IBAN JPMorgan Chase Bank New York

Can you tell me if IBAN is required for International Wire Transfers in JPMorgan Chase Bank in New York?

[Rajkumar Agarwal]

Swift Codes, also called BIC Codes, are used for International Wire Transfers.

While routing number in USA are used for domestic wire transfers, swift codes are used for incoming international fund transfers.

If one wants to send or receive money from outside of United States to a bank account of JPMorgan Chase Bank NA in USA, one’s bank will ask for the swift code of JPMorgan Chase Bank NA.

Swift Codes or BICs of JPMorgan Chase Bank NA are used only for International Wire Transfers.

If one is doing only domestic payments then only need routing number of JPMorgan Chase Bank NA instead of swift codes.

Some International wires require an IBAN number, but bank accounts in USA do not have an IBAN.

However, one needs to provide ABA Routing Number and Account Number along with Swift Code of JPMorgan Chase Bank NA to initiate International wire transfer.

A full swift code (or Full BIC code) is 11 characters long. The last 3 characters in the full BIC is optional as they denote the branch code ('XXX' is for primary office and should be preferred if you are unsure).

If there are multiple swift codes mentioned for JPMorgan Chase Bank NA, just use the first 8 characters.

If even first 8 characters are numerous, then, use the one closest to one’s location or confirm with branch office.

Both sending and receiving of wire transfer may involve a fee. If there is a currency conversion, there may be additional cost.