Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch SWIFT/BIC code

CHASCNSH – the SWIFT/BIC code of Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch

The short code CHASCNSH and the full code CHASCNSHXXX refer to one and the same institution: Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch in Shanghai, China. A BIC has a single purpose: it makes sure that money from abroad ends up at the right bank. In practice you mostly see it on invoices from abroad, in payment forms and on the account details of Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch customers.

Below we go through the practical questions: receiving money at Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch, paying someone in another country and how to verify a SWIFT code before you hit send. Remember that the BIC just identifies the bank, not the account: the account number or IBAN does that part.

About this information

Our SWIFT/BIC directory is based on public sources and is updated regularly. Still, banks merge or change codes. Counts and locations come from our directory and are not confirmed by Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch.

See the information on this page as a handy check. GoldexPay is not affiliated with Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch; we are a comparison site for money transfers. Should you notice something that is out of date, we appreciate a short note via the contact page.

Changed bank details? Be careful

Be alert if a contact unexpectedly asks you to pay into another account. The fact that CHASCNSH exists is no guarantee that the account is legitimate.

Do not trust a phone number from the same email that contains the new account. Watch out for urgent requests, odd spelling or a sender address that is slightly off. When money was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

People receiving money can be targeted as well: a classic trick is an overpayment and then sends a request to refund the difference abroad. Wait until the money is actually in your account and check with Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch if anything seems off.

International transfers from Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch: the real cost

An international bank payment costs rather more than the listed fee. There is the fee for the transfer itself, possibly fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate if the currency changes.

Many banks do not show the margin on the rate as a cost. An easy check: put the rate you get next to the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. Before your next transfer, take a minute to compare what arrives on GoldexPay. You can still keep your account at Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch, while a cheaper service handles the conversion.

Is CHASCNSH still correct? How to check

The safest source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Compare it against CHASCNSH on this page and ask if anything does not match.

If the code is wrong, the transfer might be delayed, bounce back or end up costing more – sometimes after weeks of searching. Remember the account number: a mistake there is more difficult to correct than a wrong code.

An automatic check in your banking app only tells you that the IBAN exists, not that it is the right account. Some banks now compare the payee name with the account. For a first payment, many people start with a small test amount.

Receiving money from abroad at Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch

To receive a transfer from abroad into your account at Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch, the person paying you has to have more than the SWIFT code. Give them the account holder’s name, your account number or IBAN, SWIFT code CHASCNSHXXX and your address.

You can include the bank name and its city too, because some payment forms have separate fields for them. Check every detail before you share them.

What lands in your account is often less than what was sent. Charges on incoming payments vary from bank to bank. Agree with the sender who pays which costs.

The Chinese Yuan and what conversion costs you

The currency of China is the Chinese Yuan (CNY). Money sent in a different currency is exchanged into CNY before it reaches the account. Each conversion costs the amount.

Who converts the payment matters. 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.

Rates for CNY change all the time. If you pay regularly, small differences in the rate add up over a year.

How long does an international transfer to Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch take?

How fast a payment reaches Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch is determined by a few things: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in the sending or receiving country add extra days to the journey. Sometimes a bank wants to know what the payment is for before releasing it.

A growing number of banks are connected to SWIFT gpi. Every payment gets a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show tracking in their app so you can see where the money has got.

A delayed transfer is investigated from the sending side. As a recipient, it helps to check your statements for a slightly lower amount because fees can reduce the amount.

Choosing between the 5 SWIFT codes of Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch

Jpmorgan Chase Bank (China) Company Limited, Shanghai Branch has 5 different SWIFT/BIC codes. Only one is the head office code; the rest identify branches, and sometimes specific services.

For the vast majority of incoming transfers, the head office code CHASCNSHXXX works fine. If you have been given a branch code, use it as it is rather than swapping it with the head office code.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to be retired than the head office code.

What the XXX in CHASCNSHXXX means

The structure of a BIC never changes: four characters for the institution, a two-letter country code and a two-character location code, plus an optional branch code. Combined, those parts form CHASCNSH.

Many payment forms accept either length. If a form requires eleven characters, use CHASCNSHXXX; if it wants eight, use CHASCNSH.

Enter the code in one piece, in upper case and without spaces. A wrong letter can send a payment to a different institution, so copy it carefully.