Chugoku Bank, LTD., The SWIFT/BIC code

Chugoku Bank, LTD., The SWIFT code: CHGKJPJZ

CHGKJPJZ and CHGKJPJZXXX are two spellings of the same bank identifier, and both point to Chugoku Bank, LTD., The in Okayama. Every bank on the SWIFT network uses these codes to direct international transfers to the correct bank. You will need it mostly for payments that cross a border.

This page is meant to help people who sends money to an account at Chugoku Bank, LTD., The without mistakes. A SWIFT code names an institution, never a specific account, which is why you always need the account number too.

Choosing between the 2 SWIFT codes of Chugoku Bank, LTD., The

Chugoku Bank, LTD., The uses 2 separate SWIFT/BIC codes across 2 cities. One of them is the head office code, CHGKJPJZXXX; the others belong to branches, and sometimes specific services.

Usually there is no need to look up a branch: transfers addressed to CHGKJPJZXXX are routed within Chugoku Bank, LTD., The without problems. If you have been given a branch code, use it as it is rather than replacing it with the head office code.

The safest approach is to take the code directly from the recipient’s statement. Branch codes are more likely to be retired than CHGKJPJZXXX when a bank merges or closes offices.

Tracking a transfer to or from Chugoku Bank, LTD., The

There is no single delivery time: some arrive within a day. Payments made after the cut-off time or just before a weekend or public holiday often go out a business day later. Occasionally a bank wants to know what the payment is for before releasing it.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique reference, the UETR that banks can use to trace it. Save your transfer receipt until the money has arrived – you will need it for any trace request.

Only the sending bank can request a trace – the recipient’s bank often cannot see a payment that has not arrived. On the receiving end, you can check your statements to see a slightly lower amount, since fees may have been deducted.

Protect yourself against fake payment requests

Stay alert when someone suddenly wants you to pay into another account or a bank in another country. A real SWIFT code says nothing about who owns the account: scammers use real codes of real banks.

Before paying, verify changed bank details through a phone call. Watch out for time pressure, odd spelling or a sender address that is slightly off. Already paid? Call your bank straight away and have them start a recall.

Fraud can also work the other way: someone claims to have sent too much and wants you to refund the extra to a new account. A screenshot of a transfer proves nothing – check your own account.

The Japanese Yen and what conversion costs you

The local currency in Japan is the Japanese Yen (JPY). Money sent in a different currency will be converted into JPY on its way to Chugoku Bank, LTD., The, and whoever converts it chooses the rate. There is rarely a separate line for the conversion.

Who does the conversion has an effect on the final amount, since every bank sets its own rate. Often it is cheaper to send JPY directly through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The JPY rate fluctuates constantly. For recurring payments, a slightly better rate make a real difference over a year.

CHGKJPJZ or CHGKJPJZXXX – which one to use?

A SWIFT code is made up of a few fixed parts: characters one to four stand for the bank, the next two give the country and characters seven and eight indicate the location. Together, those parts form CHGKJPJZ, the code most people search for.

XXX at the end of CHGKJPJZXXX does not stand for a missing value or a mistake: it stands for the main office of Chugoku Bank, LTD., The. Some forms ask for 11 characters, in which case you can enter XXX behind CHGKJPJZ.

Do not add spaces, dots when you enter CHGKJPJZ or CHGKJPJZXXX. Watch for the letter O and the digit 0 and I versus 1.

Sending money abroad from Chugoku Bank, LTD., The

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. You pay the fee for the transfer itself, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert at a rate that includes a margin. A simple test: put the rate you get against the mid-market rate and look at the difference.

For many routes, a specialist provider turns out to be cheaper than a bank. Next time you send money, it is worth to compare what arrives via GoldexPay instead of going straight to your bank. You can always keep your account at Chugoku Bank, LTD., The to fund the transfer.

Where our SWIFT data comes from

Our SWIFT/BIC directory is based on publicly available sources. Still, banks merge or change codes and our data may lag behind. Counts and locations come from our directory.

For a payment of any size, confirm the code with the recipient’s bank or with the recipient. GoldexPay is a comparison site and not affiliated with Chugoku Bank, LTD., The. Should you notice a mistake, we welcome a message.

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

The most reliable source for the BIC is the bank details provided by the recipient. When the code you were given differs from CHGKJPJZ or CHGKJPJZXXX, stop and ask: check with the recipient or with Chugoku Bank, LTD., The directly.

If the code is wrong, the transfer might get stuck, be returned or cost extra. A mistake in the account number can be more serious because it can reach the wrong person, so check that just as carefully.

A validity check in your banking app merely tells you that the code is valid, not that it is the right account. If your bank offers it, a payee name check before sending adds an extra layer of safety. A small test payment can be worth it for large sums.

Incoming international payments to Chugoku Bank, LTD., The

To receive a transfer from abroad into your account at Chugoku Bank, LTD., The, the person paying you has to have not just the SWIFT code. Share the account holder’s name, your account number or IBAN, SWIFT code CHGKJPJZXXX and your address, which some banks require.

Certain sending banks want the bank’s address; it does no harm to include it. Check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

An incoming payment does not always arrive in full. Fees for incoming transfers vary per bank – the price list of Chugoku Bank, LTD., The tells you what applies. For business payments, it is common to state who bears the costs, so that nobody is left short.