Evergrowing Bank SWIFT/BIC code

What HFBACNSD means for a payment to Evergrowing Bank

If an invoice shows HFBACNSD or HFBACNSDXXX, you are looking at the identical address for Evergrowing Bank in China. A BIC has a single purpose: it makes sure that an international payment reaches the right bank. In practice you mostly come across it on international invoices, in payment forms and on the account details of Evergrowing Bank customers.

On this page we explain what the code is put together, when you need it and which other details a transfer to or from Evergrowing Bank requires. The SWIFT code alone does not identify an individual account holder; that is what the account number or IBAN is for.

Paying into Evergrowing Bank in CNY

Accounts at Evergrowing Bank are typically held in CNY, the national currency. A payment in a foreign currency is exchanged into CNY, and whoever converts it chooses the rate. There is rarely a separate charge for that conversion.

Which bank converts the money matters: every bank has its own margin. Check how much CNY arrives via several services; the difference between options can be larger than you expect.

The CNY rate fluctuates throughout the day and quotes are often valid only for a short time. On larger amounts, a small gap in the rate adds up quickly.

Where our SWIFT data comes from

This directory is compiled from publicly available sources. Even so, banks merge, rename themselves or change codes. Figures such as the number of codes are from our own dataset and are not confirmed by Evergrowing Bank.

See the information here as a helpful check and rely on the recipient or Evergrowing Bank for the final confirmation. GoldexPay is an independent comparison site for money transfers and not affiliated with Evergrowing Bank. Found outdated information? Let us know through the contact page so we can correct it.

When will the money arrive at Evergrowing Bank?

How fast a payment reaches Evergrowing Bank depends on a few things: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Bank holidays in either country add extra days, since banks do not process on those days. Occasionally a bank asks about the purpose of a payment, which can hold things up.

If a transfer seems late, ask your bank about the status or the UETR. Specialist transfer services usually show tracking online showing where the payment is.

The bank that sent the money can start an official trace – 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.

Head office or branch code at Evergrowing Bank?

Having 32 codes, Evergrowing Bank is one of the banks that use individual codes for parts of the organisation and departments. The head office code is HFBACNSDXXX.

Usually there is no need to pick a branch: payments addressed to HFBACNSDXXX reach Evergrowing Bank without problems. Branch codes are only needed when the account holder explicitly mentions it.

The best way is to take the code straight from the account holder’s bank details. Codes for branches are more prone to change than the head office code.

Watch out for payment fraud

Scammers regularly send payment requests with new bank details. A real SWIFT code tells you nothing about who owns the account.

Always confirm a change of bank details through a phone call, using a number you already had. Urgency and secrecy tend to be red flags. If a payment has already gone to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to refund the difference to another account. A screenshot of a transfer proves nothing.

Sending money abroad from Evergrowing Bank

When you send money to another country via Evergrowing Bank, the fee you see is only part of the cost. On top of a fixed fee, banks in between can deduct a fee, and when currencies are converted, the bank usually applies a rate that is less favourable than the real market rate.

Banks rarely list the margin on the rate as a cost. Compare their rate against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

Money transfer services often offer rates closer to the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see the amount the recipient gets for the same amount sent. You can still use your account at Evergrowing Bank.

Is HFBACNSD still correct? How to check

The best place to find the right code remains a document from the bank itself like a bank statement or the account page in online banking. If the code you have does not match HFBACNSD or HFBACNSDXXX, stop and ask.

If the code is wrong, the payment might be delayed, be returned or cost extra. An error in the IBAN or account number is a bigger problem, so check that just as carefully.

An automatic check in your banking app merely tells you that the code is valid – not that it belongs to the person you mean to pay. If your bank offers it, a name check on the recipient adds an extra layer of safety. Sending a small amount first is a sensible step for a large first payment.

HFBACNSD or HFBACNSDXXX – which one to use?

Every SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. The result is HFBACNSD.

The full version adds three more characters for a branch or department. When those three characters are XXX, the code points to the head office, which is why HFBACNSDXXX and HFBACNSD lead to the same place.

Enter the code in one piece, in capitals and without spaces. A single letter may route the money to another bank, so check it twice.

Receiving money from abroad at Evergrowing Bank

A sender in another country will ask for a few details about your account. Give them your name as the bank knows it, your account number or IBAN, the BIC HFBACNSDXXX and your address.

It helps to include the bank name and its city as well. Double-check the details before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than the amount sent. Fees for incoming transfers differ per bank. Agree with the sender who pays which costs.