Aichi Bank, LTD., The SWIFT/BIC code

What AICHJPJN means for a payment to Aichi Bank, LTD., The

AICHJPJN and AICHJPJNXXX are the short and the long form of the same bank identifier, and both point to Aichi Bank, LTD., The in Nagoya. The code does one job: it makes sure that a cross-border transfer reaches the right bank. You will need it mostly for payments that cross a border and payments in foreign currencies.

We wrote this page to help anyone who receives money at an account at Aichi Bank, LTD., The and wants to get the details right. The BIC identifies an institution, not a single account, which is why you always need the account number too.

Sending money abroad from Aichi Bank, LTD., The

An international bank payment can cost rather more than the fee suggests. There is the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, most importantly, the margin on the exchange rate if the currency changes.

Many banks rarely list the margin on the rate as a cost – you only notice it if you compare. Compare their rate with the mid-market rate. The difference is your real conversion cost.

For a lot of currency pairs, a transfer service turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets before you commit. You can always keep your account at Aichi Bank, LTD., The as the source of the money, while a cheaper service handles the conversion.

Sending JPY to Aichi Bank, LTD., The

Most accounts at Aichi Bank, LTD., The are usually held in JPY, the national currency of Japan. A payment in a foreign currency is exchanged into JPY on its way to Aichi Bank, LTD., The – and the bank that does it picks the rate. Every conversion eats into something, even when no fee is shown.

Which bank converts the payment matters: every bank has its own margin. In many cases you pay less if you send JPY straight away via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

The rate for JPY changes throughout the day. With bigger transfers, a small gap in the rate adds up quickly.

Verifying the SWIFT code of Aichi Bank, LTD., The

Have the recipient copy their bank details directly from their online banking. When the code you were given differs from AICHJPJN or AICHJPJNXXX, stop and ask – contact the recipient or Aichi Bank, LTD., The.

Errors in the BIC are costly rather than disastrous – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else.

A format check by your bank only confirms that the IBAN is valid, not that it is the right account. If your bank offers it, a name check on the recipient adds extra certainty. For a first payment, some people start with a small amount first.

Head office or branch code at Aichi Bank, LTD., The?

Our database contains 3 SWIFT/BIC codes for Aichi Bank, LTD., The, spread over 3 locations. Next to the head office code AICHJPJNXXX, there are codes for individual branches and departments.

Unless the recipient tells you otherwise, go with AICHJPJNXXX or its short form AICHJPJN. Just use a branch code when your contact gives you that exact code.

Unsure which code applies? Check with the recipient, or look at a recent statement from Aichi Bank, LTD., The. Codes can change when banks reorganise, so do not rely on old paperwork.

A note on our data

We collect SWIFT/BIC codes from public sources and update our list from time to time. Even so, banks merge or retire codes. Figures such as the number of codes are from our own dataset and are not confirmed by Aichi Bank, LTD., The.

Treat our directory on this page as a handy check, and let the details from the recipient or Aichi Bank, LTD., The have the final say. We are a comparison site and not affiliated with Aichi Bank, LTD., The. Should you notice a mistake, we welcome a message via the contact page.

Changed bank details? Be careful

Criminals regularly use fake invoices containing new bank details sent from what looks like a familiar address. The fact that AICHJPJN exists does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Before paying, confirm changed bank details through a phone call, using a number you already had. Pressure or requests to keep it quiet are red flags – a real supplier can wait a day. If a payment was sent to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. Do not act before the money is actually in your account and check with Aichi Bank, LTD., The if anything seems off.

Transfer times and tracking a payment to Aichi Bank, LTD., The

A SWIFT payment usually takes one to a few business days. Payments made after the cut-off time or just before weekends and holidays often start the next business day. Occasionally a bank asks about the purpose of a payment.

Many banks use SWIFT gpi for faster and traceable payments. Every payment gets a unique reference, the UETR, which your bank can use to see where the money is. Money transfer services often provide tracking online so you can see how far the payment has got.

The bank that sent the money is able to request a trace. Request from the sender a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

What to give a sender who pays you at Aichi Bank, LTD., The

For a transfer from abroad into your account at Aichi Bank, LTD., The, the sender has to have not just the SWIFT code. Give them your name as the bank knows it, the IBAN or account number, SWIFT code AICHJPJNXXX and your address.

You can include the bank name and Nagoya too, since some forms ask for it. A typo in your account number can be harder to fix than it looks, so copy the details from your online banking.

An incoming payment will not always arrive for the full amount. Correspondent banks can take a fee, and if the money is converted, a markup on the rate comes on top. Agree with the sender who pays which costs, especially for larger amounts.

Why Aichi Bank, LTD., The has an 8- and an 11-character code

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. The result is AICHJPJN for Aichi Bank, LTD., The.

The 11-character version adds three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office, which is why AICHJPJNXXX and AICHJPJN lead to the same place.

In practice the code is typed in capitals and without spaces. Pasting the code beats typing it by hand, because one wrong letter changes the bank.