Industrial Bank Co.,ltd. SWIFT/BIC code

SWIFT/BIC code of Industrial Bank Co.,ltd.

The 8-character code FJIBCNBA and the 11-character code FJIBCNBAXXX refer to one and the same institution: Industrial Bank Co.,ltd., with its head office in Fuzhou. Every bank on the SWIFT network uses BIC codes to direct international transfers to the correct bank. In daily life you mostly come across the code on invoices from abroad, in payment forms and in the bank details that Industrial Bank Co.,ltd. provides.

On this page we explain how the code means, when you need it and what else a transfer to or from Industrial Bank Co.,ltd. requires. The BIC names a bank or branch, never a specific account.

Before you send: check the Industrial Bank Co.,ltd. code

The safest source for the BIC is the bank details provided by the recipient. Check it against FJIBCNBA on this page and ask if anything does not match.

Errors in the BIC tend to be costly more than fatal: often the payment comes back, minus fees. Remember the account number: a mistake there is more difficult to undo than a wrong BIC.

A validity check by your bank only confirms that the code is valid. More and more banks compare the payee name with the account before you confirm. Sending a small amount first is worth it for large sums.

Sending money abroad from Industrial Bank Co.,ltd.

If you send money to another country through Industrial Bank Co.,ltd., the fee you see is only part of the cost. Besides a fixed fee, banks in between can deduct a fee, and if currencies are converted the bank usually uses a rate below the real market rate.

That exchange rate margin is often the largest cost. A simple test: put the rate you get next to the mid-market rate and work out the difference on your amount.

Specialist money transfer services often use a rate near the mid-market rate and lower fees. GoldexPay compares these services next to each other, showing what actually arrives for the same amount sent. You can always use your account at Industrial Bank Co.,ltd. to fund the transfer, while a cheaper service handles the conversion.

Protect yourself against fake payment requests

One of the most common tricks goes like this: you receive a request saying that a supplier has new bank details. That FJIBCNBA is a real code does not mean that a request mentioning it is legitimate.

Do not trust contact details in the same message that contains the change. Urgency or secrecy tend to be warning signs – a real supplier can wait a day. If money was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients are targeted too: a classic trick is an overpayment followed by a request to send back the difference. A payment confirmation from the sender is no proof – check your own account.

Why Industrial Bank Co.,ltd. has an 8- and an 11-character code

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, a two-letter country code and two characters for the location. The result is FJIBCNBA for Industrial Bank Co.,ltd..

Most banks and apps work with either length. If yours asks for eleven characters, enter FJIBCNBAXXX.

Enter the code in one piece, in upper case and without spaces, exactly as shown here. Watch for the letter O and the digit 0 and the letter I and the digit 1.

Which of the 48 codes of Industrial Bank Co.,ltd. do you need?

With 48 codes in 42 locations, Industrial Bank Co.,ltd. is one of the banks that register separate codes for branches and departments. The main code remains FJIBCNBAXXX.

Usually you do not need to pick a branch: transfers sent to FJIBCNBAXXX are routed within Industrial Bank Co.,ltd. without problems. A branch code only makes sense when the recipient’s bank explicitly asks for it.

Not sure which code to use? Ask the recipient or the bank itself. Codes for branches are more prone to change than FJIBCNBAXXX.

A note on our data

We collect SWIFT/BIC codes using publicly available data and update our list regularly. Even so, banks merge, rename themselves or retire codes and our data may lag behind. Counts and locations are from our own dataset and may differ from what Industrial Bank Co.,ltd. publishes.

Treat our data as a reference, not as the last word. GoldexPay has no connection to Industrial Bank Co.,ltd.. Should you notice a mistake, we appreciate a short note.

Transfer times and tracking a payment to Industrial Bank Co.,ltd.

How fast a payment arrives at Industrial Bank Co.,ltd. depends on several factors: the currency, the number of banks in between, cut-off times and time zones. Bank holidays in either country add a day or more to the journey. Compliance checks by one of the banks can also add some delay, regardless of the details.

A growing number of banks use SWIFT gpi for faster and traceable payments. Each payment gets a unique reference, the UETR. Money transfer services usually provide a status online so you can see how far the money has got.

If the money does not arrive within the expected time, the person who paid should start with the bank that sent it. Request from the sender a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Receiving money from abroad at Industrial Bank Co.,ltd.

To receive an international payment into your account at Industrial Bank Co.,ltd., the person paying you needs not just the BIC. That means: your full name as registered with Industrial Bank Co.,ltd., your IBAN or account number, the SWIFT/BIC code FJIBCNBAXXX (or FJIBCNBA) and, often, your address.

The sender’s bank might request the address of your bank; the head office in Fuzhou is usually fine. Check the details before you share them.

The amount you receive can be less than the amount sent. Fees for incoming transfers differ per bank – the price list of Industrial Bank Co.,ltd. tells you what applies. Make clear with the sender who pays which costs, especially for larger amounts.

Paying into Industrial Bank Co.,ltd. in CNY

Most accounts at Industrial Bank Co.,ltd. are usually held in CNY, the local currency. Money sent in a different currency will be converted into CNY – and the bank that does it picks the rate. You rarely see a separate line for the conversion.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. In many cases it is cheaper to send CNY straight away via a provider that converts near the mid-market rate, so that the receiving bank does not need to convert again.

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