The HSBC Institutional Trust Services (Asia) LTD. SWIFT/BIC code

SWIFT/BIC code of The HSBC Institutional Trust Services (Asia) LTD.

Whether a recipient gives you BTFEHKHH or BTFEHKHHXXX, it is the identical address for The HSBC Institutional Trust Services (Asia) LTD. in Hong Kong SAR China. A SWIFT code tells the sending bank which institution should receive the money, much like a postcode for banks. You will need it mostly for transfers between countries and payments in foreign currencies.

On this page you will find what the code means, when you need it and what else a transfer to or from The HSBC Institutional Trust Services (Asia) LTD. requires. The SWIFT code on its own cannot identify a personal account; that is what the account number or IBAN .

Is BTFEHKHH still correct? How to check

The best place to find the correct BIC remains a document from the bank itself. If the code you have does not match BTFEHKHH or BTFEHKHHXXX, stop and ask – contact the recipient or The HSBC Institutional Trust Services (Asia) LTD..

Mistakes in the BIC are annoying rather than disastrous – usually the money comes back, minus fees and time lost. Remember the account number: a mistake there can be harder to correct than a wrong code.

Most online banking apps check the structure of IBANs – that confirms the format, not the owner. Some banks now check the payee name against the account. A small test payment is worth it for large sums, even if it costs an extra fee.

What to give a sender who pays you at The HSBC Institutional Trust Services (Asia) LTD.

When you are waiting for money from abroad, send the payer everything they need in one go. What they need is: your name, IBAN or account number, BTFEHKHHXXX or BTFEHKHH and in many cases your postal address.

Some sending banks also ask for the address of The HSBC Institutional Trust Services (Asia) LTD.. Check each detail before you send them.

Money from abroad will not always land for the full amount. Charges on incoming payments differ from bank to bank; check the price list of The HSBC Institutional Trust Services (Asia) LTD.. Make clear with the sender who pays which costs, especially for larger amounts.

Sending HKD to The HSBC Institutional Trust Services (Asia) LTD.

Hong Kong SAR China uses the Hong Kong Dollar (HKD). If you send another currency gets converted at some point – by your bank, by The HSBC Institutional Trust Services (Asia) LTD. or by a bank in between. You rarely see a separate charge for the conversion – the cost sits in the rate.

Which bank converts the money matters. Compare how much HKD the recipient gets via different services before choosing one.

Rates for HKD move during the day. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Why The HSBC Institutional Trust Services (Asia) LTD. has an 8- and an 11-character code

Each SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. Together, these eight characters make up BTFEHKHH – the version you usually see online.

XXX at the end of BTFEHKHHXXX does not stand for a placeholder or an error: it stands for the head office of The HSBC Institutional Trust Services (Asia) LTD.. Some banking apps ask for 11 characters, and then you can add XXX behind BTFEHKHH.

Enter the code in one piece, in capitals and without separators, exactly as shown here. Pasting the code is safer than retyping it, because one wrong letter changes the bank.

International transfers from The HSBC Institutional Trust Services (Asia) LTD.: the real cost

What you pay for an international transfer has several parts. You pay the transfer fee, sometimes charges from correspondent banks in between and, most importantly, the exchange rate markup when the money is converted.

Many banks do not list their exchange rate markup separately, but you pay it all the same. A simple test: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a transfer service turns out to be less expensive than a bank. Before your next transfer, take a minute to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving The HSBC Institutional Trust Services (Asia) LTD..

Head office or branch code at The HSBC Institutional Trust Services (Asia) LTD.?

We have 14 SWIFT/BIC codes for The HSBC Institutional Trust Services (Asia) LTD. in 1 places. Next to the head office code BTFEHKHHXXX, there are codes for individual branches and departments.

For the vast majority of payments to a private or business account, the head office code BTFEHKHHXXX is what you need. A branch code only makes sense when the recipient’s bank explicitly mentions it.

Not sure which code to use? Check with the recipient, or look at a recent statement from The HSBC Institutional Trust Services (Asia) LTD.. Codes are sometimes changed or retired when banks reorganise.

Tracking a transfer to or from The HSBC Institutional Trust Services (Asia) LTD.

How quickly a transfer arrives at The HSBC Institutional Trust Services (Asia) LTD. depends on a few things: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Bank holidays in the sending or receiving country can add extra days to the journey. Occasionally a bank asks what the payment is for before releasing it.

If the money seems late, contact the sending bank about the status and the transaction reference so they can trace it along the chain. Money transfer services usually provide a status online showing where the money has got.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank, not the receiving bank. Ask the sender for the payment receipt with the date and reference; that often settles the question quickly.

How up to date is this code?

We collect SWIFT/BIC codes using public sources and check them regularly. Even so, banks merge or retire codes, so information can be out of date. The number of codes we show reflect our own data.

Treat this page as a starting point, not as the last word: the recipient’s bank details come first. GoldexPay is an independent comparison site for money transfers and not part of The HSBC Institutional Trust Services (Asia) LTD.. Spotted an error? Tell us through the contact page and we will look into it.

Scams that use SWIFT codes

One of the most common tricks works like this: an email arrives with a message claiming that a contact now has new bank details. That BTFEHKHH is a real code is no guarantee that a request mentioning it is legitimate.

Never rely on a phone number from the same email that contains the new account. Urgency and requests to keep it quiet are warning signs; a genuine business can wait for you to check. If money has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

Scams also work the other way. Someone sends too much and wants you to return the difference. A screenshot of a transfer proves nothing – check your own account.