The Bank of East Asia (China) Limited SWIFT/BIC code

BEASCNSH – the SWIFT/BIC code of The Bank of East Asia (China) Limited

BEASCNSH and BEASCNSHXXX are two ways of writing the same SWIFT/BIC code, and both point to The Bank of East Asia (China) Limited in Shanghai. A BIC has a single purpose: it ensures that a cross-border transfer ends up at the right bank. In practice you usually come across the code on international invoices, in your banking app and on the account details that The Bank of East Asia (China) Limited provides.

This page is meant to help anyone who pays into an account at The Bank of East Asia (China) Limited and wants to get the details right. The SWIFT code alone does not identify an individual account holder; for that you need the account number or IBAN .

When will the money arrive at The Bank of East Asia (China) Limited?

How quickly a payment reaches The Bank of East Asia (China) Limited depends on several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Bank holidays in the sending or receiving country add extra days to the journey. Extra checks by one of the banks can also add a delay, even when all details are correct.

Many banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation until the money has arrived – you will need it for any trace request.

The bank that sent the money can request a trace. Ask the sender for the payment receipt including the reference – it helps your own bank look for the money.

Sending money abroad from The Bank of East Asia (China) Limited

A bank transfer abroad can cost more than the fee suggests. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate if the currency changes.

The markup on the rate tends to be the largest item, and it is easy to miss. A simple test: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Money transfer services often use rates closer to the mid-market rate and lower fees. GoldexPay lists transfer providers next to each other so you can see what actually arrives before you commit. Using a transfer service does not require leaving The Bank of East Asia (China) Limited – you pay the provider from your own account.

Choosing between the 35 SWIFT codes of The Bank of East Asia (China) Limited

Our database contains 35 SWIFT/BIC codes for The Bank of East Asia (China) Limited. Next to the head office code BEASCNSHXXX, you will find codes for regional offices and specialised units.

Unless the recipient tells you otherwise, use BEASCNSHXXX or its short form BEASCNSH. Only use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

The safest approach is to copy the code straight from the account holder’s bank details. Branch codes are more prone to change than BEASCNSHXXX.

Protect yourself against fake payment requests

Stay wary when someone unexpectedly wants you to send money to a different account or a bank in another country. A valid SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Verify changed payment details via a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Be suspicious of urgent requests, unusual wording or an email address that differs by one letter. When a payment was sent to the wrong account, contact your bank immediately: the sooner they act, the better the chance of a recall.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to refund the difference to another account. Wait until the money is actually in your account.

A note on our data

The directory on GoldexPay draws on publicly available sources and we update it periodically. Even so, banks merge or change codes. The number of codes we show reflect what is in our directory, not official figures from The Bank of East Asia (China) Limited.

For any payment that matters, always check the BIC with the recipient’s bank or the recipient. GoldexPay is independent of The Bank of East Asia (China) Limited. Found outdated information? Tell us via our contact form so we can correct it.

What the XXX in BEASCNSHXXX means

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. Combined, those parts form BEASCNSH.

XXX at the end of BEASCNSHXXX does not stand for a placeholder or an error: it indicates the head office of The Bank of East Asia (China) Limited. Some forms insist on 11 characters, and then you can add XXX behind BEASCNSH.

Do not add spaces, dots when you type BEASCNSH; the code is always written in one block. Pasting the code is safer than typing it by hand.

Incoming international payments to The Bank of East Asia (China) Limited

For an international payment into your account at The Bank of East Asia (China) Limited, the sender has to have not just the BIC. Share the account holder’s name, the IBAN or account number, SWIFT code BEASCNSHXXX and your address, which some banks require.

Some sending banks also ask for the name and address of The Bank of East Asia (China) Limited. A mistake in your account number is harder to fix than it looks.

Expect that the incoming amount is below the amount on the sender’s receipt. Correspondent banks can take a fee, and if the money is converted, an exchange rate margin applies. Agree with the sender who pays which costs.

Is BEASCNSH still correct? How to check

Have the recipient copy their account details directly from their banking app. When the code you were given differs from BEASCNSH or BEASCNSHXXX, do not guess: check with the recipient or with The Bank of East Asia (China) Limited directly.

If the code is wrong, the transfer may get stuck, bounce back or cost extra – sometimes after weeks of searching. A mistake in the account number can be more serious.

A format check in your banking app merely confirms that the IBAN exists, not that it is the right account. If your bank offers it, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first is a sensible step for a large first payment, even if it costs an extra fee.

Sending CNY to The Bank of East Asia (China) Limited

China uses the Chinese Yuan (CNY). If you send another currency gets converted at some point. Every conversion eats into something.

Who does the conversion has an effect on the final amount. Compare what CNY the recipient gets with different services before choosing one.

The CNY rate changes throughout the day and quotes are often valid only for a short time. For recurring payments, a slightly better rate make a real difference over a year.