SWIFT Code XMACUS41 — MID AMERICA COMMODITY EXCHANGE, CHICAGO,IL

About SWIFT Code XMACUS41 — MID AMERICA COMMODITY EXCHANGE, CHICAGO,IL

SWIFT code XMACUS41 is the official 8-character head-office BIC (Bank Identifier Code) for MID AMERICA COMMODITY 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 MID AMERICA COMMODITY 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 XMACUS41

The code XMACUS41 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code XMACUS41

Receiving International Wire Transfers

To receive money from abroad at your MID AMERICA COMMODITY EXCHANGE account in CHICAGO,IL, share SWIFT code XMACUS41 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 MID AMERICA COMMODITY EXCHANGE, CHICAGO,IL must provide SWIFT code XMACUS41. 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 MID AMERICA COMMODITY EXCHANGE in CHICAGO,IL rely on SWIFT code XMACUS41 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 MID AMERICA COMMODITY EXCHANGE →

For cheque clearing or NACH mandates, use the MICR code for MID AMERICA COMMODITY EXCHANGE →

For TDS challan deposits, find the BSR code for MID AMERICA COMMODITY EXCHANGE →

How SWIFT Code XMACUS41 Routes an International Transfer

1. Initiation: The sender provides SWIFT code XMACUS41 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 MID AMERICA COMMODITY EXCHANGE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MID AMERICA COMMODITY EXCHANGE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code XMACUS41

• Spaces or lowercase letters — Always enter XMACUS41 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 XMACUS41 directly with MID AMERICA COMMODITY EXCHANGE's CHICAGO,IL branch or via the SWIFT BIC Directory.