Merrill Lynch Far East LTD. SWIFT/BIC code

MLFEHKHH – the SWIFT/BIC code of Merrill Lynch Far East LTD.

MLFEHKHH and MLFEHKHHXXX are the short and the long form of the same bank identifier, and both lead to Merrill Lynch Far East LTD. in Hong Kong. Banks worldwide use BIC codes to direct international transfers to the correct institution. In daily life you mostly come across the code on invoices from abroad, in payment forms and on the account details of Merrill Lynch Far East LTD. customers.

This page is meant to help anyone who sends money to an account at Merrill Lynch Far East LTD. without mistakes. The SWIFT code alone does not identify a personal account; for that you need the IBAN or account number is for.

Changed bank details? Be careful

Stay alert when a contact suddenly wants you to pay into a different account. A real SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Check new bank details via a separate channel like a call to a number from an earlier contract. Pressure or requests to keep it quiet tend to be red flags – a real supplier can wait a day. Acted too fast? Contact the bank you paid from straight away and have them start a recall; also report it to the police.

Fraud also target the receiver: someone sends more than agreed and wants you to refund the extra. A payment confirmation from the sender proves nothing – check your own account.

Sending HKD to Merrill Lynch Far East LTD.

The national currency in Hong Kong SAR China is the Hong Kong Dollar (HKD). A payment in a foreign currency will be converted into HKD, and whoever converts it chooses the rate. You rarely see a separate line for the conversion; it is built into the rate.

Who converts the money matters: every bank has its own margin. In many cases you pay less if you send HKD directly through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The HKD rate fluctuates throughout the day, so the amount you see is usually only valid for a short time. On larger amounts, even seemingly small gap in the rate adds up quickly.

What the XXX in MLFEHKHHXXX means

A SWIFT code is made up of fixed blocks: the first four letters identify the bank, characters five and six show the country and the two after that mark the location. For Merrill Lynch Far East LTD., that core is MLFEHKHH.

XXX at the end of MLFEHKHHXXX does not stand for a missing value or a mistake: it stands for the head office of Merrill Lynch Far East LTD.. Some forms ask for 11 characters, in which case you simply enter XXX behind MLFEHKHH.

Leave out spaces, dots when you type MLFEHKHH. Copying the code is safer than typing it by hand, because one wrong letter changes the bank.

How up to date is this code?

The details on this page are taken from public sources which we refresh regularly. It is possible that a code on this page is no longer current. The number of codes on this page are based on our own data and not on information from Merrill Lynch Far East LTD. itself.

Treat this page as a reference, not as the last word – the bank details from the recipient are leading. GoldexPay is an independent comparison site for money transfers and not part of Merrill Lynch Far East LTD.. Found outdated information? Tell us via our contact form and we will look into it.

Incoming international payments to Merrill Lynch Far East LTD.

When you are waiting for money from abroad, give the sender a complete set of details. Give them your name as the bank knows it, the IBAN or account number, SWIFT code MLFEHKHHXXX and your address, which some banks require.

You can add Merrill Lynch Far East LTD. and its city too, since some forms ask for it. Double-check each detail before you send them.

Money from abroad does not always arrive for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and if the currency changes, an exchange rate margin comes on top. Agree with the sender who covers the fees.

Which of the 3 codes of Merrill Lynch Far East LTD. do you need?

We have 3 SWIFT/BIC codes for Merrill Lynch Far East LTD.. Next to the head office code MLFEHKHHXXX, there are codes for branches, departments or specific services.

For the vast majority of incoming transfers, the head office code MLFEHKHHXXX works fine. If you have been given a specific code, stick to it instead of replacing it for the head office code.

If you are not sure, ask the person you are paying which code their bank gave them. Codes can change when banks reorganise, so a code from an old document is not always valid.

Before you send: check the Merrill Lynch Far East LTD. code

The safest source for the BIC is the bank details provided by the recipient. Compare it against MLFEHKHH here.

Errors in the SWIFT code are annoying more than disastrous. A mistake in the IBAN or account number is more serious, because the money may be credited to someone else.

Most online banking apps validate the structure of an IBAN and sometimes look up the BIC automatically. If your bank offers it, a payee name check before sending adds an extra layer of safety. For a first payment, some people start with a small amount first before sending the rest.

Transfer times and tracking a payment to Merrill Lynch Far East LTD.

A SWIFT payment typically takes one to a few business days, depending on the currency, the route and the banks involved. Weekends and public holidays in either country add a day or more, since banks do not process on those days. Extra checks on larger or unusual payments may also add some delay, even when all details are correct.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every gpi transfer carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation; it contains the details a bank needs to start a trace.

Only the sending bank is able to request a trace; the receiving side usually has nothing to trace yet. On the receiving end, it helps to look at your account for a slightly lower amount because fees can reduce the amount.

Sending money abroad from Merrill Lynch Far East LTD.

The price of an international transfer has more than one component – not just the fee on your screen. Besides a fixed fee, banks in between may take a cut, and when the money changes currency, the bank often applies a rate that is less favourable than the real market rate.

Banks do not list their exchange rate markup as a cost. An easy check: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay lists transfer providers side by side, showing what actually arrives before you commit. Using a transfer service does not require leaving Merrill Lynch Far East LTD.: you simply pay the service from your account.