Agricultural Development Bank of China, The SWIFT/BIC code

Agricultural Development Bank of China, The SWIFT code: ADBNCNBJ

ADBNCNBJ and ADBNCNBJXXX are the short and the long form of the same bank identifier, and both point to Agricultural Development Bank of China, The in Beijing. Banks worldwide use BIC codes to direct international transfers to the correct institution. It comes up mainly when dealing with transfers between countries.

Further down we go through the practical questions: money coming in from abroad, sending money abroad and how to check the code before you hit send. The SWIFT code on its own cannot identify an individual account holder; that is what the account number or IBAN .

Protect yourself against fake payment requests

One of the most common tricks goes like this: an email arrives with a request saying that a company has new bank details and that the next payment should go there. A real SWIFT code says nothing about who owns the account.

Verify new bank details via a different channel like a call to a number from an earlier contract, not by replying to the message. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Call your bank straight away and have them start a recall; also report it to the police.

People receiving money can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference. A payment confirmation from the sender proves nothing.

Transfer times and tracking a payment to Agricultural Development Bank of China, The

How quickly a payment reaches Agricultural Development Bank of China, The depends on several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent late in the day or just before a weekend or public holiday often start the next business day. Compliance checks on larger or unusual payments can also add some delay, even when all details are correct.

If the money seems late, contact your bank for the tracking status or the UETR; with that reference banks can see where the payment is. Save your transfer receipt until the recipient confirms; it contains the details a bank needs to start a trace.

The bank that sent the money is able to start an official trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can look at your account to see a partial amount because fees can reduce the amount.

Where our SWIFT data comes from

The details here come from public sources which we refresh regularly. Even so, banks merge or change codes, so information can be out of date. Counts and locations come from our own dataset and are not confirmed by Agricultural Development Bank of China, The.

Use our data as a starting point, not as the final word: the recipient’s bank details come first. GoldexPay is a comparison service for money transfers and not affiliated with Agricultural Development Bank of China, The. Spotted an error? Tell us through the contact page so we can correct it.

Receiving money from abroad at Agricultural Development Bank of China, The

Someone abroad who wants to pay you needs several details about your account, and missing ones are a common cause of delays. That means: your full name as registered with Agricultural Development Bank of China, The, your IBAN or account number, the SWIFT/BIC code ADBNCNBJXXX (or ADBNCNBJ) and, often, your address.

The sender’s bank might also ask for the address of your bank; the head office in Beijing is usually fine. Double-check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

An incoming payment does not always arrive in full. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate comes on top. Agree with the sender who covers the fees before the money is sent.

Choosing between the 124 SWIFT codes of Agricultural Development Bank of China, The

Our directory lists 124 SWIFT/BIC codes for Agricultural Development Bank of China, The, spread over 121 locations. Next to the head office code ADBNCNBJXXX, you will find codes for regional offices and specialised units.

For the vast majority of payments to a private or business account, the head office code ADBNCNBJXXX works fine. If you have been given a branch code, stick to it instead of replacing it with the head office code.

Unsure which code applies? Ask the recipient. Codes for branches are more prone to change than the head office code.

International transfers from Agricultural Development Bank of China, The: the real cost

If you transfer money to another country via Agricultural Development Bank of China, The, the fee you see is only part of what you pay. You pay the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate if the currency changes.

Banks rarely show the margin on the rate as a cost. A simple test: put the bank’s rate against the mid-market rate and work out the difference on your amount.

For a lot of routes, a transfer service turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay compares the amount that arrives with different providers, so you can pick the cheapest route. Choosing a specialist does not require leaving Agricultural Development Bank of China, The – you pay the provider from your own account.

Before you send: check the Agricultural Development Bank of China, The code

The most reliable source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check that code with ADBNCNBJ on this page; if they differ, ask before you pay.

Errors in the SWIFT code tend to be costly rather than fatal: often the payment comes back, minus fees. Do not forget the IBAN: an error there can be harder to correct than a wrong BIC.

Most online banking apps validate the format of IBANs, but that does not prove the account belongs to the right person. More and more banks compare the name with the account before you confirm; take any warning seriously. Sending a small amount first can be a sensible step for a large first payment despite the extra fee.

The Chinese Yuan and what conversion costs you

China uses the Chinese Yuan (CNY). A payment in a foreign currency will be converted into CNY before it reaches the account. Every conversion eats into the amount.

Which bank converts the money matters: every bank has its own margin. Compare how much CNY arrives via different providers.

Rates for CNY change all the time – some services let you fix a rate in advance. For recurring payments, a slightly better rate make a real difference over a year.

ADBNCNBJ or ADBNCNBJXXX – which one to use?

Each SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. That gives you ADBNCNBJ, the short form of the code.

The full version adds a three-character extension for a branch or department. If the last three are XXX, the code points to the head office.

Leave out spaces, dots when you enter ADBNCNBJ. Pasting the code beats typing it by hand, because one wrong letter changes the bank.