China International Capital Corporation Hong Kong Securities Limited SWIFT/BIC code

SWIFT/BIC code of China International Capital Corporation Hong Kong Securities Limited

If an invoice shows CICRHKH1 or CICRHKH1XXX, it is the same identifier for China International Capital Corporation Hong Kong Securities Limited in Hong Kong SAR China. A SWIFT code tells every bank in the chain which institution should receive the money, much like a postcode for banks. You will need it mostly for transfers between countries or a currency.

On this page you can read what the code is put together, when you need it and which other details you need for a transfer to or from China International Capital Corporation Hong Kong Securities Limited. A SWIFT code names an institution, never a specific account; the IBAN or account number does that.

Incoming international payments to China International Capital Corporation Hong Kong Securities Limited

Someone abroad who wants to pay you needs several details about your account. That means: your name as registered with China International Capital Corporation Hong Kong Securities Limited, your account number or IBAN, the SWIFT/BIC code CICRHKH1XXX and sometimes your postal address.

Their bank might request the address of your bank. Check the details before you send them.

The amount you receive is often lower than the amount sent. Fees for incoming transfers differ from bank to bank – the price list of China International Capital Corporation Hong Kong Securities Limited tells you what applies. For business payments, you can agree who bears the costs, so that nobody is left short.

Transfer times and tracking a payment to China International Capital Corporation Hong Kong Securities Limited

How quickly a payment reaches China International Capital Corporation Hong Kong Securities Limited is determined by a few things: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Weekends and public holidays in the sending or receiving country can add a day or more to the journey. Occasionally a bank asks about the purpose of a payment.

When a payment takes longer than expected, contact the sending bank about the status and the transaction reference so they can trace it along the chain. Keep your transfer receipt; it contains the details a bank needs to start a trace.

Only the sending bank can start an official trace or a recall. As a recipient, you can check your account to see a partial amount.

Paying into China International Capital Corporation Hong Kong Securities Limited in HKD

The national currency of Hong Kong SAR China is the Hong Kong Dollar (HKD). Money sent in a different currency is converted into HKD. You rarely see a separate charge for that conversion.

Which bank converts the payment makes a difference, because each party uses its own rate. Check how much HKD arrives with several services.

Exchange rates change all the time, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over time.

Head office or branch code at China International Capital Corporation Hong Kong Securities Limited?

We have 2 SWIFT/BIC codes for China International Capital Corporation Hong Kong Securities Limited in 1 places. Besides the head office code CICRHKH1XXX, you will find codes for regional offices and specialised units.

Unless the recipient tells you otherwise, use CICRHKH1XXX or its short form CICRHKH1. If you have been given a branch code, use it as it is rather than replacing it with the head office code.

The best way is to take the code straight from the account holder’s invoice. Codes can change over time, so a code from an old document is not always valid.

What a transfer from China International Capital Corporation Hong Kong Securities Limited abroad really costs

What you pay for an international transfer is made up of more than one component, and the transfer fee is only the most visible one. There is the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

That exchange rate margin tends to be the biggest cost even though it is not listed as a fee. An easy check: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

Specialist money transfer services frequently offer a rate near the mid-market rate and lower fees. Next time you send money, it is worth comparing what arrives on GoldexPay. You can still keep your account at China International Capital Corporation Hong Kong Securities Limited to fund the transfer, while a cheaper service handles the conversion.

8 or 11 characters: CICRHKH1 versus CICRHKH1XXX

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and two characters for the location. The result is CICRHKH1, the short form of the code.

Many payment forms accept both lengths. If yours requires eleven characters, use CICRHKH1XXX, otherwise CICRHKH1 is fine.

Do not add spaces when you type CICRHKH1. Watch for the letter O and the digit 0 or I versus 1.

Where our SWIFT data comes from

We gather SWIFT/BIC codes from publicly available data and check them from time to time. Even so, banks merge, rename themselves or change codes, so information can be out of date. Counts and locations are from our own dataset and are not confirmed by China International Capital Corporation Hong Kong Securities Limited.

For a payment of any size, always check the code with China International Capital Corporation Hong Kong Securities Limited or with the recipient. GoldexPay is a comparison service and not affiliated with China International Capital Corporation Hong Kong Securities Limited. Should you notice something that is out of date, we welcome a message.

Changed bank details? Be careful

Be alert if a contact suddenly asks you to send money to a different account. The fact that CICRHKH1 exists is no guarantee that the account is genuine.

Verify new bank details through a separate channel, never via the email that asked for the change. Urgency and secrecy tend to be warning signs. Acted too fast? Call your bank straight away and ask them to try to recall the payment and report the fraud.

People receiving money are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

Verifying the SWIFT code of China International Capital Corporation Hong Kong Securities Limited

Ask the recipient to send you their bank details straight from a recent statement. When the code you were given does not match CICRHKH1 or CICRHKH1XXX, do not guess – contact the recipient or China International Capital Corporation Hong Kong Securities Limited.

Errors in the BIC are annoying rather than disastrous. Do not forget the IBAN: a mistake there can be harder to correct than a wrong code.

An automatic check in your banking app only confirms that the code is valid. Some banks now compare the name against the account. When you pay someone new, many people send a small amount first before sending the rest.