SWIFT/BIC code DAICCNS1XXX
DAICCNS1XXX belongs to Daiwa Securities LTD in Shanghai, China.
Code details
| SWIFT/BIC code | DAICCNS1XXX |
|---|---|
| 8-character code | DAICCNS1 |
| Branch code | XXX |
| Bank | Daiwa Securities LTD |
| Branch | Head office |
| City | Shanghai |
| Country | China |
How the Daiwa Securities LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DAIC Bank code
- 4 letters that identify the bank.
- CN Country code
- 2 letters for the country (ISO 3166).
- S1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT/BIC code DAICCNS1XXX?
DAICCNS1XXX identifies the headquarters of Daiwa Securities LTD in Shanghai, China. It is the code to use when a payment to Daiwa Securities LTD does not need a specific branch.
Does Daiwa Securities LTD use a single SWIFT/BIC code?
Yes, DAICCNS1XXX is the single SWIFT/BIC code we have for Daiwa Securities LTD in China, so you do not need to pick a branch code.
What does each part of DAICCNS1XXX stand for?
DAIC is the bank code of Daiwa Securities LTD, CN is the ISO code of China, S1 is the location code and XXX marks the head office.
Which details do I need to send money to an account at Daiwa Securities LTD?
Have ready the SWIFT/BIC code DAICCNS1XXX, the IBAN or local account number of the recipientand the name of the account holder. China is not part of SEPA, so always include the BIC.
How long does it take to send money to Daiwa Securities LTD in China?
An international SWIFT transfer usually takes 2–5 business days, because of intermediary banks and cut-off times. Specialist transfer services are often quicker than a bank.
What is the cheapest way to send money to Daiwa Securities LTD?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Chinese Yuan with transfer services before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.