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 First State Bank of Ben Wheeler, Texas in USA, your bank will ask for the swift code of First State Bank of Ben Wheeler, Texas.
Important: Swift Codes or BICs of First State Bank of Ben Wheeler, Texas are used ONLY for International Wire Transfers. If you are doing only domestic payments then you only need routing number of First State Bank of Ben Wheeler, Texas 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 First State Bank of Ben Wheeler, Texas to initiate International wire transfer.
First State Bank of Ben Wheeler, Texas Swift Codes for International Wire Transfers
To receive International Wire Transfers to your account in First State Bank of Ben Wheeler, Texas, you need to provide the following information -
Intermediary Bank Information:
Intermediary Bank Name: TIB- The Independent Bankers Bank Intermediary Bank Address: Texas Independent Bank, 1170 Luna RD, Farmers Branch, TX 75234 Intermediary Bank Routing Number: 111010170 Intermediary Bank Swift Code: TIBBUS44
Beneficiary Bank Information:
Beneficiary Bank Name: First State Bank of Ben Wheeler, Texas Beneficiary Bank Address: 14269 Hwy 64 Ben Wheeler TX 75754 Beneficiary Bank Routing Number: 111909443
Beneficiary Information:
Account Name: Name on account receiving funds Account Number: Account receiving the funds.
Bank Swift
Full Swift Code
Bank - Branch
City
We couldn't find the Swift Code for First State Bank of Ben Wheeler, Texas. It is possible that First State Bank of Ben Wheeler, Texas 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 First State Bank of Ben Wheeler, Texas. You can find the Routing Number for First State Bank of Ben Wheeler, Texas 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.
