HSBC USA SWIFT Code: MRMDUS33

The SWIFT/BIC code for HSBC Bank USA, N.A. is MRMDUS33. MRMD reflects the bank's legacy as Marine Midland Bank (acquired by HSBC in 1980), US stands for the United States, and 33 is the location code. HSBC USA's headquarters is in New York City.

HSBC USA is the US subsidiary of HSBC Holdings plc, headquartered in London. The US entity uses a completely different SWIFT code from HSBC UK (HSBCGB2L) and HSBC Hong Kong (HSBCHKHH). Using the wrong branch code will misroute your transfer.

Distinction from HSBC UK (HSBCGB2L)

A common error is sending wires to HSBCGB2L when the recipient holds an account at HSBC USA. Despite sharing the HSBC brand, HSBC USA (MRMDUS33) and HSBC UK (HSBCGB2L) are separate legal entities with distinct SWIFT codes, regulatory environments, and account numbering systems.

HSBC USA handles USD-denominated wires and serves both retail and commercial clients in the US. The bank has scaled back its US retail footprint in recent years, selling many consumer branches to Citizens Bank, but retains its commercial banking, global markets, and wealth management operations in the US.

HSBC USA Wire Transfer Fees

HSBC USA charges $30 for outgoing international wire transfers from Premier accounts and $40 from standard accounts. Incoming international wires cost $15. HSBC's Global Transfers feature allows fee-free transfers between HSBC accounts in different countries for Premier and Jade clients.

Currency conversions are processed through HSBC's FX desk. The bank supports over 60 currencies and offers preferential rates for Premier and private banking clients. Standard retail FX rates include a markup of 1% to 3% over the mid-market rate.

How Slash fits in

Slash tracks your HSBC USA wires and flags the correct SWIFT code (MRMDUS33 vs. HSBCGB2L) to prevent misrouted transfers. Every international payment is logged with FX rate details and settlement status in real time.

HSBC USA SWIFT Code: MRMDUS33