Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch SWIFT/BIC code

Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch SWIFT code: ICBKBEBB

ICBKBEBB and ICBKBEBBXXX are the short and the long form of the same SWIFT/BIC code, and both lead to Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch in Brussels. A BIC has a single purpose: it makes sure that a cross-border transfer ends up at the right bank. In daily life you mostly see the code on international invoices, in payment forms and in the bank details of Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch customers.

This page is meant to help people who pays into an account at Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch and wants to get the details right. The BIC names an institution, never a specific account.

Tracking a transfer to or from Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch

How quickly a transfer arrives at Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch depends on several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Transfers sent after the cut-off time or on weekends and holidays often go out the next business day. Occasionally a bank asks what the payment is for, which can hold things up.

When a payment takes longer than expected, contact the sending bank about the status; with that reference banks can see where the payment is. Keep your transfer receipt.

If the money does not arrive after a few business days, the sender should contact the bank that sent it, not the receiving bank. Request from the sender the payment receipt including the reference; that often settles the question quickly.

Sending money abroad from Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch

An international bank payment can cost rather more than the fee suggests. There is the transfer fee, possibly charges from correspondent banks along the way and, above all, the margin on the exchange rate if the currency changes.

That exchange rate margin tends to be the largest item because it is hidden in the rate. An easy check: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

Specialised transfer providers often use a rate near the mid-market rate. Before your next transfer, take a minute comparing the total cost on GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not require closing your account at Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch: you simply pay the service from your account.

Scams that use SWIFT codes

Scammers often use fake invoices containing new bank details. The fact that ICBKBEBB exists does not mean that a request mentioning it is legitimate.

Never rely on contact details in the same message that contains the change. Be suspicious of time pressure, odd spelling or an email address that differs by one letter. When a payment was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference abroad. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

Euro (EUR) and conversion costs

The currency in Belgium is the Euro (EUR). A payment in a foreign currency will be exchanged into EUR on its way to Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch, and whoever converts it chooses the rate. Each conversion eats into something, even when no fee is shown.

Where the conversion happens affects the final amount. Transferring the amount directly in EUR usually prevents an extra conversion – as long as your own rate is good.

The rate for EUR changes constantly. For recurring payments, small differences in the rate add up over a year.

About this information

This directory is based on publicly available sources. It can happen that information here is no longer current, for example after a merger. The number of codes we show reflect our own data and not on information from Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch itself.

See our directory here as a helpful check, and let the details from the recipient or Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch have the final say. GoldexPay has no connection to Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch, we only compare transfer services. Should you notice something that is out of date, we welcome a message.

ICBKBEBB or ICBKBEBBXXX – which one to use?

The layout of a BIC is always the same: four characters for the institution, two for the country and two for the location. In this case, the 8-character core is ICBKBEBB.

XXX at the end of ICBKBEBBXXX does not stand for a placeholder or a mistake: it indicates the head office of Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch. Some banking apps insist on 11 characters, in which case you can add XXX behind ICBKBEBB.

As a rule the code is typed in capitals. Copying the code beats retyping it.

Incoming international payments to Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch

If you are waiting for a payment from another country, give the sender all details at once. That means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code ICBKBEBBXXX (or ICBKBEBB) and usually your address.

Certain sending banks want the address of Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch in Brussels. A typo in your account number is harder to fix than it looks.

What lands in your account is often lower than what was sent. Fees for incoming transfers vary from bank to bank – the price list of Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch tells you what applies. On invoices, you can agree how the fees are split.

Is ICBKBEBB still correct? How to check

Ask the recipient to send you the bank details directly from their banking app. Check it against ICBKBEBB here and ask if anything does not match.

Mistakes in the BIC are annoying rather than fatal – usually the money comes back, minus fees and time lost. Remember the account number: an error there is more difficult to correct than a wrong BIC.

Many banking apps validate the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. Some banks now check the name against the account before you confirm; take any warning seriously. When you pay someone new, many people send a small amount first.

Choosing between the 2 SWIFT codes of Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch

Our database contains 2 SWIFT/BIC codes for Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch, spread over 1 locations. Next to the head office code ICBKBEBBXXX, you will find codes for individual branches and departments.

Unless the recipient tells you otherwise, use ICBKBEBBXXX. Only use a branch code when your contact explicitly asks for it.

The best way is to copy the code straight from the account holder’s invoice. Codes for branches are more likely to be retired than the head office code when a bank merges or closes offices.

Do you need ICBKBEBB for a SEPA transfer?

Because Belgium is in the SEPA zone, a euro transfer to Industrial and Commercial Bank of China (Europe) S.a., Brussels Branch from another SEPA country usually only needs an IBAN. Most banking apps no longer ask for the BIC for these payments or fill it in for you.

For anything other than euros and from non-SEPA countries, ICBKBEBBXXX or ICBKBEBB is still part of the payment details. If a payment form asks for the BIC anyway, adding ICBKBEBB does no harm.

Instant euro transfers have become increasingly available across SEPA. Fees for SEPA payments tend to be low, as long as no currency conversion is involved.