SWIFT Code SAVVUS33 — SALEM FIVE CENT SAVINGS BANK, SALEM,MA

About SWIFT Code SAVVUS33 — SALEM FIVE CENT SAVINGS BANK, SALEM,MA

SWIFT code SAVVUS33 is the official 8-character head-office BIC (Bank Identifier Code) for SALEM FIVE CENT SAVINGS BANK in SALEM,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 SALEM FIVE CENT SAVINGS BANK for all outward international remittances from SALEM,MA. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SAVVUS33

The code SAVVUS33 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SAVVUS33

Receiving International Wire Transfers

To receive money from abroad at your SALEM FIVE CENT SAVINGS BANK account in SALEM,MA, share SWIFT code SAVVUS33 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 SALEM FIVE CENT SAVINGS BANK, SALEM,MA must provide SWIFT code SAVVUS33. 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 SALEM FIVE CENT SAVINGS BANK in SALEM,MA rely on SWIFT code SAVVUS33 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 SALEM FIVE CENT SAVINGS BANK →

For cheque clearing or NACH mandates, use the MICR code for SALEM FIVE CENT SAVINGS BANK →

For TDS challan deposits, find the BSR code for SALEM FIVE CENT SAVINGS BANK →

How SWIFT Code SAVVUS33 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SAVVUS33 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 SALEM FIVE CENT SAVINGS BANK.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SALEM FIVE CENT SAVINGS BANK receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SAVVUS33

• Spaces or lowercase letters — Always enter SAVVUS33 uppercase with no spaces.
• Using the wrong city — This code is for SALEM,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 SAVVUS33 directly with SALEM FIVE CENT SAVINGS BANK's SALEM,MA branch or via the SWIFT BIC Directory.