Industrial and Commercial Bank of China (Thai) Public Company Limited SWIFT/BIC code

What ICBKTHBK means for a payment to Industrial and Commercial Bank of China (Thai) Public Company Limited

The 8-character code ICBKTHBK and the full code ICBKTHBKXXX refer to the same bank: Industrial and Commercial Bank of China (Thai) Public Company Limited in Bangkok, Thailand. A BIC does one job: it ensures that a cross-border transfer reaches the right bank. In practice you usually come across it on international invoices, in your banking app and on the account details of Industrial and Commercial Bank of China (Thai) Public Company Limited customers.

On this page you can read what the code means, when it matters and what else a transfer to or from Industrial and Commercial Bank of China (Thai) Public Company Limited requires. The SWIFT code alone cannot identify a personal account; that is what the IBAN or account number .

Thai Baht (THB) and conversion costs

Thailand pays in the Thai Baht. When you pay another currency, the amount gets converted at some point – by your bank, by Industrial and Commercial Bank of China (Thai) Public Company Limited or by a bank in between. You rarely see a separate line for the conversion; it is built into the rate.

Who converts the payment makes a difference, because each party uses its own rate. Often you pay less if you send THB directly through a transfer service with a good rate.

Rates for THB change all the time, and some providers let you lock in a rate. If you pay regularly, a slightly better rate make a real difference over a year.

Before you send: check the Industrial and Commercial Bank of China (Thai) Public Company Limited code

The safest source for a SWIFT code is the bank details provided by the recipient: an invoice, a bank statement or their online banking. When the code you were given does not match ICBKTHBK or ICBKTHBKXXX, stop and ask: check with the recipient or with Industrial and Commercial Bank of China (Thai) Public Company Limited directly.

A wrong SWIFT code may lead to delays, a returned payment or additional charges for investigation. Do not forget the IBAN: an error there is more difficult to undo than a wrong code.

Many banking apps validate the structure of an IBAN and some suggest the matching BIC. If your bank offers it, a payee name check on the recipient gives extra certainty. When you pay someone new, many people start with a small amount first and wait for confirmation.

Scams that use SWIFT codes

Be wary when a contact suddenly asks you to send money to a different account or a bank in another country. A valid SWIFT code tells you nothing about who owns the account.

Always confirm changed bank details through a phone call. Pressure and secrecy tend to be warning signs – a real supplier can wait a day. Acted too fast? Call the bank you paid from straight away and have them try to recall the payment and report the fraud.

Recipients can be targeted as well: one known trick is an overpayment and then sends a request to send back the difference to another account. Wait until the money is actually in your account.

Getting paid from abroad into a Industrial and Commercial Bank of China (Thai) Public Company Limited account

To receive an international payment into your account at Industrial and Commercial Bank of China (Thai) Public Company Limited, the sender needs more than the SWIFT code. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the BIC ICBKTHBKXXX (or ICBKTHBK) and, often, your postal address.

Certain sending banks want the address of Industrial and Commercial Bank of China (Thai) Public Company Limited in Bangkok. A typo in the IBAN can be more trouble than it looks.

Money from abroad will not always arrive in full. Correspondent banks can take a fee, Industrial and Commercial Bank of China (Thai) Public Company Limited may charge for incoming payments, and when currencies differ, a markup on the rate applies. For business payments, you can agree who bears the costs, so that nobody is left short.

Why Industrial and Commercial Bank of China (Thai) Public Company Limited has an 8- and an 11-character code

A BIC is made up of a few fixed parts: the first four letters stand for the bank, the next two show the country and the two after that mark the location. Together, those parts make up ICBKTHBK – the version you usually see online.

The 11-character version has three more characters that identify a branch or department. When those three characters are XXX, the code points to the head office.

In practice the code is written in capitals, without spaces or dashes. Pasting the code beats typing it by hand: a typo can point to another bank.

Industrial and Commercial Bank of China (Thai) Public Company Limited: head office code versus branch codes

Our database contains 2 SWIFT/BIC codes for Industrial and Commercial Bank of China (Thai) Public Company Limited, spread over 1 cities. Next to the head office code ICBKTHBKXXX, there are codes for individual branches and departments.

In most cases there is no need to look up a branch: payments addressed to ICBKTHBKXXX are routed within Industrial and Commercial Bank of China (Thai) Public Company Limited correctly. When you receive a specific code, stick to it rather than replacing it with the head office code.

When in doubt, check with the recipient which code their bank gave them. Branch codes are more likely to change than the head office code when a bank merges or closes offices.

International transfers from Industrial and Commercial Bank of China (Thai) Public Company Limited: the real cost

What you pay for an international transfer has more than one component. On top of the transfer fee, correspondent or intermediary banks can take a cut, and if the money changes currency the bank usually uses a rate that is less favourable than the actual market rate.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert at a rate that includes a margin. An easy check: put the rate you get against the mid-market rate and look at the difference.

For a lot of routes, a specialist provider is less expensive than a bank – mostly thanks to the rate. On GoldexPay you can compare what recipients receive across providers. You can still use your account at Industrial and Commercial Bank of China (Thai) Public Company Limited, while a cheaper service handles the conversion.

A note on our data

The codes on this page come from publicly available data that we update regularly. Even so, banks merge or retire codes and our data may lag behind. The figures on this page are based on what is in our directory.

Treat this page as a starting point, not as the final word. GoldexPay is independent of Industrial and Commercial Bank of China (Thai) Public Company Limited. Should you notice something that is out of date, we appreciate a short note.

Transfer times and tracking a payment to Industrial and Commercial Bank of China (Thai) Public Company Limited

There is no fixed delivery time for international payments: many land the same day or the next. Bank holidays in the sending or receiving country can add a day or more. Occasionally a bank wants to know what the payment is for, which can hold things up.

If the money is late, ask the sending bank about the tracking status or the UETR; with that reference banks can see where the payment is. Save the payment confirmation until the money has arrived – you will need it for any trace request.

A missing payment has to be investigated by the sending bank on the basis of the transfer details. As a recipient, it helps to look at your statements to see a partial amount, since fees may have been deducted.