AIB BANK SWIFT CODE
AIBKUS33 – AIB BANK
| SWIFT CODE | AIBKUS33 |
|---|---|
| BANK | AIB BANK |
| ADDRESS | 405 PARK AVENUE |
| CITY | NEW YORK |
| BRANCH | |
| POSTCODE | 10022 |
| COUNTRY | United States |
SWIFT Code AIBKUS33
Understanding AIB Bank’s SWIFT Code
Have you ever come across a random series of letters and numbers like AIBKUS33 and wondered what it meant? If so, you’ve likely encountered a SWIFT code. SWIFT codes are used all over the world to facilitate international money transfers between banks.
In this guide, we’ll break down exactly what a SWIFT code is and its components. You’ll learn key details about SWIFT code AIBKUS33, including information on the bank it’s associated with and how to leverage it for money transfers. Let’s get started!
What Is a SWIFT Code and What Purpose Does It Serve?
A SWIFT code is an international bank code that identifies specific banks worldwide. It stands for the Society for Worldwide Interbank Financial Telecommunication.
SWIFT codes both identify banks and allow money to seamlessly flow across borders. Think of them like Bank routing numbers for international wire transfers.
These codes contain 8 or 11 alphanumeric characters broken into four key components:
Bank Code
This 4 alphanumeric character code identifies the bank itself.
Country Code
The 2 character country code identifies where the bank is located.
Location Code
This 2 character code represents the city location for that bank branch.
Branch Code
An optional 3 character code specififying the particular branch.
Breaking Down SWIFT Code AIBKUS33
Now that you understand the basic SWIFT code components, let’s break down the specifics of AIBKUS33:
Bank Details
Name: AIB Bank
Address: 405 Park Avenue
City: New York
Branch: N/A
Postcode: 10022
Country: United States
SWIFT Code Components
AIBK – Bank Code for AIB Bank
US – Country Code for the United States
33 – Location Code for New York City
XXX – No branch code specified
Easy enough right? You can now understand the essential information encoded within SWIFT code AIBKUS33.
Next let’s talk about how you can actually make use of it.
Leveraging AIBKUS33 For International Money Transfers
The main utility of SWIFT codes like AIBKUS33 is facilitating overseas wire transfers and payments.
By including the proper SWIFT code with any international money transfer, you ensure your funds route directly towards their intended destination without any hassle.
For AIB Bank specifically, here is how you would conduct a transfer:
- Indicate recipient details (name, account #)
- Include SWIFT code AIBKUS33
- Specify transfer amount and submit payment
Once submitted, your transfer goes through the secure SWIFT network directly into your recipients AIB Bank account.
However, banks often charge hefty fees on international wires – upwards of $40 or more per transfer!
Save on Fees with Wise Transfers
If you want to avoid costly bank fees, consider using the money transfer service Wise instead.
Wise offers convenient online international transfers using real mid-market exchange rates. And transfers to AIB Bank accounts only cost about $1! Pretty incredible savings.
So next time you need to send funds overseas, skip the bank wire and use Wise along with SWIFT code AIBKUS33 to save some serious cash!
FAQs
What is the full name of the AIB BANK?
AIB Bank
What city is the AIB BANK located in?
New York City
What is the AIB BANK’s address?
405 Park Avenue, New York, 10022
What country is AIB Bank located in?
United States
How can I save money on international transfers?
Use Wise rather than traditional bank wires to save significantly on fees!
So there you have it – everything you need to know about SWIFT code AIBKUS33 for AIB Bank transfers. Understanding what these codes mean opens up international transactions across over 200 countries worldwide!