most transfers need.

Banks differ in whether they register branch codes. Making a payment to Citadel Investment Group, L.l.c.? Use CITGUS44XXX except when the recipient gives you a branch code.

The cheapest way to send money to United States

The price of a payment to United States has several parts, and the fee on your screen is only one of them. There is the transfer fee, sometimes charges from intermediary banks and, most importantly, the margin on the exchange rate.

The real cost is often in the rate, not in the fee: banks convert at a rate with a margin built in. A simple test: set the offered rate against the mid-market rate and work out the difference on your amount.

Specialised transfer providers often offer a rate near the mid-market rate. GoldexPay compares transfer services side by side so you can see what actually arrives in United States before you commit.

Why a transfer to United States needs a SWIFT code

Because United States does not belong to SEPA, a transfer from abroad normally goes as a SWIFT payment. That means you always need the BIC of the recipient’s bank in addition to the account details.

Depending on the country, accounts are identified by a local account number instead of an IBAN, sometimes with an extra bank or branch code. Ask the recipient which details their bank requires for payments from abroad. SWIFT payments can pass through one or more intermediary banks, each of which may deduct a fee.