SWIFT/BIC code XSMECNB1XXX
XSMECNB1XXX belongs to Shenzhen Mercantile Exchange in Shenzhen, China.
Code details
| SWIFT/BIC code | XSMECNB1XXX |
|---|---|
| 8-character code | XSMECNB1 |
| Branch code | XXX |
| Bank | Shenzhen Mercantile Exchange |
| Branch | Head office |
| City | Shenzhen |
| Country | China |
The way the Shenzhen Mercantile Exchange SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- XSME Bank code
- 4 letters that identify the bank.
- CN Country code
- 2 letters for the country (ISO 3166).
- B1 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 SWIFT code XSMECNB1XXX?
The code XSMECNB1XXX belongs to the main office of Shenzhen Mercantile Exchange in Shenzhen, China. It is the code to use when you send money to an account at Shenzhen Mercantile Exchange.
What is the best way to send money to Shenzhen Mercantile Exchange?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Chinese Yuan with specialist providers before you send – the difference can be large.
Is XSMECNB1 and XSMECNB1XXX the same code?
Yes, they are. XSMECNB1 is the short version of XSMECNB1XXX. The XXX at the end only means head office, so both will reach Shenzhen Mercantile Exchange in Shenzhen.
What happens if I enter XSMECNB1XXX incorrectly?
The payment may be delayed, returned or charged extra fees. Double-check XSMECNB1XXX with the recipient before sending.
What does each part of XSMECNB1XXX stand for?
XSME is the institution code of Shenzhen Mercantile Exchange, CN is the ISO code of China, B1 is the code for the city or region and XXX marks the head office.
Which details do I need to send money to an account at Shenzhen Mercantile Exchange?
Have ready the SWIFT/BIC code XSMECNB1XXX, the account number or IBAN of the recipient, their full name and address. China is not part of SEPA, so always include the BIC.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.