SWIFT Code TOCCUS4C — OPTIONS CLEARING CORPORATION, THE, CHICAGO,IL

About SWIFT Code TOCCUS4C — OPTIONS CLEARING CORPORATION, THE, CHICAGO,IL

SWIFT code TOCCUS4C is the official 8-character head-office BIC (Bank Identifier Code) for OPTIONS CLEARING CORPORATION, THE 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 OPTIONS CLEARING CORPORATION, THE 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 TOCCUS4C

The code TOCCUS4C follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code TOCCUS4C

Receiving International Wire Transfers

To receive money from abroad at your OPTIONS CLEARING CORPORATION, THE account in CHICAGO,IL, share SWIFT code TOCCUS4C 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 OPTIONS CLEARING CORPORATION, THE, CHICAGO,IL must provide SWIFT code TOCCUS4C. 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 OPTIONS CLEARING CORPORATION, THE in CHICAGO,IL rely on SWIFT code TOCCUS4C 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 OPTIONS CLEARING CORPORATION, THE →

For cheque clearing or NACH mandates, use the MICR code for OPTIONS CLEARING CORPORATION, THE →

For TDS challan deposits, find the BSR code for OPTIONS CLEARING CORPORATION, THE →

How SWIFT Code TOCCUS4C Routes an International Transfer

1. Initiation: The sender provides SWIFT code TOCCUS4C 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 OPTIONS CLEARING CORPORATION, THE.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: OPTIONS CLEARING CORPORATION, THE receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code TOCCUS4C

• Spaces or lowercase letters — Always enter TOCCUS4C 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 TOCCUS4C directly with OPTIONS CLEARING CORPORATION, THE's CHICAGO,IL branch or via the SWIFT BIC Directory.