SWIFT/BIC code XSGECNC1XXX
XSGECNC1XXX belongs to Shanghai Futures Exchange in Shanghai, China.
Code details
| SWIFT/BIC code | XSGECNC1XXX |
|---|---|
| 8-character code | XSGECNC1 |
| Branch code | XXX |
| Bank | Shanghai Futures Exchange |
| Branch | Head office |
| City | Shanghai |
| Country | China |
The way the Shanghai Futures Exchange SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- XSGE Bank code
- 4 letters that identify the bank.
- CN Country code
- 2 letters for the country (ISO 3166).
- C1 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 is behind BIC XSGECNC1XXX?
XSGECNC1XXX identifies the headquarters of Shanghai Futures Exchange in Shanghai, China. It is the code to use when a payment to Shanghai Futures Exchange does not need a specific branch.
Is XSGECNC1 and XSGECNC1XXX the same code?
Yes, they are. XSGECNC1 is the 8-character version of XSGECNC1XXX. The XXX at the end only refers to the head office, so either version will reach Shanghai Futures Exchange in Shanghai.
What is the best way to send money to Shanghai Futures Exchange in China?
Banks often add several percent 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.
How long does it take to send money to Shanghai Futures Exchange?
An international SWIFT transfer typically takes 2–5 business days, depending on correspondent banks and time zones. Money transfer services are often faster and cheaper.
What happens if I use XSGECNC1XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check XSGECNC1XXX against the details from Shanghai Futures Exchange before you confirm.
What do the letters in XSGECNC1XXX mean?
XSGE is the institution code of Shanghai Futures Exchange, CN is the ISO code of China, C1 is the location code and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.