Sei Private Trust Company SWIFT/BIC code

What SEICUS33 means for a payment to Sei Private Trust Company

If an invoice shows SEICUS33 or SEICUS33XXX, it is the identical address for Sei Private Trust Company in United States. The code does one job: it makes sure that an international payment ends up at the right bank. In practice you mostly come across the code on international invoices, in payment forms and in the bank details of Sei Private Trust Company customers.

On this page you can read what the code is put together, when you need it and which other details a transfer to or from Sei Private Trust Company requires. The SWIFT code on its own cannot identify an individual account holder; for that you need the account number or IBAN .

Sending money abroad from Sei Private Trust Company

An international bank payment costs more than the listed fee. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup.

Banks do not list the margin on the rate separately. An easy check: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a transfer service is less expensive than a bank. GoldexPay lists transfer providers side by side so you can see the amount the recipient gets before you commit. You can still keep your account at Sei Private Trust Company.

Is SEICUS33 still correct? How to check

The most reliable place for the correct BIC remains paperwork issued by the bank, such as a statement or the account details in online banking. When the code you were given differs from SEICUS33 or SEICUS33XXX, stop and ask.

Mistakes in the SWIFT code are costly more than disastrous: often the payment comes back, minus fees. A mistake in the account number is a bigger problem because it can reach the wrong person.

Most online banking apps check the format of an IBAN and sometimes look up the BIC automatically. Some banks now check the payee name against the account. Sending a small amount first is worth it for large sums.

How up to date is this code?

This directory draws on public sources. Even so, banks merge or retire codes, so information can be out of date. Figures such as the number of codes are from our own dataset and are not confirmed by Sei Private Trust Company.

Before any payment that matters, confirm the BIC with Sei Private Trust Company or with the recipient. GoldexPay is independent of Sei Private Trust Company; we are a comparison site for money transfers. If you notice something that is out of date, we welcome a short note via the contact page.

Changed bank details? Be careful

Fraudsters regularly use payment requests with new bank details. The fact that SEICUS33 exists is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Never trust contact details in the same message that contains the change. Be suspicious of urgent requests, unusual wording or a sender address that is slightly off. If money was sent to the wrong account, contact your bank immediately.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to send back the difference abroad. Do not act before the money has really arrived.

When will the money arrive at Sei Private Trust Company?

An international transfer usually needs anywhere from one to several business days. Payments made after the cut-off time or on a weekend or public holiday usually go out the next business day. Sometimes a bank asks what the payment is for, which can hold things up.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services often show tracking online showing how far the money has got.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. On the receiving end, you can check your statements to see a slightly lower amount because fees can reduce the amount.

8 or 11 characters: SEICUS33 versus SEICUS33XXX

The layout of every SWIFT code is always the same: four characters for the institution, two for the country and two for the location. For Sei Private Trust Company, the 8-character core is SEICUS33.

Many payment forms work with both lengths. If yours asks for eleven characters, enter SEICUS33XXX, otherwise SEICUS33 is fine.

As a rule the code is typed in capitals. Pasting the code is safer than typing it by hand, because one wrong letter changes the bank.

Which of the 80 codes of Sei Private Trust Company do you need?

Sei Private Trust Company uses 80 separate SWIFT/BIC codes. One of them is the head office code; the rest identify branches or departments, and sometimes specific services.

For most payments to a private or business account, the head office code SEICUS33XXX is what you need. Only use a branch code when the recipient gives you that exact code.

The safest route is to copy the code straight from the recipient’s bank details. Codes can change when banks reorganise.

What to give a sender who pays you at Sei Private Trust Company

A sender in another country needs a few details about your account, and missing ones are a common cause of delays. What they need is: the account holder’s name, IBAN or account number, SEICUS33XXX or SEICUS33 and, for some countries, your home address.

The sender’s bank may request the bank address of Sei Private Trust Company, in which case the Oaks,pa head office is the usual answer. Double-check the details before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be less than what was sent. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate applies. Make clear with the sender who pays which costs.

US Dollar (USD) and conversion costs

Accounts at Sei Private Trust Company are typically held in USD, the local currency of United States. If you send another currency gets converted somewhere along the way. You rarely see a separate line for that conversion; it is built into the rate.

Which bank converts the payment matters. In many cases you pay less if you send USD directly through a transfer service with a good rate.

The rate for USD changes constantly. For recurring payments, a slightly better rate make a real difference over a year.