SWIFT Code PUTIUS3B — PUTNAM INVESTMENTS, ANDOVER,MA

About SWIFT Code PUTIUS3B — PUTNAM INVESTMENTS, ANDOVER,MA

SWIFT code PUTIUS3B is the official 8-character head-office BIC (Bank Identifier Code) for PUTNAM INVESTMENTS in ANDOVER,MA, 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 PUTNAM INVESTMENTS for all outward international remittances from ANDOVER,MA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PUTIUS3B

The code PUTIUS3B follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PUTIUS3B

Receiving International Wire Transfers

To receive money from abroad at your PUTNAM INVESTMENTS account in ANDOVER,MA, share SWIFT code PUTIUS3B 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 PUTNAM INVESTMENTS, ANDOVER,MA must provide SWIFT code PUTIUS3B. 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 PUTNAM INVESTMENTS in ANDOVER,MA rely on SWIFT code PUTIUS3B 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 PUTNAM INVESTMENTS →

For cheque clearing or NACH mandates, use the MICR code for PUTNAM INVESTMENTS →

For TDS challan deposits, find the BSR code for PUTNAM INVESTMENTS →

How SWIFT Code PUTIUS3B Routes an International Transfer

1. Initiation: The sender provides SWIFT code PUTIUS3B 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 PUTNAM INVESTMENTS.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PUTNAM INVESTMENTS receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PUTIUS3B

• Spaces or lowercase letters — Always enter PUTIUS3B uppercase with no spaces.
• Using the wrong city — This code is for ANDOVER,MA 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 PUTIUS3B directly with PUTNAM INVESTMENTS's ANDOVER,MA branch or via the SWIFT BIC Directory.