State Street Bank Routing Number: Institutional Banking Guide

What is the State Street Bank routing number?

State Street Bank and Trust Company uses routing number 011000028 for ACH transactions, wire transfers, and electronic payments. State Street Corporation is headquartered in Boston, Massachusetts, and is one of the largest financial holding companies in the world.

Founded in 1792, State Street is the second-oldest continually operating bank in the United States. The bank primarily provides investment servicing, investment management, and investment research to institutional investors including mutual funds, pension funds, and insurance companies.

How to find your State Street Bank routing number

State Street Bank routing number 011000028 is used for domestic ACH and wire transactions. As an institutional bank, State Street does not operate retail branches, so routing information is typically communicated through treasury portals or relationship management teams.

If you encounter the State Street routing number on a transaction, it is likely related to a fund, pension plan, or institutional account that uses State Street as its custodian or administrator.

State Street Bank wire transfers

State Street Bank processes a massive volume of wire transfers daily as part of its securities settlement and custody operations. Routing number 011000028 is used for domestic Fedwire transactions.

The bank supports international wire transfers through its global network of offices in more than 30 countries. State Street uses SWIFT messaging for cross-border payments and settlements.

State Street Bank custody and fund services

State Street is one of the Big Three custodian banks, alongside BNY Mellon and JPMorgan. The bank holds trillions of dollars in assets under custody and administration for institutional investors around the world.

State Street Global Advisors, the asset management arm, is the creator of the SPDR family of ETFs, including the SPY ETF. Many retail investors interact with State Street indirectly through these investment products.

Business banking with Slash

State Street Bank focuses on institutional custody and investment services rather than day-to-day business banking. For companies seeking accessible banking with modern tools, Slash offers dedicated business accounts with unlimited virtual cards, real-time expense tracking, and automated spend management.

Slash delivers the financial infrastructure growing businesses need, including integrated ACH and wire transfers, multi-user permissions, and seamless accounting integrations without institutional minimums.