SWIFT/BIC code IBKOCNBTYTX
IBKOCNBTYTX belongs to Industrial Bank of Korea (China) Limited in Yantai, China.
Code details
| SWIFT/BIC code | IBKOCNBTYTX |
|---|---|
| 8-character code | IBKOCNBT |
| Branch code | YTX |
| Bank | Industrial Bank of Korea (China) Limited |
| Branch | Yantai Branch |
| City | Yantai |
| Country | China |
How the Industrial Bank of Korea (China) Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- IBKO Bank code
- 4 letters that identify the bank.
- CN Country code
- 2 letters for the country (ISO 3166).
- BT Location code
- 2 characters for the city or region of the head office.
- YTX 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 IBKOCNBTYTX?
IBKOCNBTYTX identifies Yantai Branch, part of Industrial Bank of Korea (China) Limited in Yantai, China. Use this branch code only when the account is held at this specific branch.
Can I use IBKOCNBT instead of IBKOCNBTYTX?
IBKOCNBT is the head office of Industrial Bank of Korea (China) Limited, while IBKOCNBTYTX is Yantai Branch. Most international transfers work with the head office code, but follow the instructions of the recipient if they mention IBKOCNBTYTX.
What is the best way to send money to Industrial Bank of Korea (China) Limited in China?
Many banks add several percent to the exchange rate on top of a fee. Compare what you receive in Chinese Yuan with specialist providers before you send – the difference can be large.
What do the letters in IBKOCNBTYTX stand for?
IBKO is the bank code of Industrial Bank of Korea (China) Limited, CN is the ISO code of China, BT is the code for the city or region and YTX identifies the department Yantai Branch.
How long does a transfer to Industrial Bank of Korea (China) Limited take?
A SWIFT payment typically takes 1–5 business days, depending on intermediary banks and cut-off times. Specialist transfer services are often quicker and cheaper.
Does Industrial Bank of Korea (China) Limited have other SWIFT/BIC codes?
Yes, we list 9 SWIFT/BIC codes for Industrial Bank of Korea (China) Limited in China. All of them are listed on the page of Industrial Bank of Korea (China) Limited.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.