Japan Securities Clearing Corporation SWIFT/BIC code

SWIFT/BIC code of Japan Securities Clearing Corporation

If an invoice shows JSCCJPJ1 or JSCCJPJ1XXX, you are looking at the same identifier for Japan Securities Clearing Corporation in Japan. Banks worldwide use these codes to route international transfers to the right institution. In daily life you usually come across it on invoices from abroad, in payment forms and in the bank details of Japan Securities Clearing Corporation customers.

On this page we explain how the code means, when you need it and which other details a transfer to or from Japan Securities Clearing Corporation requires. The BIC identifies an institution, not a specific account, which is why you always need the account number too.

About this information

We gather SWIFT/BIC codes from publicly available data and update our list from time to time. It can happen that a code on this page is no longer current, for example after a merger. Counts and locations come from our own dataset and may differ from what Japan Securities Clearing Corporation publishes.

See our directory on this page as a helpful check. GoldexPay is an independent comparison site for money transfers and not affiliated with Japan Securities Clearing Corporation. Should you notice a mistake, we appreciate a short note.

Before you send: check the Japan Securities Clearing Corporation code

Have the recipient send you their bank details straight from their online banking. If the code you have differs from JSCCJPJ1 or JSCCJPJ1XXX, do not guess.

Mistakes in the BIC are annoying more than disastrous – usually the money comes back, minus fees and time lost. Remember the account number: an error there is more difficult to correct than a wrong code.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically. If your bank offers it, a payee name check on the recipient adds an extra layer of safety. For a first payment, some people send a small test amount.

Protect yourself against fake payment requests

One of the most common tricks goes like this: an email arrives with a message claiming that a company now has a new bank account. A real SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Before paying, verify a change of bank details through a phone call, using a number you already had. Urgency and requests to keep it quiet tend to be warning signs. Already paid? Call the bank you paid from without delay and have them start a recall.

People receiving money can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference abroad. A payment confirmation from the sender proves nothing – check your own account.

Choosing between the 2 SWIFT codes of Japan Securities Clearing Corporation

Japan Securities Clearing Corporation has 2 different SWIFT/BIC codes. One of them is the head office code, JSCCJPJ1XXX; the others identify branches.

Usually there is no need to look up a branch: payments sent to JSCCJPJ1XXX reach Japan Securities Clearing Corporation correctly. A branch code only makes sense if the account holder explicitly asks for it.

The best way is to copy the code directly from the account holder’s bank details. Branch codes can change over time, so a code from an old document is not always valid.

8 or 11 characters: JSCCJPJ1 versus JSCCJPJ1XXX

A SWIFT code is made up of a few fixed parts: the first four letters stand for the bank, the next two give the country and characters seven and eight mark the location. The result is JSCCJPJ1, the short form of the code.

XXX at the end of JSCCJPJ1XXX does not stand for a placeholder or an error: it indicates the head office of Japan Securities Clearing Corporation. Certain payment forms insist on 11 characters, and then you simply enter XXX behind JSCCJPJ1.

Do not add spaces when you type JSCCJPJ1. Look out for O versus 0 or I versus 1.

Tracking a transfer to or from Japan Securities Clearing Corporation

An international transfer typically takes one to a few business days – it depends on currency, route and the banks in between. Bank holidays in either country add extra days, since banks do not process on those days. Extra checks on larger or unusual payments may also add some delay, even when all details are correct.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer carries a unique transaction reference, the UETR. Keep the payment confirmation until the money has arrived.

If the money does not arrive after a few business days, the person who paid needs to start with the bank that sent it, not the receiving bank. Request from the sender the payment receipt including the reference – it helps your own bank look for the money.

The Japanese Yen and what conversion costs you

Accounts at Japan Securities Clearing Corporation are usually held in JPY, the national currency. If you send money in a different currency, the amount gets converted somewhere along the way. Each conversion eats into something – usually through the rate rather than a fee.

Where the conversion happens affects the final amount, as rates and margins differ per bank. Check what JPY arrives via several providers.

The rate for JPY changes constantly, so the amount you see is usually only valid for a short time. If you pay regularly, a slightly better rate make a real difference over time.

Sending money abroad from Japan Securities Clearing Corporation

A bank transfer abroad can cost rather more than the fee suggests. There is the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup.

Banks do not list their exchange rate markup as a cost – you only notice it if you compare. Check their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

Specialised transfer providers frequently use rates closer to the mid-market rate and lower fees. On GoldexPay you can compare what recipients receive with different providers, so you can pick the cheapest route. You can always keep your account at Japan Securities Clearing Corporation to fund the transfer.

Incoming international payments to Japan Securities Clearing Corporation

For a transfer from abroad at Japan Securities Clearing Corporation, the person paying you has to have more than the SWIFT code. Give them the account holder’s name, the IBAN or account number, the BIC JSCCJPJ1XXX and your address.

The sender’s bank might also ask for the bank address of Japan Securities Clearing Corporation. Double-check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often less than what was sent. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin comes on top. For business payments, it is common to state who bears the costs.