Credit Agricole CIB (China) Limited SWIFT/BIC code

SWIFT/BIC code of Credit Agricole CIB (China) Limited

CRLYCNSH and CRLYCNSHXXX are two spellings of the same SWIFT/BIC code, and both point to Credit Agricole CIB (China) Limited in Shanghai. A BIC has a single purpose: it makes sure that money from abroad ends up at the right bank. In practice you usually see it on invoices from abroad, in payment forms and in the bank details that Credit Agricole CIB (China) Limited provides.

This page is meant to help anyone who sends money to an account at Credit Agricole CIB (China) Limited and wants to get the details right. The SWIFT code alone cannot identify an individual account holder; for that you need the account number or IBAN .

What the XXX in CRLYCNSHXXX means

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. For Credit Agricole CIB (China) Limited, the 8-character core is CRLYCNSH.

XXX at the end of CRLYCNSHXXX is not a placeholder or a mistake: it indicates the head office of Credit Agricole CIB (China) Limited. Some banking apps insist on 11 characters, and then you simply add XXX behind CRLYCNSH.

Leave out spaces or dashes when you type CRLYCNSH. Look out for O versus 0 or the letter I and the digit 1; they are easy to mix up.

The Chinese Yuan and what conversion costs you

China pays in the Chinese Yuan. When you pay money in a different currency it has to be converted somewhere along the way – by your bank, by Credit Agricole CIB (China) Limited or by a bank in between. There is rarely a separate line for that conversion; it is built into the rate.

Who does the conversion affects the final amount. Often it is cheaper if you send CNY directly via a provider that converts near the mid-market rate.

The rate for CNY changes constantly, so the amount you see is usually only valid for a short time. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

Credit Agricole CIB (China) Limited: head office code versus branch codes

Credit Agricole CIB (China) Limited uses 2 separate SWIFT/BIC codes. One of them is the head office code, CRLYCNSHXXX; the rest belong to branches, and sometimes specific services.

For the vast majority of incoming transfers, the head office code CRLYCNSHXXX is the right choice. When you receive a branch code, use it as it is instead of swapping it with the head office code.

The best way is to take the code directly from the account holder’s bank details. Branch codes are more prone to change than CRLYCNSHXXX when a bank merges or closes offices.

Receiving money from abroad at Credit Agricole CIB (China) Limited

A sender in another country will ask for a few details from you. What they need is: the account holder’s name, account number or IBAN, CRLYCNSHXXX or CRLYCNSH and in many cases your home address.

Some banks also ask for the bank’s address in Shanghai; it does no harm to include it. A typo in the IBAN is harder to fix than it looks, so copy the details from your online banking.

Money from abroad will not always arrive for the full amount. Charges on incoming payments differ from bank to bank; check the price list of Credit Agricole CIB (China) Limited. Agree with the sender who pays which costs, especially for larger amounts.

Transfer times and tracking a payment to Credit Agricole CIB (China) Limited

An international transfer usually takes one to a few business days. Payments made after the cut-off time or on a weekend or public holiday often start the next business day. Occasionally a bank wants to know what the payment is for before releasing it.

If a transfer is delayed, contact your bank about the tracking status; with that reference banks can see where the payment is. Specialist transfer services usually provide tracking online showing where the payment has got.

A missing payment is traced from the sending side, using the payment confirmation. Request from the sender a copy of the payment confirmation including the reference.

What a transfer from Credit Agricole CIB (China) Limited abroad really costs

When you send money abroad via Credit Agricole CIB (China) Limited, the visible fee is rarely all of what you pay. Besides a fixed fee, banks in between can take a cut, and if currencies are converted, the bank often uses a rate below the real market rate.

Banks do not list their exchange rate markup separately, but you pay it all the same. A simple test: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a specialist provider is cheaper than a bank – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives with different services, which makes the cheapest option easy to spot. You can still keep your account at Credit Agricole CIB (China) Limited as the source of the money; only the conversion and sending happen elsewhere.

Changed bank details? Be careful

Fraudsters often use payment requests containing changed bank details sent from what looks like a familiar address. That CRLYCNSH is a real code does not mean that the account is genuine.

Before paying, verify changed bank details through a phone call. Pressure and secrecy are red flags. If a payment was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

Scams can also work the other way: someone claims to have sent too much and wants you to return the extra to a new account. Do not act before the money is actually in your account and check with Credit Agricole CIB (China) Limited if anything seems off.

Is CRLYCNSH still correct? How to check

The safest source for the BIC is the bank details provided by the recipient. Check that code against CRLYCNSH on this page; if they differ, ask before you pay.

An incorrect BIC can cause delays, a returned payment or extra fees along the way. An error in the account number can be more serious because it can reach the wrong person.

Many banking apps check the structure of IBANs, but that does not prove the account belongs to the right person. If your bank offers it, a payee name check on the recipient gives extra certainty. For a first payment, many people send a small amount first and wait for confirmation.

About this information

We gather SWIFT/BIC codes using public sources and update them regularly. Even so, banks merge, rename themselves or change codes, so information can be out of date. Counts and locations come from our own dataset and may differ from what Credit Agricole CIB (China) Limited publishes.

Treat the information on this page as a helpful check, and let the details from the recipient or Credit Agricole CIB (China) Limited have the final say. GoldexPay is a comparison site for money transfers and not affiliated with Credit Agricole CIB (China) Limited. Spotted an error? Tell us through the contact page and we will look into it.