Daiwa Capital Markets Hong Kong Limited SWIFT/BIC code

DWHKHKHH – the SWIFT/BIC code of Daiwa Capital Markets Hong Kong Limited

The 8-character code DWHKHKHH and the full code DWHKHKHHXXX refer to one and the same institution: Daiwa Capital Markets Hong Kong Limited in Hong Kong, Hong Kong SAR China. A SWIFT code shows every bank in the chain which institution is meant to get the money. In daily life you mostly come across the code on invoices from abroad, in your banking app and in the bank details of Daiwa Capital Markets Hong Kong Limited customers.

Further down you will find the practical side: money coming in from abroad, sending money abroad and how to check a SWIFT code before you confirm a payment. A SWIFT code identifies a bank or branch, not a specific account.

Scams that use SWIFT codes

Stay alert when a contact suddenly wants you to send money to another account or a bank in another country. The fact that DWHKHKHH exists is no guarantee that the account is genuine – fraudsters use real bank codes as well.

Verify changed payment details through a different channel like a call to a number from an earlier contract, not by replying to the message. Urgency or requests to keep it quiet tend to be warning signs. Acted too fast? Call your bank without delay and ask them to try to recall the payment; also report it to the police.

Scams also target the receiver. Someone claims to have sent too much and asks you to refund the extra via a different route. Wait until the money has really arrived – ask Daiwa Capital Markets Hong Kong Limited if something looks wrong.

Paying someone abroad from your Daiwa Capital Markets Hong Kong Limited account

The price of a payment abroad has several parts, and the transfer fee is only the most visible one. There is the transfer fee, possibly charges from correspondent banks in between and, above all, the exchange rate markup if the currency changes.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate with a margin built in. A simple test: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

Money transfer services often offer rates closer to the mid-market rate with clearer fees. Before your next transfer, it is worth comparing the total cost via GoldexPay instead of going straight to your bank. Using a transfer service does not mean leaving Daiwa Capital Markets Hong Kong Limited – you pay the provider from your own account.

Where our SWIFT data comes from

We gather SWIFT/BIC codes from public sources and update our list from time to time. It can happen that information here is no longer current, for example after a merger. Counts and locations are from our directory and may differ from what Daiwa Capital Markets Hong Kong Limited publishes.

Before a payment that matters, always check the BIC with Daiwa Capital Markets Hong Kong Limited or with the recipient. GoldexPay is not affiliated with Daiwa Capital Markets Hong Kong Limited. Found an error? Tell us via our contact form so we can correct it.

Transfer times and tracking a payment to Daiwa Capital Markets Hong Kong Limited

There is no single answer for every transfer: many land the same day or the next. Bank holidays in the sending or receiving country can add extra days to the journey. Compliance checks by one of the banks may also cause a delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the tracking status and the transaction reference; with that reference banks can see where the payment is. Keep the payment confirmation – you will need it for any trace request.

A missing payment is traced from the sending side. On the receiving end, it helps to check your statements for a partial amount because fees can reduce the amount.

What to give a sender who pays you at Daiwa Capital Markets Hong Kong Limited

To receive an international payment into your account at Daiwa Capital Markets Hong Kong Limited, the person paying you has to have more than the BIC. That means: your name exactly as it appears on the account, your IBAN or account number, the BIC DWHKHKHHXXX and usually your address.

The sender’s bank might also ask for the bank address of Daiwa Capital Markets Hong Kong Limited. A typo in your account number can be harder to fix than you might think.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee, Daiwa Capital Markets Hong Kong Limited may charge for incoming payments, and if the currency changes, an exchange rate margin comes on top. Make clear with the sender who covers the fees, especially for larger amounts.

Hong Kong Dollar (HKD) and conversion costs

Hong Kong SAR China uses the Hong Kong Dollar. When you pay another currency, the amount has to be converted somewhere along the way: by your bank, an intermediary or Daiwa Capital Markets Hong Kong Limited itself. Each conversion eats into the amount, even when no fee is shown.

Who does the conversion has an effect on how much arrives, since every bank sets its own rate. Often you pay less if you send HKD straight away via a provider with a good rate.

Rates for HKD move during the day – some services let you fix a rate in advance. On larger amounts, a small gap in the rate can be worth more than the fee.

Before you send: check the Daiwa Capital Markets Hong Kong Limited code

Ask the recipient to send you their account details directly from their banking app. When the code you were given differs from DWHKHKHH or DWHKHKHHXXX, do not guess.

A wrong SWIFT code can cause a delay, a returned payment or additional charges along the way. Do not forget the account number: a mistake there is more difficult to correct than a wrong code.

Most online banking apps validate the structure of IBANs – that confirms the format, not the owner. More and more banks check the payee name against the account before you confirm. Sending a small amount first can be a sensible step for a large first payment, even if it costs an extra fee.

Daiwa Capital Markets Hong Kong Limited: head office code versus branch codes

Daiwa Capital Markets Hong Kong Limited has 2 separate SWIFT/BIC codes. One of them is the head office code; the rest identify branches or departments, and sometimes internal departments.

If nobody asks you for a branch code, go with DWHKHKHHXXX. Just use a branch code when your contact gives you that exact code, for example on an invoice or in their bank details.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more likely to change than the head office code.

Why Daiwa Capital Markets Hong Kong Limited has an 8- and an 11-character code

A BIC is built from fixed blocks: characters one to four identify the bank, the next two give the country and the two after that mark the location. The result is DWHKHKHH for Daiwa Capital Markets Hong Kong Limited.

Most payment forms work with both lengths. If yours requires eleven characters, use DWHKHKHHXXX.

Enter the code as one block, in upper case and without separators, exactly as shown here. Pasting the code is safer than typing it by hand: a typo can point to another bank.