SWIFT/BIC code XCFECNS1XXX
XCFECNS1XXX belongs to China Foreign Exchange Trade System in Shanghai, China.
Code details
| SWIFT/BIC code | XCFECNS1XXX |
|---|---|
| 8-character code | XCFECNS1 |
| Branch code | XXX |
| Bank | China Foreign Exchange Trade System |
| Branch | Head office |
| City | Shanghai |
| Country | China |
The way the China Foreign Exchange Trade System SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- XCFE 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
What bank uses BIC XCFECNS1XXX?
XCFECNS1XXX is the SWIFT/BIC code of the main office of China Foreign Exchange Trade System in Shanghai, China. It is the code to use when a payment to China Foreign Exchange Trade System does not need a specific branch.
Are XCFECNS1 and XCFECNS1XXX the same code?
Yes. XCFECNS1 is the 8-character version of XCFECNS1XXX. The XXX at the end only means head office, so both will reach China Foreign Exchange Trade System in Shanghai.
What happens if I use XCFECNS1XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check XCFECNS1XXX with the recipient before you confirm.
What is the cheapest way to send money to China Foreign Exchange Trade System?
Banks often add several percent to the exchange rate on top of a fee. Check what you receive in Chinese Yuan with transfer services before you send.
Does China Foreign Exchange Trade System use a single SWIFT/BIC code?
Yes, XCFECNS1XXX is the only SWIFT/BIC code listed for China Foreign Exchange Trade System in China, so there is no branch code to choose.
What does each part of XCFECNS1XXX mean?
XCFE is the institution code of China Foreign Exchange Trade System, CN stands for China, S1 is the code for the city or region and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.