U.s. Bank SWIFT/BIC code

What USBKUS44 means for a payment to U.s. Bank

USBKUS44 and USBKUS44XXX are two ways of writing the same bank identifier, and both lead to U.s. Bank in Minneapolis,mn. Banks worldwide use these codes to direct international transfers to the right institution. It comes up mostly for payments that cross a border.

On this page you can read what the code means, when you need it and what else a transfer to or from U.s. Bank requires. A SWIFT code identifies an institution, not a specific account.

The US Dollar and what conversion costs you

Accounts at U.s. Bank are usually held in USD, the national currency of United States. When you pay another currency has to be converted at some point – by your bank, by U.s. Bank or by a bank in between. You rarely see a separate line for that conversion – the cost sits in the rate.

Who does the conversion affects the final amount. Often you pay less if you send USD straight away through a provider with a good rate, so that the receiving bank does not need to convert again.

The rate for USD changes throughout the day and quotes are often valid only for a short time. For regular payments, a slightly better rate make a real difference over a year.

Before you send: check the U.s. Bank code

The most reliable place for the right code remains a document from the bank itself, such as a statement or the account details in online banking. When the code you were given does not match USBKUS44 or USBKUS44XXX, stop and ask – contact the recipient or U.s. Bank.

With a wrong code, the transfer may be delayed, bounce back or cost extra – sometimes after weeks of searching. An error in the IBAN or account number is more serious, so check that just as carefully.

A validity check in your banking app only tells you that the code exists, not that it is the right account. Where available, a name check before sending gives extra certainty. For a first payment, many people start with a small test amount and wait for confirmation.

Scams that use SWIFT codes

Be alert if someone suddenly asks you to pay into another account abroad. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Check new bank details via a different channel like a call to a number from an earlier contract. Pressure and secrecy tend to be warning signs; a genuine business can wait for you to check. Acted too fast? Call your bank straight away and ask them to start a recall; also report it to the police.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to refund the difference. Wait until the money is actually in your account and check with U.s. Bank if anything seems off.

About this information

The codes on this page come from publicly available data that we update regularly. It can happen that information here is no longer current, for example after a merger. Figures such as the number of codes are from our directory.

See our directory here as a helpful check and rely on the recipient or U.s. Bank for the final confirmation. GoldexPay has no connection to U.s. Bank. If you notice a mistake, we appreciate a short note.

USBKUS44 or USBKUS44XXX – which one to use?

A SWIFT code is built from a few fixed parts: the first four letters stand for the bank, characters five and six show the country and characters seven and eight mark the location. For U.s. Bank, that core is USBKUS44.

XXX at the end of USBKUS44XXX is not a missing value or a mistake: it stands for the head office of U.s. Bank. Certain payment forms ask for 11 characters, and then you can add XXX after USBKUS44.

Type the code as one block, in upper case and without spaces, exactly as shown here. Watch for the letter O and the digit 0 or I versus 1.

Getting paid from abroad into a U.s. Bank account

Someone abroad who wants to pay you needs a few details about your account – incomplete details often cause delays. The basics are: your name, IBAN or account number, USBKUS44XXX or USBKUS44 and in many cases your postal address.

Certain banks also ask for the address of U.s. Bank in Minneapolis,mn; it does no harm to include it. A mistake in the IBAN is harder to fix than it looks, so copy the details from your online banking.

What lands in your account can be less than what was sent. Fees for incoming transfers vary from bank to bank. Agree with the sender who pays which costs before the money is sent.

Head office or branch code at U.s. Bank?

With 9 codes, U.s. Bank belongs to the banks that use individual codes for branches. The main code remains USBKUS44XXX.

For most incoming transfers, the head office code USBKUS44XXX works fine. A branch code only makes sense when the recipient’s bank explicitly asks for it, which is more common for business accounts and trade services.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.

International transfers from U.s. Bank: the real cost

If you send money to another country from U.s. Bank, the fee you see is rarely all of the cost. There is the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup when the money is converted.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts at a rate that includes a margin. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Specialised transfer providers frequently offer rates closer to the mid-market rate with clearer fees. GoldexPay lists these services side by side so you can see what actually arrives. Choosing a specialist does not mean leaving U.s. Bank.

How long does an international transfer to U.s. Bank take?

There is no fixed answer for every transfer: many land the same day or the next. Transfers sent after the cut-off time or just before weekends and holidays often go out a business day later. Occasionally a bank asks what the payment is for.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment carries a unique reference, the UETR. Money transfer services usually show tracking online showing where the payment has got.

If a payment has not arrived after a few business days, the sender should start with their own bank rather than U.s. Bank. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.