State Street Bank and Trust Company, Hong Kong Branch SWIFT/BIC code

What SBOSHKHX means for a payment to State Street Bank and Trust Company, Hong Kong Branch

SBOSHKHX and SBOSHKHXXXX are two spellings of the same bank identifier, and both lead to State Street Bank and Trust Company, Hong Kong Branch in Hong Kong. A BIC has a single purpose: it ensures that a cross-border transfer ends up at the right bank. In practice you usually come across the code on invoices from abroad, in your banking app and in the bank details that State Street Bank and Trust Company, Hong Kong Branch provides.

On this page you will find what the code is put together, when it matters and what else you need for a transfer to or from State Street Bank and Trust Company, Hong Kong Branch. Remember that the BIC only identifies the bank, not the person: the account number or IBAN takes care of that.

SBOSHKHX or SBOSHKHXXXX – which one to use?

The layout of every SWIFT code is always the same: a bank code of four letters, two for the country and two for the location. Combined, these eight characters form SBOSHKHX, the code most people search for.

Most banks and apps accept either length. If yours asks for eleven characters, enter SBOSHKHXXXX; if it wants eight, use SBOSHKHX.

As a rule the code is written in capitals, without spaces or dashes. Pasting the code is safer than retyping it.

Before you send: check the State Street Bank and Trust Company, Hong Kong Branch code

The most reliable place for the right code remains a document from the bank itself, such as a statement or the account details in online banking. When the code you were given does not match SBOSHKHX or SBOSHKHXXXX, do not guess – contact the recipient or State Street Bank and Trust Company, Hong Kong Branch.

A wrong SWIFT code can cause delays, a returned payment or extra fees. A mistake in the IBAN or account number is a bigger problem.

An automatic check in your banking app only confirms that the IBAN is valid. If your bank offers it, a name check before sending gives an extra layer of safety. When you pay someone new, some people send a small test amount before sending the rest.

Getting paid from abroad into a State Street Bank and Trust Company, Hong Kong Branch account

If you expect a payment from another country, send the payer everything they need in one go. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC SBOSHKHXXXX and, often, your address.

Certain sending banks also ask for the address of State Street Bank and Trust Company, Hong Kong Branch in Hong Kong; it does no harm to include it. A typo in your account number is harder to fix than you might think, so copy the details from your online banking.

The amount you receive can be less than what was sent. Charges on incoming payments differ per bank. Agree with the sender who pays which costs.

Choosing between the 3 SWIFT codes of State Street Bank and Trust Company, Hong Kong Branch

Our database contains 3 SWIFT/BIC codes for State Street Bank and Trust Company, Hong Kong Branch, spread over 1 locations. Besides the head office code SBOSHKHXXXX, you will find codes for regional offices and specialised units.

For most incoming transfers, the head office code SBOSHKHXXXX works fine. When you receive a specific code, use it as it is rather than replacing it for the head office code.

The best way is to take the code directly from the recipient’s statement. Branch codes are more likely to change than SBOSHKHXXXX when a bank merges or closes offices.

A note on our data

The directory on GoldexPay is based on publicly available sources and is updated regularly. Institutions merge, change names and retire codes – a directory can be a step behind. Figures such as the number of codes come from our directory.

Use this page as a starting point, rather than as the final word. GoldexPay is not affiliated with State Street Bank and Trust Company, Hong Kong Branch, we only compare transfer services. Found outdated information? Tell us via our contact form so we can correct it.

Paying someone abroad from your State Street Bank and Trust Company, Hong Kong Branch account

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. There is the transfer fee, sometimes fees charged by intermediary banks in between and, most importantly, the exchange rate markup when the money is converted.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a bank, mainly because of the exchange rate. Before your next transfer, take a minute to compare what arrives via GoldexPay. You can always keep your account at State Street Bank and Trust Company, Hong Kong Branch as the source of the money; only the conversion and sending happen elsewhere.

When will the money arrive at State Street Bank and Trust Company, Hong Kong Branch?

How quickly a payment arrives at State Street Bank and Trust Company, Hong Kong Branch depends on a few things: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Weekends and public holidays in the sending or receiving country add extra days to the journey. Compliance checks by one of the banks can also add some delay, regardless of the details.

When a payment takes longer than expected, ask the sending bank for the tracking status so they can trace it along the chain. Specialist transfer services usually show tracking in their app showing how far the money has got.

If a payment has not arrived within the expected time, the person who paid needs to start with the bank that sent it. Request from the sender a copy of the payment confirmation – it helps your own bank look for the money.

Hong Kong Dollar (HKD) and conversion costs

Hong Kong SAR China uses the Hong Kong Dollar (HKD). A payment in a foreign currency will be converted into HKD on its way to State Street Bank and Trust Company, Hong Kong Branch – and the bank that does it picks the rate. You rarely see a separate line for the conversion; it is built into the rate.

Which bank converts the money makes a difference: every bank has its own margin. Transferring the money already in HKD often prevents a second conversion – as long as your own rate is good.

The HKD rate fluctuates constantly, so the amount you see is usually only valid for a short time. For regular payments, small differences in the rate add up over a year.

Scams that use SWIFT codes

A common scam goes like this: an email arrives with a request saying that a supplier now has new bank details. The fact that SBOSHKHX exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Do not trust contact details in the same message that contains the new account. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Call your bank without delay and have them start a recall; also report it to the police.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to send back the difference to another account. Wait until the money has really arrived.