Table of Content
What is HSBC Bank Routing Number?
All the customers of HSBC Bank require a HSBC Bank Routing Number to make all their transactions through the bank. These routing numbers help banks to identify the financial institution which made the transaction. Routing Number plays an important part when making any transaction whether online or offline. As new payment methods (like ACH and Wire) came into being, routing number system adopted them too. This article deals with questions like how to find out HSBC Bank routing number or what is the routing number for HSBC Bank?
The table given below shows all the HSBC Bank Routing Numbers.
HSBC Bank ABA Routing Transit Numbers (RTN)
Here is the state wise list of HSBC Bank Routing Number for Checking Account and Savings Account.
S No. Region/State Postal Abbreviation Routing Number
1 New York City NYC 021001088
What is an ABA Routing Number?
An ABA Routing Number appears at the bottom of a negotiable instrument of a financial institution like checks. This number system serves the purpose of identifying a financial institution behind a transaction. This number system is widely used for ACH and wire transactions. Routing Numbers may differ depending on the region where a person has opened his account. This means one needs to be careful and use the right routing number during a transaction.
A particular ABA Routing Number is made up of 9-digits. The American Bankers Association designed the routing number system in 1910. The number system is in use ever since. The Association partners with different registrars (presently Accuity) to manage the RTN system. There are currently 26,895 active routing numbers in use. The American Bankers Association allows each bank to have a maximum of 5 routing numbers. But due to a number of mergers, several banks have more than 5 routing numbers.
What’s The HSBC Bank SWIFT Code?
When making an international wire transfer you need a bank routing identifier called a SWIFT (Society for Worldwide Interbank Financial Telecommunication) Code. All financial institutions uses SWIFT Codes to make international transactions and send other important messages between them.
The SWIFT Code for HSBC Bank is- MRMDUS33
What is a SWIFT Code?
The basic difference between the two is that SWIFT Codes are used for international transfers while routing numbers are used for domestic transactions. Unlike routing numbers, SWIFT codes are made up of 8 to 11 characters.
Currently, there are 40,000 “live” SWIFT Codes. Only the active partners connected to the network get the “live” SWIFT Codes. If a SWIFT Code has 8 characters, it is referring to the primary office. The code format is as below:
AAAA BB CC DDD
- First 4 characters- Bank Code (letter only)
- Next 2 characters- Country code (letters only)
- Next 2 characters- Location code (letters or numbers or both)
- Last 3 characters- Branch code (letters or numbers or both)
Things To Know About The HSBC Bank
The American HSBC Bank is a subsidiary of UK-Based bank with the same name. The bank has 230 branches in the United States. In 1980, The Hongkong and Shanghai Banking Corporation acquired a 51% shareholding in Marine Midland Bank of New York State. It then extended its full ownership in 1987. In 1994, Marine Midland acquired the US dollar clearing business of JPMorgan Chase. Chase Bank is currently the largest bank in the US and you also need a JPMorgan Chase Routing Number to make any monetary transactions. In 1995, Marin Midland during its acquisition period acquired The HSBC’s 6 New York City retail branches.
HSBC serves a number of banking products and services to its customers. These are categorized as follows:
- Personal Banking
- International Banking
- Investing and Retirement
- Online Banking
HSBC’s head office is located in New York and its address is-
452 Fifth Avenue, New York City, New York, USA