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 LegacyTexas Bank in USA, your bank will ask for the swift code of LegacyTexas Bank.
Important: Swift Codes or BICs of LegacyTexas Bank are used ONLY for International Wire Transfers. If you are doing only domestic payments then you only need routing number of LegacyTexas Bank 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 LegacyTexas Bank to initiate International wire transfer.
LegacyTexas Bank Swift Codes for International Wire Transfers
To receive International Wire Transfers to your account in LegacyTexas Bank, you need to provide the following instructions to the sending bank -
For USD Wires
Intermediary Bank Information
Intermediary Bank Name: Wells Fargo Bank
Intermediary Bank Address: San Francisco
Intermediary Bank Swift Code: WFBIUS6S
Beneficiary Bank Information
Beneficiary Bank Name: LegacyTexas Bank
Beneficiary Bank ABA: //FW111901234
Member Information
Beneficiary Name: LegacyTexas Bank Customer
Beneficiary Account: LegacyTexas Bank Account Number
For Further Credit: Any reference: PO, Invoice No., or Purpose of Payment
We couldn't find the Swift Code for LegacyTexas Bank. It is possible that LegacyTexas Bank 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 LegacyTexas Bank. You can find the Routing Number for LegacyTexas Bank 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.
