SWIFT/BIC code IBDCCNS1XXX
IBDCCNS1XXX belongs to International Business Division of China National Clearing Center in Shanghai, China.
Code details
| SWIFT/BIC code | IBDCCNS1XXX |
|---|---|
| 8-character code | IBDCCNS1 |
| Branch code | XXX |
| Bank | International Business Division of China National Clearing Center |
| Branch | Head office |
| City | Shanghai |
| Country | China |
The way the International Business Division of China National Clearing Center SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IBDC 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 institution is behind BIC IBDCCNS1XXX?
The code IBDCCNS1XXX belongs to the main office of International Business Division of China National Clearing Center in Shanghai, China. It is the code to use when you send money to an account at International Business Division of China National Clearing Center.
How long does it take to send money to International Business Division of China National Clearing Center?
An international SWIFT transfer typically takes 1–5 business days, because of correspondent banks and time zones. Specialist transfer services are often quicker than a bank.
What do I need for a transfer to an account at International Business Division of China National Clearing Center?
Have ready the SWIFT/BIC code IBDCCNS1XXX, the IBAN or local account number of the recipient, their full name and address. China uses international SWIFT transfers, so always include the BIC.
What happens if I enter IBDCCNS1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check IBDCCNS1XXX against the details from International Business Division of China National Clearing Center before you confirm.
What do the letters in IBDCCNS1XXX mean?
IBDC is the bank code of International Business Division of China National Clearing Center, CN stands for China, S1 is the code for the city or region and XXX means the head office.
What is the cheapest way to send money to International Business Division of China National Clearing Center?
Banks often add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Chinese Yuan with transfer services before you send – the difference can be large.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.