Citicorp International LTD SWIFT/BIC code

SWIFT/BIC code of Citicorp International LTD

Whether a recipient gives you CITIHKHC or CITIHKHCXXX, you are looking at the same identifier for Citicorp International LTD in Hong Kong SAR China. The code has a single purpose: it ensures that a cross-border transfer ends up at the right bank. You will need it mostly when dealing with transfers between countries or a currency.

We wrote this page to help anyone who pays into an account at Citicorp International LTD. Remember that the SWIFT code just identifies the bank, not the account: the IBAN or account number does that part.

How to check CITIHKHC before you pay

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. Compare it with CITIHKHC on this page.

With a wrong code, the payment might get stuck, be returned or end up costing more – sometimes after weeks of searching. Do not forget the IBAN: an error there can be harder to correct than a wrong code.

Many banking apps check the format of an IBAN, but that does not prove the account belongs to the right person. Where available, a payee name check on the recipient adds an extra layer of safety. For a first payment, many people start with a small amount first and wait for confirmation.

Hong Kong Dollar (HKD) and conversion costs

Hong Kong SAR China uses the Hong Kong Dollar, code HKD. If you send money in a different currency it has to be converted somewhere along the way: by your bank, an intermediary or Citicorp International LTD itself. There is rarely a separate charge for the conversion – the cost sits in the rate.

Who does the conversion affects the final amount, as rates and margins differ per bank. Check how much HKD the recipient gets with different services; the difference between options can be larger than you expect.

Rates for HKD move all the time, and some providers let you lock in a rate. For regular payments, a slightly better rate add up over time.

Head office or branch code at Citicorp International LTD?

We have 2 SWIFT/BIC codes for Citicorp International LTD, spread over 1 locations. Besides the head office code CITIHKHCXXX, you will find codes for branches, departments or specific services.

For the vast majority of payments to a private or business account, the head office code CITIHKHCXXX is what you need. Only use a branch code when the account holder explicitly asks for it.

The best way is to take the code straight from the recipient’s invoice. Branch codes are sometimes changed or retired over time.

Incoming international payments to Citicorp International LTD

If you are waiting for money from abroad, give the sender a complete set of details. What they need is: the account holder’s name, account number or IBAN, CITIHKHCXXX and, for some countries, your home address.

Their bank might also ask for the address of your bank, in which case the Hong Kong head office is the usual answer. Check every detail before you send them.

The amount you receive is often lower than the amount sent. Charges on incoming payments differ per bank. Agree with the sender who covers the fees, especially for larger amounts.

How up to date is this code?

We collect SWIFT/BIC codes using public sources and check them from time to time. It is possible that information on this page is no longer current. The number of codes on this page are based on our own data, not official figures from Citicorp International LTD.

Before any payment of any size, confirm the BIC with Citicorp International LTD or the recipient. We are a comparison site for money transfers and not part of Citicorp International LTD. Spotted outdated information? Tell us through the contact page and we will look into it.

Scams that use SWIFT codes

Stay alert if someone suddenly asks you to pay into another account. That CITIHKHC is a real code does not mean that the account is legitimate.

Do not trust contact details in the same message that announces the new account. Urgency or requests to keep it quiet are warning signs – a real supplier can wait a day. Acted too fast? Call the bank you paid from straight away and ask them to start a recall; also report it to the police.

Scams also work the other way. Someone sends too much and asks you to refund the difference to a new account. Wait until the money has really arrived and check with Citicorp International LTD if anything seems off.

What the XXX in CITIHKHCXXX means

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. In this case, the 8-character core is CITIHKHC.

The 11-character version has three more characters for a branch or department. When those three characters are XXX, the code points to the head office, so CITIHKHCXXX and CITIHKHC are interchangeable.

As a rule the code is written in capitals and without spaces. Pasting the code beats typing it by hand, because one wrong letter changes the bank.

Paying someone abroad from your Citicorp International LTD account

A bank transfer abroad can cost more than the fee suggests. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup.

The markup on the rate is often the largest item. Compare their rate with the mid-market rate. The difference is your real conversion cost.

For many currency pairs, a specialist provider is less expensive than a bank, mainly because of the exchange rate. On GoldexPay you can compare what recipients receive across services, so you can pick the cheapest route. You can still use your account at Citicorp International LTD as the source of the money.

Transfer times and tracking a payment to Citicorp International LTD

An international transfer typically takes one to a few business days, depending on the currency, the route and the banks involved. Payments made after the cut-off time or just before weekends and holidays often go out the next business day. Occasionally a bank wants to know what the payment is for.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services often provide tracking in their app so you can see how far the money has got.

The bank that sent the money can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for the payment receipt including the reference – it helps your own bank look for the money.