Templeton Franklin Investment Services SWIFT/BIC code

What TFISUS61 means for a payment to Templeton Franklin Investment Services

The short code TFISUS61 and the full code TFISUS61XXX identify the same bank: Templeton Franklin Investment Services, with its head office in Carmel,ca. Every bank on the SWIFT network uses these codes to route international transfers to the correct bank. You will need it mainly when dealing with payments that cross a border.

We wrote this page to help people who sends money to an account at Templeton Franklin Investment Services without mistakes. Remember that the SWIFT code only identifies the bank, not the account: the account number or IBAN does that part.

How long does an international transfer to Templeton Franklin Investment Services take?

How quickly a payment arrives at Templeton Franklin Investment Services is determined by a few things: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Weekends and public holidays in either country add extra days. Extra checks on larger or unusual payments can also add a delay.

When a payment takes longer than expected, contact the sending bank about the tracking status or the UETR so they can trace it along the chain. Keep your transfer receipt until the money has arrived.

If a payment has not arrived after a few business days, the person who paid should start with the bank that sent it rather than Templeton Franklin Investment Services. On the receiving end, it helps to check your account for a partial amount, since fees may have been deducted.

Sending money abroad from Templeton Franklin Investment Services

What you pay for a payment abroad is made up of several parts. You pay the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the margin on the exchange rate when the money is converted.

Many banks do not show their exchange rate markup as a cost. An easy check: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently use a rate near the mid-market rate and lower fees. Next time you send money, take a minute comparing the total cost on GoldexPay instead of going straight to your bank. You can always use your account at Templeton Franklin Investment Services to fund the transfer; only the conversion and sending happen elsewhere.

TFISUS61 or TFISUS61XXX – which one to use?

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. The result is TFISUS61 for Templeton Franklin Investment Services.

The long version has three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office.

Type the code as one block, in capitals and without spaces. Watch for O versus 0 or I versus 1.

Scams that use SWIFT codes

Fraudsters regularly use fake invoices containing new bank details sent from what looks like a familiar address. That TFISUS61 is a real code is no guarantee that the account is genuine; criminals use the codes of real banks too.

Check new payment details via a separate channel, not by replying to the message. Watch out for urgent requests, unusual wording or a sender address that is slightly off. Already paid? Contact your bank without delay and have them start a recall and report the fraud.

Scams also work the other way. Someone sends too much and asks you to return the difference to a new account. Wait until the money is actually in your account – ask Templeton Franklin Investment Services if something looks wrong.

US Dollar (USD) and conversion costs

Accounts at Templeton Franklin Investment Services are typically held in USD, the local currency of United States. When you pay money in a different currency has to be converted at some point – by your bank, by Templeton Franklin Investment Services or by a bank in between. There is rarely a separate charge for that conversion.

Who does the conversion affects how much arrives, since every bank sets its own rate. Often it is cheaper to send USD straight away through a transfer service with a good rate rather than letting the receiving bank convert.

The USD rate changes constantly, so the amount you see is usually only valid for a short time. With bigger transfers, even seemingly small difference in the rate adds up quickly.

Which of the 2 codes of Templeton Franklin Investment Services do you need?

Templeton Franklin Investment Services uses 2 separate SWIFT/BIC codes. Only one is the head office code, TFISUS61XXX; the rest identify branches.

Unless the recipient tells you otherwise, use TFISUS61XXX. Just use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

The safest route is to copy the code straight from the recipient’s statement. Branch codes are more prone to be retired than the head office code.

A note on our data

We gather bank codes using publicly available data and check them regularly. Still, banks merge, rename themselves or change codes and our data may lag behind. Figures such as the number of codes come from our own dataset and may differ from what Templeton Franklin Investment Services publishes.

See the information here as a handy check and rely on the recipient or Templeton Franklin Investment Services for the final confirmation. GoldexPay is independent of Templeton Franklin Investment Services, we only compare transfer services. Should you notice a mistake, we appreciate a message.

Verifying the SWIFT code of Templeton Franklin Investment Services

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Compare that code with TFISUS61 on this page; if they differ, ask before you pay.

With a wrong code, the transfer might be delayed, bounce back or cost extra. Remember the IBAN: a mistake there is more difficult to correct than a wrong code.

An automatic check in your banking app merely tells you that the IBAN is valid, not that it is the right account. If your bank offers it, a name check before sending gives extra certainty. For a first payment, many people start with a small amount first.

What to give a sender who pays you at Templeton Franklin Investment Services

To receive an international payment into your account at Templeton Franklin Investment Services, the person paying you needs not just the BIC. That means: your name exactly as it appears on the account, your account number or IBAN, the BIC TFISUS61XXX and, often, your address.

You can include Templeton Franklin Investment Services and its city too. A mistake in the IBAN is more trouble than you might think, so copy the details from your online banking.

Money from abroad will not always arrive for the full amount. Fees for incoming transfers vary per bank; check the price list of Templeton Franklin Investment Services. For business payments, it is common to agree how the fees are split to avoid a shortfall.