Thornburg Investment Management SWIFT/BIC code

THINUS51 – the SWIFT/BIC code of Thornburg Investment Management

If an invoice shows THINUS51 or THINUS51XXX, you are looking at the same address for Thornburg Investment Management in United States. A SWIFT code tells the sending bank which institution should receive the money. It comes up mainly when dealing with transfers between countries or a currency.

We wrote this page to help anyone who sends money to an account at Thornburg Investment Management. Remember that the SWIFT code only identifies the bank, not the person: the IBAN or account number takes care of that.

How to check THINUS51 before you pay

The most reliable source for the BIC is the recipient’s own bank details. Check it with THINUS51 here.

With a wrong code, the payment might be delayed, be returned or end up costing more, and tracing it can take weeks. Do not forget the account number: a mistake there can be harder to undo than a wrong BIC.

Most online banking apps check the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Some banks now check the payee name against the account before you confirm. Sending a small amount first is a sensible step for large sums.

Watch out for payment fraud

One of the most common tricks goes like this: an email arrives with a request saying that a company has new bank details. That THINUS51 is a real code is no guarantee that a request mentioning it is genuine – fraudsters use real bank codes as well.

Before paying, confirm changed bank details through a phone call, using a number you already had. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Call your bank straight away and have them try to recall the payment.

Fraud can also target the receiver. Someone claims to have sent more than agreed and asks you to return the difference to a new account. Do not act before the money has really arrived and check with Thornburg Investment Management if anything seems off.

Sending money abroad from Thornburg Investment Management

The price of an international transfer is made up of more than one component. Besides the transfer fee, correspondent or intermediary banks can take a cut, and if currencies are converted, the bank often uses a rate below the real market rate.

That exchange rate margin tends to be the biggest item even though it is not listed as a fee. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

Specialised transfer providers frequently use a rate near the mid-market rate with clearer fees. Next time you send money, take a minute comparing the total cost via GoldexPay instead of going straight to your bank. Choosing a specialist does not mean closing your account at Thornburg Investment Management – you pay the provider from your own account.

US Dollar (USD) and conversion costs

Accounts at Thornburg Investment Management are usually held in USD, the local currency. Money sent in a different currency is converted into USD on its way to Thornburg Investment Management – and the bank that does it picks the rate. You rarely see a separate charge for that conversion – the cost sits in the rate.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Transferring the amount directly in USD usually avoids a second conversion at the receiving end, provided the rate you get is fair.

Rates for USD move all the time – some services let you fix a rate in advance. For recurring payments, a slightly better rate add up over a year.

Incoming international payments to Thornburg Investment Management

When you expect money from abroad, send the payer everything they need in one go. The basics are: your name, IBAN or account number, THINUS51XXX and in many cases your postal address.

Certain sending banks also ask for the address of Thornburg Investment Management in Santa Fe,nm. A mistake in the IBAN can be harder to fix than you might think.

What lands in your account can be less than the amount sent. Correspondent banks can take a fee, and when currencies differ, an exchange rate margin comes on top. On invoices, it is common to state who bears the costs to avoid a shortfall.

Transfer times and tracking a payment to Thornburg Investment Management

An international transfer typically takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Weekends and public holidays in the sending or receiving country add extra days. Extra checks by one of the banks can also cause some delay.

If a transfer seems delayed, ask the sending bank about the status or the UETR so they can trace it along the chain. Money transfer services often provide tracking online showing where the money has got.

The bank that sent the money can start an official trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, it helps to look at your account to see a slightly lower amount because fees can reduce the amount.

Which of the 2 codes of Thornburg Investment Management do you need?

Our directory lists 2 SWIFT/BIC codes for Thornburg Investment Management, spread over 1 cities. Besides the head office code THINUS51XXX, you will find codes for branches, departments or specific services.

In most cases you do not need to look up a branch: transfers addressed to THINUS51XXX are routed within Thornburg Investment Management without problems. A branch code only makes sense when the recipient’s bank specifically asks for it.

When in doubt, ask the person you are paying which code their bank gave them. Codes for branches are more likely to change than the head office code when a bank merges or closes offices.

What the XXX in THINUS51XXX means

Every SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. Combined, these eight characters make up THINUS51 – the version you usually see online.

XXX at the end of THINUS51XXX does not stand for a missing value or a mistake: it stands for the main office of Thornburg Investment Management. Some banking apps ask for 11 characters, in which case you simply add XXX behind THINUS51.

In practice the code is typed in capitals, without spaces or dashes. Look out for the letter O and the digit 0 and the letter I and the digit 1; they are easy to mix up.

How up to date is this code?

We gather bank codes using public sources and check them regularly. Banks merge, change names and change codes, and a directory never catches every change immediately. The number of codes we show are based on our own data, not official figures from Thornburg Investment Management.

For a payment of any size, check the code with Thornburg Investment Management or with the recipient. GoldexPay is independent of Thornburg Investment Management, we only compare transfer services. Found an error? Let us know via our contact form so we can correct it.