ICBC Bank Swift Code Information and Guide

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ICBC Bank is one of the largest banks in China, with a long history dating back to 1954.

The bank's headquarters is located in Beijing, China, and it has a significant presence in the country's financial sector.

ICBC Bank offers a wide range of financial services, including personal and corporate banking, investment banking, and asset management.

Its global network spans over 40 countries, with a large number of branches and subsidiaries worldwide.

ICBC Bank Swift Code

A SWIFT/BIC code is an 8-11 character code that identifies your country, city, bank, and branch. It's usually made up of a combination of letters and numbers.

The code is divided into four parts: bank code, country code, location code, and branch code. The bank code is a shortened version of the bank's name, usually 4 letters long.

The country code is a 2-letter code that represents the country where the bank is located. This helps ensure that the correct bank is being referenced.

Here's a breakdown of the ICBC Bank Swift Code format:

About ICBC Codes

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ICBC codes are used for international transactions, and each code is unique to a specific bank branch.

ICBC codes are usually 8-11 digits long and are formatted in a specific way.

The first four digits of an ICBC code represent the bank's identifier.

ICBC codes are used for international transactions, such as wire transfers and foreign exchange.

ICBC Bank Swift Code is a specific type of ICBC code used for international transactions.

Swift Codes are used to identify banks and financial institutions globally.

ICBC Details

ICBC's SWIFT code is used for international money transfers and is made up of 8-11 characters.

The SWIFT/BIC code is an 8-11 character code that identifies ICBC's country, city, bank, and branch.

ICBC's SWIFT code is used to identify the bank, country, location, and branch.

A SWIFT/BIC code is made up of the following components:

  • Bank code: A-Z 4 letters representing the bank, usually a shortened version of the bank's name.
  • Country code: A-Z 2 letters representing the country the bank is in.
  • Location code: 0-9 A-Z 2 characters made up of letters or numbers, indicating where the bank's head office is.
  • Branch Code: 0-9 A-Z 3 digits specifying a particular branch, 'XXX' represents the bank's head office.

SWIFT Code Information

To ensure a smooth money transfer, it's essential to validate your SWIFT code before sending money.

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You can check your SWIFT code to confirm it's valid.

Double-checking the SWIFT code with the recipient is crucial, as financial institutions may have multiple codes that differ by just a few letters or numbers.

Always verify that you have the right SWIFT code to avoid any issues with the transfer.

ICBC Asia Alternative Codes

ICBC Asia has multiple SWIFT codes, each representing a different branch. Always double-check with the recipient before sending money to ensure you have the correct code.

One financial institution may have several SWIFT codes that differ by just a few letters or numbers. This is why it's essential to verify the code with the recipient.

INDUSTRIAL AND COMMERCIAL BANK OF CHINA (ASIA) LIMITED has multiple SWIFT codes, just like ICBC Asia. This is because each branch has its own unique code.

A SWIFT/BIC code is made up of 8-11 characters that identify the country, city, bank, and branch. It's essential to get this code right to avoid any issues with international transactions.

Here's a breakdown of the components of a SWIFT/BIC code:

  • Bank code: A-Z, 4 letters representing the bank
  • Country code: A-Z, 2 letters representing the country the bank is in
  • Location code: 0-9, A-Z, 2 characters made up of letters or numbers
  • Branch Code: 0-9, A-Z, 3 digits specifying a particular branch

Understanding Swift Codes

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You need to validate your SWIFT code before a money transfer. Check your SWIFT code is valid before a money transfer.

A valid SWIFT code is crucial for a smooth transaction. It ensures that your money reaches the intended recipient.

To validate your SWIFT code, you need to check it carefully. Make sure it's correct before proceeding with the transfer.

A SWIFT code is used to identify a bank and its location. It's a unique code that helps facilitate international money transfers.

You can find your SWIFT code on your bank's website or by contacting your bank directly.

Frequently Asked Questions

Is the SWIFT code same for all branches?

The SWIFT code may be the same or different for all branches, depending on the bank's policy. Check the bank's head office SWIFT code as a safe default option.

What is the bank code for ICBC?

The bank code for ICBC is 072. This code is used for transactions and identification purposes.

What is the SWIFT code of ICBC Lao?

The SWIFT code for ICBC Lao is ICBKLALA. This code is used for inward remittances to ICBC Vientiane.

Allison Emmerich

Senior Writer

Allison Emmerich is a seasoned writer with a keen interest in technology and its impact on daily life. Her work often explores the latest trends in digital payments and financial services, with a particular focus on mobile payment ATMs. Based in a bustling urban center, Allison combines her technical knowledge with a knack for clear, engaging prose to bring complex topics to a broader audience.

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