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 you want to send or receive money from outside of united states to a bank account of Banco Santander Puerto Rico in USA, your bank will ask for the swift code of Banco Santander Puerto Rico.
Important: Swift Codes or BICs of Banco Santander Puerto Rico are used ONLY for International Wire Transfers. If you are doing only domestic payments then you only need routing number of Banco Santander Puerto Rico instead of swift codes.
Some International wires require an IBAN number, but bank accounts in USA do not have an IBAN. However, you need to provide ABA Routing Number and your Account Number along with Swift Code of Banco Santander Puerto Rico to initiate International wire transfer.
Banco Santander Puerto Rico Swift Codes for International Wire Transfers
To RECEIVE a wire transfer into your Banco Santander Puerto Rico account, you will need to provide the following information to the originating bank.
Your full name and mailing address (can not be a PO Box)
Your Santander Bank account number
SWIFT Code - SVRNUS33
Santander Bank routing number
If your account has 11 digits, your ABA/Routing number is 011075150
If your account has 10 digits, your ABA/Routing number is 231372691
If the depositing bank requires an address for Santander Bank, please use the following address:
Santander Bank N.A.
601 Penn Street
Reading PA 19601
Bank Swift
Full Swift Code
Bank - Branch
City
We couldn't find the Swift Code for Banco Santander Puerto Rico. It is possible that Banco Santander Puerto Rico is not connected to SWIFT network. Most of the credit unions and small banks in USA do not have the connectivity to swift network and thus does not have a Swift Code, IBAN or other international routing codes, so you can't directly receive international funds in your account with credit unions/ banks. However, there is a way around it.
How to receive International Wire Transfers if your Bank or Credit Union doesn't have a Swift Code
Don't worry! You can still receive international wire transfers. Sender's international financial institution should have a correspondent bank in the US (which acts as an intermediary bank) to which they can wire the money and then intermediary bank will send the money domestically (within USA) using aba routing numbers of Banco Santander Puerto Rico. You can find the Routing Number for Banco Santander Puerto Rico here. Note that most international wire transfers involve a fees. Please clarify with your financial institution about the total fees (sending bank + correspondent bank) before you initiate the transfer.
Alternatively, you can also use money transfer services like TransferWise for getting best currency conversion rates with lower wire transfer fees and with no requirement of a swift code. This method can be used only for transfers upto $30,000.
