SWIFT Code XCBOUS41 — CHICAGO BOARD OPTIONS EXCHANGE, CHICAGO,IL

About SWIFT Code XCBOUS41 — CHICAGO BOARD OPTIONS EXCHANGE, CHICAGO,IL

SWIFT code XCBOUS41 is the official 8-character head-office BIC (Bank Identifier Code) for CHICAGO BOARD OPTIONS EXCHANGE in CHICAGO,IL, United States. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by CHICAGO BOARD OPTIONS EXCHANGE for all outward international remittances from CHICAGO,IL. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code XCBOUS41

The code XCBOUS41 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code XCBOUS41

Receiving International Wire Transfers

To receive money from abroad at your CHICAGO BOARD OPTIONS EXCHANGE account in CHICAGO,IL, share SWIFT code XCBOUS41 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at CHICAGO BOARD OPTIONS EXCHANGE, CHICAGO,IL must provide SWIFT code XCBOUS41. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using CHICAGO BOARD OPTIONS EXCHANGE in CHICAGO,IL rely on SWIFT code XCBOUS41 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for CHICAGO BOARD OPTIONS EXCHANGE →

For cheque clearing or NACH mandates, use the MICR code for CHICAGO BOARD OPTIONS EXCHANGE →

For TDS challan deposits, find the BSR code for CHICAGO BOARD OPTIONS EXCHANGE →

How SWIFT Code XCBOUS41 Routes an International Transfer

1. Initiation: The sender provides SWIFT code XCBOUS41 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to CHICAGO BOARD OPTIONS EXCHANGE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CHICAGO BOARD OPTIONS EXCHANGE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code XCBOUS41

• Spaces or lowercase letters — Always enter XCBOUS41 uppercase with no spaces.
• Using the wrong city — This code is for CHICAGO,IL only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within United States.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm XCBOUS41 directly with CHICAGO BOARD OPTIONS EXCHANGE's CHICAGO,IL branch or via the SWIFT BIC Directory.