UBS Securities Hong Kong Limited SWIFT/BIC code

What SWDRHKH1 means for a payment to UBS Securities Hong Kong Limited

SWDRHKH1 and SWDRHKH1XXX are two ways of writing the same SWIFT/BIC code, and both lead to UBS Securities Hong Kong Limited in Hong Kong. A SWIFT code tells the banks handling a payment which institution is meant to get the money. You will need it mainly when dealing with payments that cross a border and payments in foreign currencies.

On this page you will find what the code means, when it matters and what else a transfer to or from UBS Securities Hong Kong Limited requires. A SWIFT code names an institution, not a specific account, which is why you always need the account number too.

Paying someone abroad from your UBS Securities Hong Kong Limited account

A bank transfer abroad can cost rather more than the listed fee. On top of a fixed fee, correspondent or intermediary banks can deduct a fee, and when currencies are converted, the bank usually uses a rate below the real market rate.

That exchange rate margin tends to be the biggest cost, and it is easy to miss. An easy check: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a transfer service is less expensive than a bank. GoldexPay compares these services next to each other so you can see the amount the recipient gets before you commit. Using a transfer service does not require closing your account at UBS Securities Hong Kong Limited.

Transfer times and tracking a payment to UBS Securities Hong Kong Limited

An international transfer usually needs anywhere from one to several business days – it depends on currency, route and the banks in between. 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 can also add some delay.

A growing number of banks use SWIFT gpi. Every payment carries a unique transaction reference, the UETR. Keep your transfer receipt.

If a payment has not arrived within the expected time, the sender should start with their own bank rather than UBS Securities Hong Kong Limited. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.

Protect yourself against fake payment requests

A common scam works like this: an email arrives with a message saying that a contact now has new bank details and that the next payment should go there. A valid SWIFT code says nothing about who owns the account.

Verify changed payment details via a separate channel. Watch out for urgent requests, unusual wording or an email address that differs by one letter. If money was sent to the wrong account, call your bank right away.

Fraud also work the other way: someone claims to have sent too much and asks you to refund the extra to a new account. A payment confirmation from the sender is no proof – check your own account.

Is SWDRHKH1 still correct? How to check

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. When the code you were given differs from SWDRHKH1 or SWDRHKH1XXX, stop and ask.

With a wrong code, the transfer might get stuck, be returned or end up costing more. An error in the IBAN or account number can be more serious, because the money may be credited to someone else; check it just as carefully.

A validity check by your bank only confirms that the IBAN exists. Where available, a name check on the recipient adds extra certainty. Sending a small amount first is a sensible step for a large first payment.

Why UBS Securities Hong Kong Limited has an 8- and an 11-character code

Every 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. That gives you SWDRHKH1, the short form of the code.

XXX at the end of SWDRHKH1XXX is not a placeholder or a mistake: it indicates the head office of UBS Securities Hong Kong Limited. Certain payment forms insist on 11 characters, and then you can enter XXX behind SWDRHKH1.

Type the code in one piece, in capitals and without spaces, exactly as shown here. A wrong letter can send the money to another bank, so copy it carefully.

About this information

We gather bank codes from publicly available data and update our list regularly. It is possible that a code here is no longer current, for example after a merger. Counts and locations are from our own dataset and may differ from what UBS Securities Hong Kong Limited publishes.

Treat this page as a starting point, not as the final word. GoldexPay is not affiliated with UBS Securities Hong Kong Limited, we only compare transfer services. Found an error? Let us know via our contact form so we can correct it.

Choosing between the 2 SWIFT codes of UBS Securities Hong Kong Limited

Our directory lists 2 SWIFT/BIC codes for UBS Securities Hong Kong Limited. Next to the head office code SWDRHKH1XXX, there are codes for regional offices and specialised units.

In most cases you do not need to pick a branch: transfers addressed to SWDRHKH1XXX are routed within UBS Securities Hong Kong Limited without problems. When you receive a specific code, stick to it instead of replacing it for the head office code.

Unsure which code applies? Ask the recipient, or look at a recent statement from UBS Securities Hong Kong Limited. Codes for branches are more likely to be retired than SWDRHKH1XXX.

Paying into UBS Securities Hong Kong Limited in HKD

Hong Kong SAR China uses the Hong Kong Dollar. Money sent in a different currency will be exchanged into HKD on its way to UBS Securities Hong Kong Limited, and whoever converts it chooses the rate. You rarely see a separate line for the conversion; it is built into the rate.

Which bank converts the payment matters. Often you pay less if you send HKD straight away through a transfer service with a good rate rather than letting the receiving bank convert.

The HKD rate changes throughout the day and quotes are often valid only for a short time. If you pay regularly, a slightly better rate add up over a year.

What to give a sender who pays you at UBS Securities Hong Kong Limited

When you expect money from abroad, give the sender everything they need in one go. Share the account holder’s name, the IBAN or account number, SWIFT code SWDRHKH1XXX and your address.

You can add UBS Securities Hong Kong Limited and its city as well, because some payment forms have separate fields for them. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the incoming amount is below what the sender paid. Fees for incoming transfers differ per bank; check the price list of UBS Securities Hong Kong Limited. On invoices, it is common to agree how the fees are split.