State Street Bank and Trust Company SWIFT/BIC code

SBOSUS33 – the SWIFT/BIC code of State Street Bank and Trust Company

The short code SBOSUS33 and the full code SBOSUS33XXX refer to one and the same institution: State Street Bank and Trust Company. The code does one job: it makes sure that money from abroad ends up at the right bank. In practice you mostly come across it on international invoices, in your banking app and on the account details that State Street Bank and Trust Company provides.

On this page you can read how the code is put together, when you need it and which other details you need for a transfer to or from State Street Bank and Trust Company. The BIC identifies an institution, never a specific account.

How up to date is this code?

We collect bank codes from public sources and check them regularly. Institutions merge, close branches and retire codes. The number of codes on this page reflect our own data.

For any payment that matters, always check the BIC with the recipient’s bank or the recipient. GoldexPay is a comparison site for money transfers and not affiliated with State Street Bank and Trust Company. Spotted outdated information? Tell us through the contact page.

US Dollar (USD) and conversion costs

The currency of United States is the US Dollar (USD). Money sent in a different currency is exchanged into USD on its way to State Street Bank and Trust Company. Every conversion costs the amount.

Where the conversion happens affects how much arrives, since every bank sets its own rate. Sending the money directly in USD often avoids a second conversion at the receiving end – as long as your own rate is good.

The USD rate changes throughout the day. With bigger transfers, even small gap in the rate can be worth more than the fee.

Tracking a transfer to or from State Street Bank and Trust Company

There is no single answer: some land within a day, others take several business days. Bank holidays in either country can add a day or more, since banks do not process on those days. Sometimes a bank asks about the purpose of a payment.

If a transfer seems delayed, ask your bank for the tracking status or the UETR so they can trace it along the chain. Keep the payment confirmation until the money has arrived.

The bank that sent the money can request a trace or a recall; the receiving side usually has nothing to trace yet. On the receiving end, you can look at your statements for a slightly lower amount because fees can reduce the amount.

Choosing between the 12 SWIFT codes of State Street Bank and Trust Company

State Street Bank and Trust Company has 12 separate SWIFT/BIC codes across 3 cities. Only one is the head office code; the rest belong to branches or departments, and sometimes internal departments.

For most payments to a private or business account, the head office code SBOSUS33XXX works fine. Branch codes are only needed when the recipient’s bank explicitly asks for it.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are more prone to be retired than SBOSUS33XXX when a bank merges or closes offices.

Why State Street Bank and Trust Company has an 8- and an 11-character code

Each SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. That gives you SBOSUS33.

Most banks and apps accept both lengths. If yours requires eleven characters, enter SBOSUS33XXX.

Leave out spaces or dashes when you type SBOSUS33 or SBOSUS33XXX. Copying the code is safer than retyping it.

Paying someone abroad from your State Street Bank and Trust Company account

The price of a payment abroad is made up of more than one component. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

The markup on the rate tends to be the largest cost, and it is easy to miss. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For a lot of routes, a transfer service turns out to be less expensive than a bank. Next time you send money, take a minute to compare what arrives via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving State Street Bank and Trust Company.

Scams that use SWIFT codes

Fraudsters often use payment requests containing changed bank details, sometimes in an email that looks completely genuine. That SBOSUS33 is a real code is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Do not trust a phone number from the same email that contains the change. Urgency and requests to keep it quiet tend to be warning signs – a real supplier can wait a day. When money was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Scams can also work the other way. Someone claims to have sent more than agreed and asks you to return the difference to a new account. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

How to check SBOSUS33 before you pay

Have the recipient copy the account details straight from a recent statement. If the code you have differs from SBOSUS33 or SBOSUS33XXX, stop and ask – contact the recipient or State Street Bank and Trust Company.

With a wrong code, the transfer might get stuck, bounce back or cost extra, and tracing it can take weeks. An error in the account number is more serious because it can reach the wrong person, so check that just as carefully.

A format check by your bank merely tells you that the code exists. If your bank offers it, a name check on the recipient adds an extra layer of safety. When you pay someone new, some people start with a small amount first and wait for confirmation.

What to give a sender who pays you at State Street Bank and Trust Company

If you expect money from abroad, send the payer all details at once. Give them the account holder’s name, your account number or IBAN, SWIFT code SBOSUS33XXX and your address, which some banks require.

Some sending banks want the name and address of State Street Bank and Trust Company in Boston,ma. A mistake in the IBAN can be harder to fix than it looks; copy them from your banking app rather than typing.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary per bank; check the price list of State Street Bank and Trust Company. On invoices, you can state who bears the costs to avoid a shortfall.