ABERCROMBIE AND FITCH CO SWIFT CODE

ANFCUS33 – ABERCROMBIE AND FITCH CO

WIFT CODEANFCUS33
BANKABERCROMBIE AND FITCH CO.
ADDRESS6301 FITCH PATH
CITYNEW ALBANY
BRANCH
POSTCODE43054Detailed information about SWIFT Code ANFCUS33

COUNTRYUnited States
Detailed information about SWIFT Code ANFCUS33

ABERCROMBIE AND FITCH Co Overview and History

Abercrombie and Fitch Co. (ANF) is an American lifestyle retailer that focuses on casual wear, primarily targeting young consumers. The company was originally founded in 1892 by David Abercrombie and Ezra Fitch as an elite outdoor outfitter and sporting goods store. Over the years, Abercrombie transformed into a more youth-oriented apparel brand, operating stores under the Abercrombie & Fitch, Abercrombie Kids, Hollister, and Gilly Hicks names. At its peak in the late 1990s and early 2000s, Abercrombie developed a reputation for its risqué advertising and exclusionary branding, but has worked in recent years to reposition its image and better align with shifting consumer preferences around diversity and inclusion.

Company Values and Branding

While Abercrombie has sought to evolve with the times, its fundamental brand identity remains tied to youth, casualness, sex appeal, and aspirational Americana. It continues to promote a vibrant, carefree lifestyle — one deeply intertwined with looking and feeling attractive. Controversies around body type discrimination may have subsided, but attractiveness and a subtle sexiness remain central to Abercrombie’s timeless collegiate essence. Its brands also aim to fuse this essence with emerging trends, creativity, and lighthearted bounds of rebelliousness.

Recent Performance

After struggling through much of the 2010s amidst rapidly changing consumer tastes and rising digital competition, Abercrombie has bounced back to regain its footing in recent years. The company trimmed unprofitable store locations, invested in omnichannel capabilities, and focused on operational agility to better respond to ongoing shifts in the retail landscape. Abercrombie also began placing greater emphasis on diversity, environmental sustainability, and ethical transparency. Thanks to these efforts, it has posted seven consecutive quarters of positive sales growth dating back to late 2020 and appears well-positioned to lengthen its winning streak.

SWIFT CODE ANFCUS33

What is a SWIFT Code?

A SWIFT code is an international bank code that identifies and locates financial institutions globally to ease the transfer of money electronically. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. It contains 8 or 11 alphanumeric characters that help in the smooth facilitation of global money transfer.

Purpose of SWIFT Codes

  • Uniquely identify banks and financial institutions globally
  • Reduce errors in cross-border transfers
  • Enable automation in international money transfers

Structure of a SWIFT Code

A SWIFT code consists of the following components:

  • Bank Code (4 characters) – identifies the bank name
  • Country Code (2 characters) – denotes country location
  • Location Code (2 characters) – signifies city/location
  • Branch Code (3 characters) – pinpoints the bank’s branch

Details of Abercrombie And Fitch Co. Swift Code

The SWIFT code for Abercrombie And Fitch Co. is ANFCUS33

Swift Code ANFCUS33 Breakdown

  • Bank Code: ANFC
  • Country Code: US (United States)
  • Location Code: 33
  • Branch Code: XXX

Bank Name and Address

Name: ABERCROMBIE AND FITCH CO.

So the full details validated for this SWIFT code are:

Bank NameABERCROMBIE AND FITCH CO.
Bank Address6301 FITCH PATH, NEW ALBANY, 43054, UNITED STATES
SWIFT CodeANFCUS33

International Money Transfers

The ANFCUS33 SWIFT code can be used to facilitate cross-border money transfers between Abercrombie and Fitch Co.’s accounts and overseas banks or vendors. Providing the SWIFT code speeds up foreign transactions and prevents delays stemming from incomplete information.

Fees and Charges

Banks normally charge both inward and outward remittance fees on international wire transfers. These fees vary greatly but typically range from $10-$50 per transaction depending on factors like transfer size, currency, and destination country. Customers should check with their personal banks to understand exactly what fees will apply prior to transfers.

Payment Processing Times

Transaction speed also depends on multiple variables, but standard processing time for SWIFT payments is 1-3 business days. More distant and complex cross-border transfers can take 4-5 days to complete. Banks may be able to expedite for an extra cost.

Additional Information Required

While the SWIFT code provides essential wire transfer details, customers originating payments normally need to supply additional information like exact beneficiary details (name, addresses, account numbers etc.) and transfer amount. Omission of any critical information can delay transactions.

Money Transfer Options

In addition to traditional wire transfers through established banks, consumers and businesses can leverage alternative providers like Wise (formerly Transferwise) to send money abroad often at significantly lower costs compared to traditional banks.

Conclusion

Key Takeaways

  • Abercrombie and Fitch Co. specializes in aspirational, youth-oriented apparel centered around casual American style with underlying sex appeal
  • Its ANFCUS33 SWIFT code enables secure, efficient international B2B payments and money transfers
  • Key elements include the ANFC bank code, US country code, 33 location code, and XXX branch code
  • Consumers and businesses can save on foreign transaction fees by using alternative providers like Wise

Final Thoughts

In sum, Abercrombie and Fitch Co. has a globally-recognized SWIFT code matching its multinational business operations that streamlines cross-border financial flows alongside ancillary consumer payment platforms tailored to its target demographics. Proper use of the code unlocks faster processing speeds, lower costs, and fewer errors arising from incomplete details.

Frequently Asked Questions

What other information may be required for international wire transfers?

Additional details like exact recipient name, physical addresses, account numbers, transfer amount in the correct currency, and transaction purpose are normally required to prevent delays.

How long has Abercrombie and Fitch Co. been in business?

The company traces its origins back to 1892 when David Abercrombie founded Abercrombie Co., a New York outfitter shop later merged with Ezra Fitch to form Abercrombie & Fitch in 1904. The current corporate entity was established in 1996 following a series of spinoffs and acquisitions.

What does the SWIFT code ANFCUS33 stand for?

ANFCUS33 is the SWIFT code for ABERCROMBIE AND FITCH CO. bank located in NEW ALBANY, UNITED STATES.

Who can use the Abercrombie And Fitch Co. SWIFT code?

Any individual or company looking to transfer money to a bank account at Abercrombie And Fitch Co. bank can use the SWIFT code.

Can I use ANFCUS33 for domestic transfers?

A3: No, ANFCUS33 is an international SWIFT code used only for overseas money transfers.

Is there any branch code in ANFCUS33?

No, the branch code is indicated by XXX in the provided SWIFT code.

Does Wise transfer charge any fee for money transfer?

Yes, Wise charges a small transaction fee for facilitating international money transfers which is much lower than traditional wire transfers.

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