Hkfe Clearing Corporation Limited SWIFT/BIC code

SWIFT/BIC code of Hkfe Clearing Corporation Limited

XHKFHKHH and XHKFHKHHXXX are the short and the long form of the same bank identifier, and both lead to Hkfe Clearing Corporation Limited in Hong Kong. Every bank on the SWIFT network uses these codes to route international transfers to the right institution. In practice you mostly see the code on international invoices, in payment forms and on the account details of Hkfe Clearing Corporation Limited customers.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to check the code before you confirm a payment. The BIC identifies an institution, never a single account, which is why you always need the account number too.

How to check XHKFHKHH before you pay

The safest source for a SWIFT code is the recipient’s own bank details. Check that code against XHKFHKHH on this page and ask if anything does not match.

Mistakes in the BIC tend to be annoying rather than disastrous. Do not forget the IBAN: an error there can be more difficult to correct than a wrong BIC.

Many banking apps check the structure of an IBAN and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. If your bank offers it, a name check on the recipient adds an extra layer of safety. When you pay someone new, many people start with a small test amount.

Sending money abroad from Hkfe Clearing Corporation Limited

What you pay for a payment abroad is made up of several parts – not just the fee on your screen. On top of the transfer fee, banks in between may take a cut, and if currencies are converted, the bank usually uses a rate below the actual market rate.

Banks rarely list the margin on the rate separately. An easy check: set the bank’s rate against the mid-market rate and work out the difference on your amount.

For many routes, a transfer service is cheaper than a bank – mostly thanks to the rate. On GoldexPay you can compare the amount that arrives across services. Choosing a specialist does not require leaving Hkfe Clearing Corporation Limited – you pay the provider from your own account.

Why Hkfe Clearing Corporation Limited has an 8- and an 11-character code

Every SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and a two-character location code. For Hkfe Clearing Corporation Limited, the 8-character core is XHKFHKHH.

Many banks and apps work with both lengths. If yours requires eleven characters, use XHKFHKHHXXX.

As a rule the code is written in capitals. Look out for the letter O and the digit 0 or I versus 1, a common source of typos.

Where our SWIFT data comes from

The details here come from publicly available data which we refresh regularly. Institutions merge, close branches and change codes – a directory can be a step behind. The number of codes on this page are based on what is in our directory and not on information from Hkfe Clearing Corporation Limited itself.

See the information on this page as a helpful check. GoldexPay is independent of Hkfe Clearing Corporation Limited, we only compare transfer services. Found outdated information? Let us know through the contact page so we can correct it.

Hkfe Clearing Corporation Limited: head office code versus branch codes

Hkfe Clearing Corporation Limited uses 2 different SWIFT/BIC codes. Only one is the head office code; the others identify branches or departments.

For the vast majority of incoming transfers, the head office code XHKFHKHHXXX is what you need. If you have been given a specific code, use it as it is instead of replacing it for the head office code.

The best way is to copy the code directly from the account holder’s invoice. Branch codes are more likely to change than XHKFHKHHXXX when a bank merges or closes offices.

Scams that use SWIFT codes

Scammers often send fake invoices containing changed bank details, sometimes in an email that looks completely genuine. That XHKFHKHH is a real code is no guarantee that the account is legitimate.

Verify changed payment details through a different channel, never via the email that asked for the change. Urgency and requests to keep it quiet are red flags – a real supplier can wait a day. Already paid? Contact the bank you paid from straight away and have them 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 abroad. A payment confirmation from the sender proves nothing.

The Hong Kong Dollar and what conversion costs you

Hong Kong SAR China pays in the Hong Kong Dollar. If you send another currency gets converted somewhere along the way. There is rarely a separate line for the conversion – the cost sits in the rate.

Who does the conversion affects the final amount. Often it is cheaper if you send HKD directly via a transfer service with a good rate.

The HKD rate changes constantly and quotes are often valid only for a short time. If you pay regularly, small differences in the rate add up over time.

Getting paid from abroad into a Hkfe Clearing Corporation Limited account

Someone abroad who wants to pay you needs a few details about your account – incomplete details often cause delays. Share the account holder’s name, your account number or IBAN, the BIC XHKFHKHHXXX and your address.

Certain sending banks also ask for the address of Hkfe Clearing Corporation Limited; it does no harm to include it. Double-check each detail before you send them, because the sender’s bank usually copies them as is.

Expect that the amount credited is below what the sender paid. Charges on incoming payments differ from bank to bank – the price list of Hkfe Clearing Corporation Limited tells you what applies. Make clear with the sender who pays which costs, especially for larger amounts.

Transfer times and tracking a payment to Hkfe Clearing Corporation Limited

How fast a transfer arrives at Hkfe Clearing Corporation Limited depends on a few things: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Bank holidays in either country add extra days, since banks do not process on those days. Extra checks by one of the banks can also add a delay.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep your transfer receipt until the recipient confirms – you will need it for any trace request.

Only the sending bank is able to request a trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, it helps to look at your account to see a slightly lower amount.