SWIFT/BIC code MAGSHKH1XXX
MAGSHKH1XXX belongs to Magusta Securities Limited in Hong Kong, Hong Kong SAR China.
Code details
| SWIFT/BIC code | MAGSHKH1XXX |
|---|---|
| 8-character code | MAGSHKH1 |
| Branch code | XXX |
| Bank | Magusta Securities Limited |
| Branch | Head office |
| City | Hong Kong |
| Country | Hong Kong SAR China |
The way the Magusta Securities Limited SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MAGS Bank code
- 4 letters that identify the bank.
- HK Country code
- 2 letters for the country (ISO 3166).
- H1 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 code MAGSHKH1XXX?
MAGSHKH1XXX is the SWIFT/BIC code of the head office of Magusta Securities Limited in Hong Kong, Hong Kong SAR China. Use it when a payment to Magusta Securities Limited does not need a specific branch.
What is the cheapest way to send money to Magusta Securities Limited?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in Hong Kong Dollar with transfer services before you send.
Does Magusta Securities Limited use a single SWIFT/BIC code?
Yes, MAGSHKH1XXX is the single SWIFT/BIC code listed for Magusta Securities Limited in Hong Kong SAR China, so you do not need to pick a branch code.
Which details do I need for a transfer to an account at Magusta Securities Limited?
You need the SWIFT/BIC code MAGSHKH1XXX, the IBAN or local account number of the recipientand the name of the account holder. Hong Kong SAR China uses international SWIFT transfers, so always include the BIC.
What does each part of MAGSHKH1XXX mean?
MAGS is the bank code of Magusta Securities Limited, HK is the ISO code of Hong Kong SAR China, H1 is the location code and XXX marks the main office.
What happens if I use MAGSHKH1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check MAGSHKH1XXX against the details from Magusta Securities Limited before you confirm.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.