What is IBAN and SWIFT Code for Chase Bank?
The International Bank Account Number (IBAN) and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) code are essential tools for international banking transactions. These codes help in identifying banks and accounts globally, ensuring smooth and secure transfers. In this article, we will discuss what IBAN and SWIFT code are, and provide the specific details for Chase Bank.
An IBAN is a unique code that identifies a bank account across international borders. It consists of up to 34 characters, including letters and numbers, and is used primarily in countries that are part of the European Union and other countries that have adopted the IBAN standard. The IBAN helps in reducing errors in bank transfers and speeds up the process by eliminating the need for additional information such as the bank’s country code, bank code, and branch code.
A SWIFT code, on the other hand, is a unique identification code for a financial institution. It is used to facilitate international money transfers and is composed of 8 to 11 characters, including letters and numbers. The first 8 characters are known as the Bank Identifier Code (BIC), which includes the bank’s country code, bank code, and location code. The remaining characters, if any, are used for additional information.
Now, let’s discuss the IBAN and SWIFT code for Chase Bank. Chase Bank, also known as JPMorgan Chase Bank, N.A., is a major American bank with a significant global presence. The IBAN and SWIFT code for Chase Bank are as follows:
IBAN: US02CHAS000000123456789
SWIFT Code: CHASUS3N
Please note that these codes may vary depending on the country and the specific branch of Chase Bank. It is essential to verify the correct codes with Chase Bank or your financial institution before initiating any international transfers.
