Mashreqbank Psc., Hong Kong Branch SWIFT/BIC code

SWIFT/BIC code of Mashreqbank Psc., Hong Kong Branch

The short code MSHQHKHH and the full code MSHQHKHHXXX identify the same bank: Mashreqbank Psc., Hong Kong Branch, with its head office in Hong Kong. A SWIFT code shows the sending bank which institution should receive the money, much like a postcode for banks. In daily life you usually come across the code on international invoices, in payment forms and in the bank details of Mashreqbank Psc., Hong Kong Branch customers.

Below we go through the practical questions: receiving money at Mashreqbank Psc., Hong Kong Branch, paying someone in another country and how to check a SWIFT code before you hit send. Remember that the BIC only identifies the bank, not the person: the account number or IBAN does that part.

Is MSHQHKHH still correct? How to check

The safest source for the BIC is the recipient’s own bank details. Check that code against MSHQHKHH here.

A wrong SWIFT code can cause delays, a returned payment or extra fees along the way. An error in the IBAN or account number can be a bigger problem.

An automatic check by your bank merely tells you that the IBAN is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check on the recipient gives an extra layer of safety. A small test payment can be a sensible step for large sums, even if it costs an extra fee.

Which of the 3 codes of Mashreqbank Psc., Hong Kong Branch do you need?

Mashreqbank Psc., Hong Kong Branch uses 3 separate SWIFT/BIC codes across 1 cities. One of them is the head office code; the others belong to branches, and sometimes specific services.

For most incoming transfers, the head office code MSHQHKHHXXX is what you need. Branch codes are only needed when the account holder specifically mentions it.

The best way is to take the code straight from the recipient’s invoice. Codes can change when banks reorganise.

Sending money abroad from Mashreqbank Psc., Hong Kong Branch

If you send money abroad from Mashreqbank Psc., Hong Kong Branch, the visible fee is only part of the cost. Besides the transfer fee, correspondent or intermediary banks may take a cut, and when currencies are converted the bank often applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate: the bank converts at a rate that includes a margin. Check the rate you are offered against the mid-market rate.

For many routes, a specialist provider turns out to be less expensive than a traditional bank transfer, mainly because of the exchange rate. Before your next transfer, take a minute comparing the total cost via GoldexPay. You can still use your account at Mashreqbank Psc., Hong Kong Branch, while a cheaper service handles the conversion.

The Hong Kong Dollar and what conversion costs you

The national currency in Hong Kong SAR China is the Hong Kong Dollar (HKD). A payment in a foreign currency is exchanged into HKD before it reaches the account – and the bank that does it picks the rate. Each conversion costs the amount, even when no fee is shown.

Who does the conversion has an effect on the final amount, as rates and margins differ per bank. Check how much HKD arrives via different providers.

The rate for HKD changes throughout the day. If you pay regularly, a slightly better rate make a real difference over a year.

How up to date is this code?

The codes on this page are taken from publicly available data that we update regularly. It is possible that information on this page is no longer current, for example after a merger. Figures such as the number of codes come from our own dataset and may differ from what Mashreqbank Psc., Hong Kong Branch publishes.

Before any payment of any size, confirm the code with Mashreqbank Psc., Hong Kong Branch or the recipient. GoldexPay is independent of Mashreqbank Psc., Hong Kong Branch; we are a comparison site for money transfers. Found outdated information? Let us know through the contact page so we can correct it.

What the XXX in MSHQHKHHXXX means

Every SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. For Mashreqbank Psc., Hong Kong Branch, that core is MSHQHKHH.

Most payment forms accept both lengths. If a form requires eleven characters, enter MSHQHKHHXXX, otherwise MSHQHKHH is fine.

Type the code as one block, in capitals and without spaces, exactly as shown here. A wrong character may route a payment to another bank.

Watch out for payment fraud

Stay wary if a contact unexpectedly asks you to pay into a different account. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always confirm a change of bank details by phone, using a number you already had. Urgency or secrecy are red flags – a real supplier can wait a day. Already paid? Contact your bank straight away and ask them to try to recall the payment; also report it to the police.

Recipients can be targeted as well: one known trick is a buyer who pays too much followed by a request to send back the difference. Do not act before the money is actually in your account – ask Mashreqbank Psc., Hong Kong Branch if something looks wrong.

Getting paid from abroad into a Mashreqbank Psc., Hong Kong Branch account

To receive an international payment at Mashreqbank Psc., Hong Kong Branch, the person paying you has to have not just the SWIFT code. The basics are: the account holder’s name, IBAN or account number, MSHQHKHHXXX or MSHQHKHH and in many cases your home address.

You can include Mashreqbank Psc., Hong Kong Branch and its city too, since some forms ask for it. A typo in the IBAN can be more trouble than you might think.

What lands in your account can be less than what was sent. Fees for incoming transfers differ per bank. On invoices, you can agree who bears the costs, so that nobody is left short.

How long does an international transfer to Mashreqbank Psc., Hong Kong Branch take?

An international transfer usually needs anywhere from one to several business days. Bank holidays in either country can add extra days. Compliance checks by one of the banks may also cause some delay, regardless of the details.

If the money is delayed, ask the sending bank about the status and the transaction reference. Save the payment confirmation; it contains the details a bank needs to start a trace.

A delayed transfer is traced from the sending side, using the payment confirmation. Ask the sender for a copy of the payment confirmation including the reference.