China Asset Management Co.,ltd. SWIFT/BIC code

HXJJCNBJ – the SWIFT/BIC code of China Asset Management Co.,ltd.

The short code HXJJCNBJ and the 11-character code HXJJCNBJXXX identify one and the same institution: China Asset Management Co.,ltd. in Beijing, China. The code has a single purpose: it ensures that money from abroad reaches the right bank. It comes up mainly for transfers between countries.

Below you will find the practical side: money coming in from abroad, paying someone in another country and how to check the code before you hit send. The SWIFT code alone does not identify a personal account; that is what the IBAN or account number .

Where our SWIFT data comes from

The directory on GoldexPay draws on publicly available sources and is updated regularly. Still, banks merge or retire codes, so information can be out of date. The figures we show are based on what is in our directory.

For a payment of any size, always check the code with China Asset Management Co.,ltd. or the recipient. GoldexPay is not affiliated with China Asset Management Co.,ltd.; we are a comparison site for money transfers. Should you notice something that is out of date, we appreciate a message via the contact page.

Watch out for payment fraud

A common scam works like this: an email arrives with a message claiming that a contact has a new bank account and that the next payment should go there. A real SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Do not trust contact details from the same email that contains the change. Urgency or secrecy tend to be warning signs – a real supplier can wait a day. Acted too fast? Call the bank you paid from straight away and have them start a recall; also report it to the police.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to send back the difference. A screenshot of a transfer proves nothing.

Sending money abroad from China Asset Management Co.,ltd.

When you transfer money abroad through China Asset Management Co.,ltd., the visible fee is only part of the cost. There is the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate.

That exchange rate margin is often the largest cost even though it is not listed as a fee. An easy check: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

Specialised transfer providers often use a rate near the mid-market rate with clearer fees. Next time you send money, take a minute to compare the total cost via GoldexPay. You can still use your account at China Asset Management Co.,ltd.; only the conversion and sending happen elsewhere.

Before you send: check the China Asset Management Co.,ltd. code

Ask the recipient to send you their account details straight from their banking app. If the code you have does not match HXJJCNBJ or HXJJCNBJXXX, do not guess: check with the recipient or with China Asset Management Co.,ltd. directly.

A wrong SWIFT code can cause delays, a returned payment or additional charges along the way. An error in the IBAN or account number is a bigger problem because it can reach the wrong person, so check that just as carefully.

Most online banking apps check the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a payee name check on the recipient gives extra certainty. Sending a small amount first is worth it for a large first payment.

Getting paid from abroad into a China Asset Management Co.,ltd. account

A sender in another country will ask for several details from you. The basics are: the account holder’s name, account number or IBAN, HXJJCNBJXXX and in many cases your home address.

Certain banks want the bank’s address in Beijing. A typo in the IBAN is harder to fix than you might think, so copy the details from your online banking.

Money from abroad will not always land for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate comes on top. Agree with the sender who covers the fees, especially for larger amounts.

How long does an international transfer to China Asset Management Co.,ltd. take?

An international transfer typically needs one to a few business days – it depends on currency, route and the banks in between. Bank holidays in either country add extra days, since banks do not process on those days. Compliance checks on larger or unusual payments can also add a delay, even when all details are correct.

If a transfer is delayed, contact the sending bank about the tracking status; with that reference banks can see where the payment is. Save the payment confirmation until the recipient confirms.

If a payment has not arrived within the expected time, the person who paid should contact their own bank. On the receiving end, you can check your statements for a partial amount.

The Chinese Yuan and what conversion costs you

The local currency of China is the Chinese Yuan (CNY). Money sent in a different currency is exchanged into CNY before it reaches the account, and whoever converts it chooses the rate. Every conversion costs something – usually through the rate rather than a fee.

Which bank converts the money makes a difference: every bank has its own margin. In many cases you pay less to send CNY directly through a transfer service that converts near the mid-market rate.

The CNY rate changes throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even small difference in the rate adds up quickly.

China Asset Management Co.,ltd.: head office code versus branch codes

Having 2 codes, China Asset Management Co.,ltd. is one of the banks that use individual codes for branches and departments. The head office code is HXJJCNBJXXX.

Unless the recipient tells you otherwise, go with HXJJCNBJXXX or its short form HXJJCNBJ. When you receive a branch code, stick to it instead of swapping it for the head office code.

Unsure which code to use? Ask the recipient or the bank itself. Codes can change when banks reorganise.

Why China Asset Management Co.,ltd. has an 8- and an 11-character code

The structure of every SWIFT code is always the same: a bank code of four letters, two for the country and a two-character location code, plus an optional branch code. For China Asset Management Co.,ltd., the 8-character core is HXJJCNBJ.

XXX at the end of HXJJCNBJXXX is not a placeholder or an error: it stands for the main office of China Asset Management Co.,ltd.. Certain payment forms ask for 11 characters, and then you can add XXX behind HXJJCNBJ.

In practice the code is written in capitals and without spaces. Pasting the code beats retyping it.