Agricultural Bank of China, The SWIFT/BIC code

Agricultural Bank of China, The SWIFT code: ABOCCNBJ

ABOCCNBJ and ABOCCNBJXXX are two spellings of the same SWIFT/BIC code, and both lead to Agricultural Bank of China, The in Beijing. A SWIFT code tells the banks handling a payment which institution is meant to get the money. In daily life you mostly come across it on international invoices, in your banking app and in the bank details of Agricultural Bank of China, The customers.

On this page you can read what the code is put together, when you need it and which other details a transfer to or from Agricultural Bank of China, The requires. The BIC names an institution, not a specific account; the IBAN or account number does that.

Changed bank details? Be careful

A common scam works like this: you receive a request saying that a supplier has new bank details and asking you to pay there from now on. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Check new payment details via a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Urgency and secrecy tend to be red flags; a genuine business can wait for you to check. If a payment was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to send back the difference abroad. A payment confirmation from the sender proves nothing; only your own account shows what has arrived.

About this information

We collect bank codes using public sources and update our list regularly. Institutions merge, close branches and change codes. Figures such as the number of codes come from our directory.

Treat our directory on this page as a handy check, and let the details from the recipient or Agricultural Bank of China, The have the final say. We are an independent comparison site for money transfers and not part of Agricultural Bank of China, The. Found an error? Let us know via our contact form so we can correct it.

The Chinese Yuan and what conversion costs you

China uses the Chinese Yuan, code CNY. A payment in a foreign currency is converted into CNY, and whoever converts it chooses the rate. There is rarely a separate line for the conversion – the cost sits in the rate.

Who converts the money makes a difference. Check what CNY arrives with several providers; the difference between options can be larger than you expect.

Exchange rates move during the day. With bigger transfers, a small gap in the rate can be worth more than the fee.

Verifying the SWIFT code of Agricultural Bank of China, The

The best place to find the correct BIC is paperwork issued by the bank. When the code you were given differs from ABOCCNBJ or ABOCCNBJXXX, stop and ask: check with the recipient or with Agricultural Bank of China, The directly.

An incorrect BIC may lead to delays, a payment being sent back or additional charges. An error in the IBAN or account number can be more serious.

An automatic check in your banking app only confirms that the IBAN is valid – not that it belongs to the person you mean to pay. More and more banks compare the name against the account. For a first payment, many people start with a small amount first before sending the rest.

Head office or branch code at Agricultural Bank of China, The?

Agricultural Bank of China, The uses 47 separate SWIFT/BIC codes. One of them is the head office code, ABOCCNBJXXX; the rest belong to branches, and sometimes internal departments.

Usually there is no need to pick a branch: payments sent to ABOCCNBJXXX are routed within Agricultural Bank of China, The correctly. If you have been given a branch code, stick to it rather than replacing it for the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Paying someone abroad from your Agricultural Bank of China, The account

What you pay for a payment abroad is made up of more than one component. You pay the transfer fee, sometimes charges from correspondent banks along the way and, above all, the margin on the exchange rate when the money is converted.

Banks rarely list the margin on the rate as a cost, but you pay it all the same. A simple test: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For many routes, a specialist provider is cheaper than a traditional bank transfer. Next time you send money, it is worth comparing what arrives via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving Agricultural Bank of China, The – you pay the provider from your own account.

What the XXX in ABOCCNBJXXX means

The structure of every SWIFT code is always the same: four characters for the institution, two for the country and a two-character location code. In this case, the 8-character core is ABOCCNBJ.

XXX at the end of ABOCCNBJXXX does not stand for a placeholder or a mistake: it indicates the head office of Agricultural Bank of China, The. Certain payment forms insist on 11 characters, and then you can add XXX behind ABOCCNBJ.

Leave out spaces or dashes when you enter ABOCCNBJ or ABOCCNBJXXX. A wrong character can send the money to another bank, so copy it carefully.

Incoming international payments to Agricultural Bank of China, The

If you are waiting for money from abroad, give the sender a complete set of details. Share your name as the bank knows it, your account number or IBAN, SWIFT code ABOCCNBJXXX and your address.

The sender’s bank may request the address of your bank; the head office in Beijing is usually fine. Check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

Expect that the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee, and when currencies differ, a markup on the rate applies. Agree with the sender who pays which costs, especially for larger amounts.

Tracking a transfer to or from Agricultural Bank of China, The

A SWIFT payment usually needs one to a few business days. Transfers sent after the cut-off time or on weekends and holidays usually start the next business day. Extra checks by one of the banks may also cause some delay.

If the money is late, ask the sending bank for the tracking status or the UETR. Save your transfer receipt until the recipient confirms.

Only the sending bank can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.