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USD – U.S. Dollar

Overview

The payment processing of this currency is considered to be highly standardised.

Currency Guidelines

A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Payments in USD toward the USA

Besides the standard information, it is important to note that the IBAN format is not in use in USA.

In order to enable the correct routing of the payment in the domestic clearing, either the Fedwire code (also known as ABA code) or BIC code (branch identifier included, if provided) is mandatory.

In certain cases, the Fedwire code could be included within the domestic account number. Please ask your beneficiary to indicate separately this code and the domestic account number.

Example of a Fedwire code: 113011258

Payments in USD outside the USA

Standard information

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES
Additional information

• Available charge options: OUR/SHA/BEN

• Central bank of the United States of America: http://www.federalreserve.gov/faqs/about_12594.htm