Wilmington Savings Fund Society Swift Code – WSFCUS33-BIC Code

Are you wondering about Wilmington Savings Fund Society Swift Code and how to get it? And this you might be searching for your wire transfer right? Hence this article is going to give you the complete idea about Wilmington Savings Fund Society Swift Code that you can use in your international or national wire transfer wherever you need it.

Wilmington Savings Fund Society Swift Code

Wilmington Savings Fund Society Swift Code

You are also given the idea about How to analyze a swift code coming in your way. Hence as you go further you can simply analyze and know which section of the article is about what.

About: Wilmington Saving Fund Society

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the longest and longest locally-managed bank and trust company, headquartered in Delaware and Greater Delaware Valley.

WSFS operates from 147 offices located in Delaware, Pennsylvania, New Jersey, Virginia and Nevada and provides comprehensive financial services including commercial banking, retail banking, cash management, and trust and money management.

Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States, which is operating continuously with this name.

The company is having its Headquarter located in Wilmington, Delaware (US) and served by Rodger Levenson as a CEO.

If you are interested and want to know about Wilmington Saving then simply you can follow www.wsfsbank.com

What is Swift Code?

Swift codes are used to identify banks and financial institutions worldwide. They are used by Swift Network to transmit wire transfers (money transactions) and messages between them. For international wire transfers, SWIFT code is always required to make the transactions safer and faster.

These codes were initially introduced by the SWIFT organization as “swift code”, but later standardized as “BIC” meaning “business identifier code” by the International Organization for Standardization (ISO). Most people think that BIC Stands for “Bank Identifier Code” (“Bank” instead of “Business”), but this is incorrect because non-financial institutions can also join SWIFT networks.

A “BIC code” can be seen with many different names, such as “swift code” (most common), “swift id”, “swift-Bic”, “swift address”, “bee” Business Entity Identifier “)), or even” ISO 9362 “, which is the standard format approved by the ISO organization. Brief Swift means Society for Worldwide Interbank Financial Telecommunication.

A Broader Analysis of Swift Code

Swift codes are broken into segments, similarly, telephone numbers are broken into sections, and each section discloses some information about the institution that this code was assigned. They contain eight or eleven characters. Whenever an eight-letter code is used, it mentions the headquarters of the institute (the main office). How an 11-character code breaks up and represents each section of characters. Let’s take this fictional 11-character SWIFT code:

AAAABBCCDDD

Which can further be broken into the following:

AAAA – BB – CC – DDD

Part 1 (first 4 letters “AAAA“): This code is used to identify the organization’s global presence (all branches and all divisions all over the world). For example, “CHAS” is used for “JPMORGAN CHASE BANK”

Part 2 (5th and 6th letter “BB“): This two-letter code represents the country of the branch of this special institution and follows the ISO 3166-1 alpha-2 standard to represent the country code. For example, “The US” for “The United States”, “GB” for “The United Kingdom”, CA for “Canada”, etc.

Part 3 (7th and 8th letter “CC“): These characters represent a location code (for example, “FF” is the code of “Frankfurt”, “KK” is the code of Copenhagen, etc.) and the second letter (8th) in BIC) sometimes gives this information:

  1. If this is equal to “0”, then it is usually a BIC assigned for testing purposes (as opposed to the BIC used on live networks).
  2. If it is equal to “1”, then it shows an inactive partner in the SWIFT network.
  3. If it is equal to “2”, then this usually refers to the “reverse billing” BIC, which means that the receiver has to pay for the message.

Part 4 (9th to 11th standard “DDD“): These last three characters form a “branch code” which refers to the special branch of the institution. If this section is omitted, then we have an 8-character SWIFT code which is considered in the context of the organization’s HEAD OFFICE. Apart from this, a specific naming convention is that in which case we are referring to the headquarters of an institute, this branch code is “XXX”.

Wilmington Savings Fund Society Swift Code

Institution: WILMINGTON SAVINGS FUND SOCIETY, FSB

Branch name:

Branch code: XXX

Address: DELAWARE AVE 500 FLOOR 11

City: WILMINGTON, DE

Postal code / Location: WILMINGTON, DE 19801

Country: UNITED STATES OF AMERICA (USA)

SWIFT code: WSFCUS33XXX

SWIFT code (8 characters):WSFCUS33

BIC Code analysis (8-letter swift code): WSFCUS33

Branch code: XXX

Institution’s 4-letter code: WSFC

Country code: US

Final Words

Hope by now you are satisfied with the information about Wilmington Savings Fund Society Swift Code and this code is going to give you an ease in wire transfer of money. You may also be asked this swift code in many purposes and this SWIFT code is also known as BIC code or even IFSC code in India.

Addition to that you have also learn about how to identify a swift code and know where that SWIFT code belongs to.

Hopefully, the information about Wilmington Savings Fund Society Swift Code has probably helped you with the information now this helps you in your wire transfer.

Leave a Reply

Your email address will not be published. Required fields are marked *