Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) SWIFT/BIC code

WZCBCNSH – the SWIFT/BIC code of Bank of Wenzhou (Formerly Wenzhou City Commercial Bank)

Whether a recipient gives you WZCBCNSH or WZCBCNSHXXX, it is the identical identifier for Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) in China. Banks worldwide use these codes to direct payments between countries to the correct bank. You will need it mostly for payments that cross a border and payments in foreign currencies.

On this page you will find what the code is put together, when you need it and what else a transfer to or from Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) requires. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number .

A note on our data

We collect SWIFT/BIC codes from publicly available data and check our list regularly. Even so, banks merge, rename themselves or change codes, so information can be out of date. The figures we show are based on what is in our directory, not official figures from Bank of Wenzhou (Formerly Wenzhou City Commercial Bank).

Before any payment that matters, always check the BIC with the recipient’s bank or with the recipient. GoldexPay has no connection to Bank of Wenzhou (Formerly Wenzhou City Commercial Bank), we only compare transfer services. Found outdated information? Let us know through the contact page so we can correct it.

Incoming international payments to Bank of Wenzhou (Formerly Wenzhou City Commercial Bank)

Someone abroad who wants to pay you will ask for a few details about your account, and missing ones are a common cause of delays. The basics are: the account holder’s name, IBAN or account number, WZCBCNSHXXX and in many cases your postal address.

Some banks want the address of Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) in Wenzhou; it does no harm to include it. A typo in your account number is more trouble than it looks, so copy the details from your online banking.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate applies. For business payments, it is common to state how the fees are split, so that nobody is left short.

How to check WZCBCNSH before you pay

Ask the recipient to send you the account details directly from their banking app. When the code you were given differs from WZCBCNSH or WZCBCNSHXXX, stop and ask: check with the recipient or with Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) directly.

An incorrect BIC may lead to delays, a payment being sent back or additional charges for investigation. Do not forget the IBAN: a mistake there can be harder to undo than a wrong code.

Many banking apps validate the format of an IBAN, but that does not prove the account belongs to the right person. More and more banks compare the name against the account – do not ignore a mismatch warning. Sending a small amount first can be worth it for large sums despite the extra fee.

What the XXX in WZCBCNSHXXX means

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, a two-letter country code and two characters for the location. Together, those parts make up WZCBCNSH – the version you usually see online.

Many banks and apps accept either length. If a form requires eleven characters, use WZCBCNSHXXX; if it wants eight, use WZCBCNSH.

Leave out spaces when you type WZCBCNSH; the code is always written in one block. A single letter can send a payment to a different institution, so copy it carefully.

Sending CNY to Bank of Wenzhou (Formerly Wenzhou City Commercial Bank)

The local currency in China is the Chinese Yuan (CNY). If you send another currency it has to be converted at some point – by your bank, by Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) or by a bank in between. Every conversion costs something – usually through the rate rather than a fee.

Who does the conversion has an effect on the final amount, since every bank sets its own rate. Often it is cheaper to send CNY directly through a transfer service with a good rate, so that the receiving bank does not need to convert again.

Exchange rates move all the time. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Tracking a transfer to or from Bank of Wenzhou (Formerly Wenzhou City Commercial Bank)

How quickly a payment reaches Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) depends on a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Payments made after the cut-off time or just before a weekend or public holiday often start a business day later. Sometimes a bank asks what the payment is for before releasing it.

When a payment takes longer than expected, ask the sending bank for the status and the transaction reference. Money transfer services often provide tracking online so you can see how far the money has got.

Only the sending bank is able to request a trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can check your account to see a slightly lower amount, since fees may have been deducted.

Head office or branch code at Bank of Wenzhou (Formerly Wenzhou City Commercial Bank)?

Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) uses 11 different SWIFT/BIC codes. Only one is the head office code, WZCBCNSHXXX; the others identify branches.

In most cases you do not need to look up a branch: payments addressed to WZCBCNSHXXX are routed within Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) without problems. Branch codes are only needed when the recipient’s bank explicitly asks for it, which is more common for business accounts and trade services.

Unsure which code applies? Check with the recipient. Branch codes can change when banks reorganise, so a code from an old document is not always valid.

Protect yourself against fake payment requests

Be alert if someone unexpectedly asks you to send money to another account. A real SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Verify changed payment details through a different channel, such as a phone number you already know, not by replying to the message. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Already paid? Call your bank without delay and have them try to recall the payment.

Scams also work the other way: someone claims to have sent too much and wants you to return the difference. A payment confirmation from the sender is no proof – check your own account.

Paying someone abroad from your Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) account

The price of an international transfer has more than one component. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and if the money changes currency the bank usually applies a rate that is less favourable than the real market rate.

That exchange rate margin tends to be the biggest cost. An easy check: set the rate you get against the mid-market rate and work out the difference on your amount.

For many routes, a transfer service is cheaper than a bank, mainly because of the exchange rate. Before your next transfer, take a minute comparing the total cost via GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not mean leaving Bank of Wenzhou (Formerly Wenzhou City Commercial Bank) – you pay the provider from your own account.