FEDERAL RESERVE BANK OF NEW YORK, FOREIGN EXCHANGE TRANSACTIONS 33 LIBERTY STREET, NEW YORK,NY, United States
| BIC Name / Bank name / Institution Name | FEDERAL RESERVE BANK OF NEW YORK |
| Bank Code / Institution Code | FRNY |
| Country | UNITED STATES |
| Country Code (ISO 3166) | US |
| City | NEW YORK,NY |
| City Code | 33 The City Code are Institution Specific, different BIC has allotted different City Code for same city. |
| Office Type | FOREIGN EXCHANGE TRANSACTIONS |
| Branch Code | FX1 |
| Swift Code / BIC Code |
FRNYUS33FX1
|
| Address | 33 LIBERTY STREET |
| Zip Code / Postal Code | 10045 |
| Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active | |
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| Whether Financial Institution IBAN Compliant | No, FEDERAL RESERVE BANK OF NEW YORK is not IBAN Compliant. |
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What is a SWIFT Code / BIC code?
Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.
SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:
- First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of FEDERAL RESERVE BANK OF NEW YORK the first four characters from left FRNY indicates that it is FEDERAL RESERVE BANK OF NEW YORK.
- Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of FEDERAL RESERVE BANK OF NEW YORK characters 5 and 6 from left US indicates that bank is in UNITED STATES. It means that all the banks located in UNITED STATES will have US at 5th and 6th place from left in their Swift Codes / BIC Codes.
- Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of FEDERAL RESERVE BANK OF NEW YORK characters 7 and 8 from left 33 indicates that bank is in NEW YORK,NY. It means that all the branches of FEDERAL RESERVE BANK OF NEW YORK located in NEW YORK,NY will have 33 at 7th and 8th place from left in their Swift Codes / BIC Codes.
- Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of FEDERAL RESERVE BANK OF NEW YORK characters 9 - 11 from left FX1 indicates branch code. It means that FEDERAL RESERVE BANK OF NEW YORK Branch code: FX1 is used for branches located at :33 LIBERTY STREET. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
- Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.