SWIFT/BIC codes in Hong Kong SAR China: banks starting with O

Bank SWIFT codes for Hong Kong SAR China

This overview lists 1158 banks and financial institutions in Hong Kong SAR China and 1362 SWIFT/BIC codes between them. Each code identifies a bank or one of its branches, so a payment from abroad reaches the right place.

Each bank is listed with its own page with the head office code and if there are any, branch codes. Below the list you can read how a code from Hong Kong SAR China is put together, how to send money to Hong Kong SAR China without overpaying and what to check before you pay.

SWIFT codes in Hong Kong SAR China: banks under :letter

The letter filter narrows the list down to banks from Hong Kong SAR China that begin with :letter to make searching quicker. The totals mentioned above still cover all banks in Hong Kong SAR China.

If the bank you need does not appear under :letter, try the full list: banks are often registered under their full legal name. Use the full list for Hong Kong SAR China if you do not know how the name is spelled.

About our data and how to check a code

The best place to find the correct BIC is paperwork issued by the bank. An incorrect BIC can cause a delay, a payment being sent back or additional charges – compare it with the code in our list.

This list is based on public sources and is updated regularly. Even so, banks merge, rename themselves or retire codes and our data may lag behind. For any payment that matters, confirm the code with the recipient. We are an independent comparison site for money transfers.

Fraudsters regularly use payment requests carrying new bank details. Always verify changed details through a separate channel on a number you know.

The largest SWIFT network in Hong Kong SAR China: Hongkong and Shanghai Banking Corporation Limited, The

In our data, Hongkong and Shanghai Banking Corporation Limited, The holds the most SWIFT/BIC codes in Hong Kong SAR China. Its head office code is HSBCHKHHXXX – the code most transfers need.

Practice differs in how many codes they register. If not a branch code is given, the head office code HSBCHKHHXXX works for a payment to Hongkong and Shanghai Banking Corporation Limited, The.

The structure of a Hong Kong SAR China SWIFT/BIC code

SWIFT/BIC codes use the same format worldwide: eight characters, sometimes followed by three more. First comes a four-letter bank code, then a two-letter country code and a two-character location code.

You can recognise a code from Hong Kong SAR China from the fifth and sixth characters: they always show the ISO country code of Hong Kong SAR China. A code with a different country code belong to a bank abroad, even if the bank name looks familiar.

The long version ends in a branch code – XXX stands for the head office. Choose a branch code only if the recipient explicitly gives you one – otherwise stick with the head office.

How long does a transfer to Hong Kong SAR China take?

There is no fixed answer for payments to Hong Kong SAR China: many arrive the same day or the next, others take several business days. Payments made after the cut-off time or on weekends and holidays usually go out a business day later.

When a payment takes longer than expected, ask the sender to contact their own bank and ask for the status or the UETR – the receiving bank often cannot see a payment that has not arrived. Money transfer services usually provide tracking online so you can follow the payment.

Paying in HKD: what conversion costs you

Hong Kong SAR China uses the Hong Kong Dollar (HKD). Money sent in a different currency will be exchanged into HKD – and the bank that does it picks the rate.

Who does the conversion has an effect on the final amount, as rates and margins differ per bank. Check what HKD arrives via different providers; the difference between options can be larger than you expect. Exchange rates move during the day – some providers let you lock in a rate.

International payments to Hong Kong SAR China and the BIC

Hong Kong SAR China is outside the SEPA area, the European zone for uniform euro payments. International transfers to Hong Kong SAR China normally go through the SWIFT network, and the BIC of the receiving bank is required.

In some countries, accounts are identified by a local account number instead of an IBAN. The recipient’s bank usually has instructions for payments from abroad, and it is worth following them to the letter. International transfers can pass through one or more intermediary banks.

Bank or transfer service for Hong Kong SAR China?

The price of a transfer to Hong Kong SAR China has several parts – not only the fee you see. On top of the fee, correspondent banks can deduct a charge and, if currencies are converted, the bank often uses a less favourable rate than the real market rate.

Most of the cost usually sits in the exchange rate – the bank builds a margin into its rate. An easy check: set the offered rate against the mid-market rate and work out the difference on your amount.

Specialised transfer providers frequently use rates closer to the mid-market rate and lower fees. GoldexPay compares these providers next to each other, showing what actually arrives in Hong Kong SAR China for the same amount sent.

Receiving money in Hong Kong SAR China from abroad

When you are waiting for a payment from another country in Hong Kong SAR China, send the payer everything they need in one go. Share your name as registered with the bank, the IBAN or account number, your bank’s SWIFT code and your address, which some banks require.

Look up your bank in the list above to check its code, but take the code from your own bank details when in doubt. Certain banks also ask for the name and address of your bank; it does no harm to include it.

What lands in your account can be lower than what was sent. Intermediary banks may deduct a fee, your bank may charge for incoming payments, and when currencies differ, an exchange rate margin comes on top. On invoices, agree who bears the costs.