Piper Jaffray Asia Securities Limited SWIFT/BIC code

GDBDHKH1 – the SWIFT/BIC code of Piper Jaffray Asia Securities Limited

The short code GDBDHKH1 and the full code GDBDHKH1XXX identify the same bank: Piper Jaffray Asia Securities Limited, with its head office in Hong Kong. A SWIFT code tells the sending bank exactly which bank is meant to get the money, a bit like a postal address for banks. You will need it mostly when dealing with payments that cross a border and payments in foreign currencies.

We wrote this page to help people who pays into an account at Piper Jaffray Asia Securities Limited without mistakes. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number .

How to check GDBDHKH1 before you pay

The safest source for the BIC is the bank details provided by the recipient. When the code you were given differs from GDBDHKH1 or GDBDHKH1XXX, do not guess – contact the recipient or Piper Jaffray Asia Securities Limited.

With a wrong code, the payment might get stuck, be returned or end up costing more – sometimes after weeks of searching. Remember the IBAN: a mistake there can be harder to correct than a wrong code.

An automatic check by your bank only confirms that the code is valid, not that it is the right account. Some banks now check the payee name with the account before you confirm; take any warning seriously. For a first payment, some people send a small test amount before sending the rest.

Piper Jaffray Asia Securities Limited: head office code versus branch codes

Our directory lists 2 SWIFT/BIC codes for Piper Jaffray Asia Securities Limited in 1 places. Besides the head office code GDBDHKH1XXX, you will find codes for branches, departments or specific services.

In most cases there is no need to look up a branch: transfers sent to GDBDHKH1XXX are routed within Piper Jaffray Asia Securities Limited correctly. When you receive a specific code, stick to it instead of replacing it for the head office code.

When in doubt, ask the person you are paying which code their bank gave them. Codes can change over time, so a code from an old document is not always valid.

The Hong Kong Dollar and what conversion costs you

Hong Kong SAR China pays in the Hong Kong Dollar, code HKD. Money sent in a different currency will be exchanged into HKD before it reaches the account – and the bank that does it picks the rate. You rarely see a separate line for the conversion.

Who does the conversion affects how much arrives. Transferring the money directly in HKD usually prevents a second conversion by Piper Jaffray Asia Securities Limited, provided the rate you get is fair.

The rate for HKD changes constantly, so the amount you see is usually only valid for a short time. For recurring payments, small differences in the rate make a real difference over a year.

Getting paid from abroad into a Piper Jaffray Asia Securities Limited account

If you are waiting for a payment from another country, send the payer a complete set of details. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code GDBDHKH1XXX and sometimes your address.

Their bank may also ask for the address of your bank; the head office in Hong Kong is usually fine. A typo in your account number is more trouble than you might think, so copy the details from your online banking.

Do not be surprised if the incoming amount is below what the sender paid. Fees for incoming transfers vary per bank. Make clear with the sender who pays which costs.

Where our SWIFT data comes from

The details on this page are taken from publicly available data which we refresh regularly. Still, banks merge, rename themselves or retire codes. The figures on this page are based on what is in our directory and not on information from Piper Jaffray Asia Securities Limited itself.

See our directory here as a helpful check. We are a comparison site and not affiliated with Piper Jaffray Asia Securities Limited. Found an error? Tell us through the contact page and we will look into it.

Paying someone abroad from your Piper Jaffray Asia Securities Limited account

A bank transfer abroad costs rather more than the fee suggests. On top of the transfer fee, banks in between may take a cut, and if the money changes currency, the bank usually uses a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts at a rate that includes a margin. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For many routes, a transfer service is cheaper than a bank. GoldexPay lists transfer providers side by side, showing the amount the recipient gets for the same amount sent. Choosing a specialist does not mean leaving Piper Jaffray Asia Securities Limited – you pay the provider from your own account.

How long does an international transfer to Piper Jaffray Asia Securities Limited take?

How quickly a transfer arrives at Piper Jaffray Asia Securities Limited depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Weekends and public holidays in either country can add a day or more, since banks do not process on those days. Compliance checks on larger or unusual payments can also cause a delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Every payment gets a unique reference, the UETR. Keep the payment confirmation.

A missing payment is investigated by the sending bank on the basis of the transfer details. On the receiving end, you can look at your account for a partial amount because fees can reduce the amount.

Changed bank details? Be careful

Fraudsters often send payment requests with changed bank details sent from what looks like a familiar address. That GDBDHKH1 is a real code does not mean that the account is legitimate; criminals use the codes of real banks too.

Do not rely on a phone number from the same email that announces the new account. Be suspicious of time pressure, odd spelling or an email address that differs by one letter. If money has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

Scams also work the other way. Someone sends too much and asks you to return the extra. A screenshot of a transfer is no proof – check your own account.

Why Piper Jaffray Asia Securities Limited has an 8- and an 11-character code

Each 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. In this case, the 8-character core is GDBDHKH1.

XXX at the end of GDBDHKH1XXX is not a placeholder or an error: it stands for the main office of Piper Jaffray Asia Securities Limited. Certain payment forms ask for 11 characters, in which case you can enter XXX behind GDBDHKH1.

Leave out spaces or dashes when you type GDBDHKH1 or GDBDHKH1XXX. Look out for O versus 0 or I versus 1.