All Asia Securities Management Corp. SWIFT/BIC code

AASSPHM1 – the SWIFT/BIC code of All Asia Securities Management Corp.

The short code AASSPHM1 and the 11-character code AASSPHM1XXX refer to one and the same institution: All Asia Securities Management Corp.. Banks worldwide use BIC codes to route international transfers to the right bank. In daily life you usually come across it on international invoices, in payment forms and on the account details that All Asia Securities Management Corp. provides.

Below you will find the practical questions: receiving money at All Asia Securities Management Corp., paying someone in another country and how to check the code before you hit send. Remember that the SWIFT code just identifies the bank, not the account: the IBAN or account number does that part.

Head office or branch code at All Asia Securities Management Corp.?

All Asia Securities Management Corp. has 2 different SWIFT/BIC codes. Only one is the head office code, AASSPHM1XXX; the rest belong to branches or departments.

If nobody asks you for a branch code, go with AASSPHM1XXX or its short form AASSPHM1. A branch code only makes sense if the recipient’s bank explicitly mentions it.

The best way is to copy the code straight from the recipient’s invoice. Branch codes are more prone to change than the head office code when a bank merges or closes offices.

International transfers from All Asia Securities Management Corp.: the real cost

The price of an international transfer has several parts. On top of a fixed fee, correspondent or intermediary banks may deduct a fee, and when currencies are converted the bank usually uses a rate that is less favourable than the actual market rate.

The real cost is often in the rate, not in the fee: many banks convert using an exchange rate that includes a margin. Check their rate against the mid-market rate.

Specialised transfer providers frequently offer a rate near the mid-market rate and lower fees. GoldexPay compares transfer providers side by side, showing what actually arrives for the same amount sent. You can always keep your account at All Asia Securities Management Corp.; only the conversion and sending happen elsewhere.

Verifying the SWIFT code of All Asia Securities Management Corp.

Have the recipient send you the bank details directly from their banking app. When the code you were given does not match AASSPHM1 or AASSPHM1XXX, do not guess: check with the recipient or with All Asia Securities Management Corp. directly.

With a wrong code, the payment might get stuck, be returned or cost extra – sometimes after weeks of searching. An error in the account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

An automatic check in your banking app only confirms that the IBAN is valid. Some banks now check the payee name with the account. For a first payment, some people send a small test amount before sending the rest.

Sending PHP to All Asia Securities Management Corp.

Accounts at All Asia Securities Management Corp. are typically held in PHP, the local currency. A payment in a foreign currency will be converted into PHP. There is rarely a separate line for the conversion.

Who does the conversion affects how much arrives, since every bank sets its own rate. In many cases it is cheaper if you send PHP directly via a transfer service with a good rate rather than letting the receiving bank convert.

Rates for PHP move all the time, and some providers let you lock in a rate. For regular payments, a slightly better rate add up over time.

Where our SWIFT data comes from

This directory is based on publicly available sources and we update it periodically. It can happen that information here is no longer current. Counts and locations come from our own dataset and may differ from what All Asia Securities Management Corp. publishes.

See the information on this page as a helpful check and rely on the recipient or All Asia Securities Management Corp. for the final confirmation. We are an independent comparison service and not affiliated with All Asia Securities Management Corp.. If you notice a mistake, we appreciate a message.

Transfer times and tracking a payment to All Asia Securities Management Corp.

How fast a transfer arrives at All Asia Securities Management Corp. is determined by a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Payments made late in the day or just before a weekend or public holiday often start the next business day. Compliance checks on larger or unusual payments can also cause a delay.

A growing number of banks are connected to SWIFT gpi. Every payment gets a unique transaction reference, the UETR that banks can use to trace it. Money transfer services often provide a status in their app showing where the payment has got.

The bank that sent the money is able to start an official trace or a recall. Ask the sender for a copy of the payment confirmation including the reference; that often settles the question quickly.

Incoming international payments to All Asia Securities Management Corp.

Someone abroad who wants to pay you needs a few details about your account. What they need is: the account holder’s name, account number or IBAN, AASSPHM1XXX and, for some countries, your home address.

It helps to include All Asia Securities Management Corp. and its city too. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be less than what was sent. Intermediary banks may deduct a fee, All Asia Securities Management Corp. may charge for incoming payments, and when currencies differ, a markup on the rate comes on top. Make clear with the sender who covers the fees.

Changed bank details? Be careful

Stay alert when a contact suddenly asks you to send money to a different account. The fact that AASSPHM1 exists is no guarantee that a request mentioning it is genuine.

Always verify a change of bank details through a phone call, using a number you already had. Urgency or requests to keep it quiet are warning signs; a genuine business can wait for you to check. Acted too fast? Contact your bank straight away and have them try to recall the payment; also report it to the police.

Recipients are targeted too: one known trick is an overpayment and then sends a request to send back the difference. Wait until the money is actually in your account – ask All Asia Securities Management Corp. if something looks wrong.

Why All Asia Securities Management Corp. has an 8- and an 11-character code

Every SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. Combined, these eight characters make up AASSPHM1 – the version you usually see online.

The long version adds a three-character extension for a branch or department. When those three characters are XXX, they simply mean the head office.

Enter the code as one block, in capitals and without spaces, exactly as shown here. A wrong character may route the money to a different institution.