AIB BANK SWIFT CODE

AIBKUS3T – AIB BANK

SWIFT CODE	AIBKUS3T
BANK	AIB BANK
ADDRESS	405 PARK AVENUE
CITY	NEW YORK
BRANCH
POSTCODE	10022
COUNTRY	United States

Detailed information about SWIFT Code AIBKUS3T

AIB Bank SWIFT Code: AIBKUS3T

SWIFT codes are standardized bank identifiers used to facilitate international money and security transfers. SWIFT stands for the Society for Worldwide Interbank Financial Telecommunication. These codes help route global financial messages to the correct bank and account.

Every banking institution has designated SWIFT codes to identify specific branches. These codes provide essential details like the bank name, location, and country.

Understanding SWIFT codes is crucial when transferring money internationally. The codes ensure your wire transfer reaches the intended recipient account. Mistakes can lead to delays or lost funds.

AIB Bank has the SWIFT code AIBKUS3T. This guide covers everything you need to know about this code for addressing payments properly.

What is a SWIFT Code?

A SWIFT code consists of 8 to 11 letters and numbers identifying key bank details:

Bank Code: Institution identifier code
Country Code: Location of the bank
Location Code: Branch location
Branch Code: Optional detail for specific offices

Financial institutions monitor SWIFT network messages via these codes. The structured format enables secure global communication.

Purpose of SWIFT Codes

SWIFT codes serve many essential functions, including:

Bank Identification: Distinguish bank names and locations
Transaction Routing: Send payment instructions correctly
Transfer Security: Verify legitimate bank messages
Transfer Tracking: Follow transaction processing from start to finish

Understanding how to use SWIFT codes properly prevents payments from getting lost or delayed.

Overview of AIB Bank

AIB Bank offers corporate financial solutions in over 30 countries across Europe, the Americas, Middle East, and Asia-Pacific. The bank has assets over $100 billion USD and over 3,400 institutional clients worldwide.

AIB Bank (American) has its United States headquarters at 405 Park Ave, New York, NY 10022.

Details of SWIFT Code AIBKUS3T

The SWIFT code for AIB Bank in the United States is AIBKUS3T. This identifies the American headquarters location specifically.

Here are details on the structured code breakdown:

SWIFT Code AIBKUS3T Breakdown

AIBK: AIB Bank code
US: United States country code
3T: New York location code
T: Code status active

No branch code is assigned.

Bank Name and Address

Bank Name: AIB Bank
Address: 405 Park Avenue, New York, NY 10022

Money Transfer Options

AIB Bank offers various money transfer solutions:

Wire transfers
Foreign currency exchange
International payments

Save on fees using cost-effective transfer services like Wise.

Using SWIFT Code AIBKUS3T

The main uses for SWIFT code AIBKUS3T involve:

International Wire Transfers

Send secured interbank payments to recipient accounts abroad.

Foreign Currency Transactions

Exchange currencies at competitive rates for overseas transfers.

International Payments

Pay international invoices and conduct recurring global payments.

SWIFT code AIBKUS3T routes instructions to AIB Bank’s USA office.

Benefits of SWIFT Code AIBKUS3T

Fast and Secure Transfers

SWIFT payments finalize within 1-3 days. The structured network prevents fraud.

Clear Transaction Records

SWIFT codes provide transparent documentation of all payment details.

Standardized Global System

Over 11,000 connected institutions across 200 countries rely on SWIFT codes.

Steps for Using SWIFT Code AIBKUS3T

Follow these key steps whenever sending SWIFT transfers:

Gather Recipient Details

Get the recipient name, bank name and address, account number, and SWIFT code.

Validate Details with Bank

Verify information accurately matches the receiving account.

Initiate Transfer Through Bank

Submit signed transfer forms and payment instructions to AIB Bank.

An international banking specialist can assist with navigating regulatory requirements per country.

Tips for Avoiding Errors

Take precautions by:

Double Checking SWIFT Code

Confirm code AIBKUS3T matches the recipient bank details.

Confirming Recipient Account Information

Have the recipient validate information on their end.

Verifying Transfer Details Before Sending

Review the amount, bank names, dates, and reference details.

Avoid mistakes that cause costly delays or misdirected payments.

FAQs on SWIFT Code AIBKUS3T

What happens if I use the wrong SWIFT code?

Funds may get lost or delayed. Contact your bank to potentially recall the transfer.

How long do SWIFT transfers take?

Global payments finalize within 1-3 business days typically.

Is there a fee to wire money internationally?

Yes, banks charge wire fees around $40 or more per transfer.

Can I cancel a transfer if I make a mistake?

Recipient authorization is required. Your bank can request return of funds.

How can I track the status of my transfer?

AIB Bank provides transfer tracking and notifications by request.