Boci Securities Limited SWIFT/BIC code

BCGSHKH1 – the SWIFT/BIC code of Boci Securities Limited

The short code BCGSHKH1 and the 11-character code BCGSHKH1XXX refer to the same bank: Boci Securities Limited in Hong Kong, Hong Kong SAR China. A BIC does one job: it ensures that an international payment ends up at the right bank. It comes up mostly when dealing with transfers between countries or a currency.

This page is meant to help anyone who sends money to an account at Boci Securities Limited. A SWIFT code names a bank or branch, not a specific account.

Which of the 2 codes of Boci Securities Limited do you need?

With 2 codes, Boci Securities Limited belongs to the banks that register separate codes for branches and departments. The main code remains BCGSHKH1XXX.

In most cases there is no need to look up a branch: transfers addressed to BCGSHKH1XXX reach Boci Securities Limited without problems. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are sometimes changed or retired over time.

About this information

We collect SWIFT/BIC codes from publicly available data and update them from time to time. It is possible that a code here is out of date after a merger or reorganisation. The figures we show are based on what is in our directory.

Use this page as a reference, rather than as the last word. GoldexPay is an independent comparison site and not part of Boci Securities Limited. Found outdated information? Tell us via our contact form.

Tracking a transfer to or from Boci Securities Limited

How quickly a transfer arrives at Boci Securities Limited depends on a few things: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Bank holidays in the sending or receiving country can add a day or more to the journey. Occasionally a bank asks what the payment is for before releasing it.

When a payment takes longer than expected, ask your bank for the status or the UETR so they can trace it along the chain. Save your transfer receipt until the recipient confirms – you will need it for any trace request.

The bank that sent the money is able to start an official trace or a recall. Ask the sender for the payment receipt including the reference; that often settles the question quickly.

Paying someone abroad from your Boci Securities Limited account

When you send money to another country from Boci Securities Limited, the visible fee is rarely all of the cost. There is the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate if the currency changes.

Many banks rarely show the margin on the rate as a cost, but you pay it all the same. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of routes, a transfer service is cheaper than a traditional bank transfer. GoldexPay compares what recipients receive with different providers, which makes the cheapest option easy to spot. You can always keep your account at Boci Securities Limited as the source of the money, while a cheaper service handles the conversion.

Sending HKD to Boci Securities Limited

Accounts at Boci Securities Limited are usually held in HKD, the national currency of Hong Kong SAR China. Money sent in a different currency will be exchanged into HKD on its way to Boci Securities Limited. Every conversion eats into something.

Who converts the payment matters. Often you pay less if you send HKD directly via a provider that converts near the mid-market rate.

The rate for HKD changes constantly. On larger amounts, even small difference in the rate can be worth more than the fee.

Watch out for payment fraud

Scammers often use payment requests with changed bank details, sometimes in an email that looks completely genuine. That BCGSHKH1 is a real code is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Before paying, confirm changed bank details by phone on a number you know, not one from the message. Pressure or secrecy are warning signs; a genuine business can wait for you to check. When a payment was sent to a fraudster, call your bank right away – speed improves the chance of getting it back.

Fraud also work the other way. Someone claims to have sent more than agreed and wants you to return the extra. Wait until the money is actually in your account.

Verifying the SWIFT code of Boci Securities Limited

The most reliable place for the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given does not match BCGSHKH1 or BCGSHKH1XXX, stop and ask: check with the recipient or with Boci Securities Limited directly.

A wrong SWIFT code can cause a delay, a payment being sent back or additional charges along the way. A mistake in the IBAN or account number is more serious, because the money may be credited to someone else.

A format check in your banking app only confirms that the code exists. Where available, a name check before sending adds an extra layer of safety. For a first payment, many people send a small test amount.

What the XXX in BCGSHKH1XXX means

A SWIFT code is made up of fixed blocks: characters one to four identify the bank, characters five and six give the country and the two after that indicate the location. That gives you BCGSHKH1.

The full version adds a three-character extension that identify a branch or department. When those three characters are XXX, they simply mean the head office, which is why BCGSHKH1XXX and BCGSHKH1 lead to the same place.

Leave out spaces or dashes when you type BCGSHKH1; the code is always written in one block. Pasting the code beats retyping it, because one wrong letter changes the bank.

Incoming international payments to Boci Securities Limited

Someone abroad who wants to pay you needs several details about your account – incomplete details often cause delays. The basics are: your name, IBAN or account number, BCGSHKH1XXX and in many cases your home address.

It helps to add the bank name and its city too. Check the details before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be less than the amount sent. Correspondent banks can take a fee, and when currencies differ, a markup on the rate comes on top. For business payments, you can state how the fees are split to avoid a shortfall.