Office For Securities Brokerage Services SWIFT/BIC code

Office For Securities Brokerage Services SWIFT code: OFSBTHB1

Whether you are given OFSBTHB1 or OFSBTHB1XXX, you are looking at the identical identifier for Office For Securities Brokerage Services in Thailand. Banks worldwide use these codes to route payments between countries to the correct institution. In practice you usually come across it on international invoices, in your banking app and in the bank details of Office For Securities Brokerage Services customers.

On this page we explain what the code means, when it matters and which other details you need for a transfer to or from Office For Securities Brokerage Services. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN .

When will the money arrive at Office For Securities Brokerage Services?

A SWIFT payment typically needs anywhere from one to several business days. Payments made after the cut-off time or just before weekends and holidays usually go out the next business day. Extra checks by one of the banks may also cause some delay.

If the money is delayed, ask the sending bank about the status and the transaction reference. Save the payment confirmation; it contains the details a bank needs to start a trace.

If a payment has not arrived within the expected time, the person who paid needs to contact the bank that sent it. Request from the sender the payment receipt; that often settles the question quickly.

Thai Baht (THB) and conversion costs

Most accounts at Office For Securities Brokerage Services are typically held in THB, the local currency of Thailand. A payment in a foreign currency is exchanged into THB before it reaches the account – and the bank that does it picks the rate. You rarely see a separate charge for that conversion; it is built into the rate.

Which bank converts the money makes a difference: every bank has its own margin. Often you pay less if you send THB directly via a transfer service with a good rate rather than letting the receiving bank convert.

The rate for THB changes throughout the day. On larger amounts, even small difference in the rate adds up quickly.

Scams that use SWIFT codes

Be alert when a contact unexpectedly wants you to send money to another account or a bank in another country. The fact that OFSBTHB1 exists is no guarantee that a request mentioning it is legitimate; criminals use the codes of real banks too.

Before paying, verify changed bank details by phone, using a number you already had. Watch out for time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Contact the bank you paid from without delay and have them try to recall the payment and report the fraud.

People receiving money are targeted too: a classic trick is an overpayment followed by a request to send back the difference. Do not act before the money is actually in your account – ask Office For Securities Brokerage Services if something looks wrong.

Receiving money from abroad at Office For Securities Brokerage Services

If you are waiting for a payment from another country, send the payer all details at once. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code OFSBTHB1XXX and, often, your postal address.

Some sending banks want the name and address of Office For Securities Brokerage Services in Chiangmai; it does no harm to include it. 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 lower than the amount sent. Charges on incoming payments differ per bank; check the price list of Office For Securities Brokerage Services. For business payments, it is common to state how the fees are split to avoid a shortfall.

What the XXX in OFSBTHB1XXX means

The layout of a BIC is always the same: four characters for the institution, two for the country and two for the location, plus an optional branch code. Combined, those parts make up OFSBTHB1.

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

Type the code as one block, in capitals and without separators. A wrong character can send the money to a different institution.

How up to date is this code?

We collect bank codes using publicly available data and update our list from time to time. Still, banks merge, rename themselves or retire codes and our data may lag behind. The number of codes on this page reflect our own data.

See our directory here as a helpful check, and let the details from the recipient or Office For Securities Brokerage Services have the final say. GoldexPay has no connection to Office For Securities Brokerage Services; we are a comparison site for money transfers. Spotted outdated information? Tell us via our contact form.

Which of the 4 codes of Office For Securities Brokerage Services do you need?

With 4 codes in 4 cities, Office For Securities Brokerage Services belongs to the banks that register separate codes for branches and departments. The head office code is OFSBTHB1XXX.

Usually there is no need to look up a branch: payments addressed to OFSBTHB1XXX reach Office For Securities Brokerage Services correctly. When you receive a branch code, stick to it rather than replacing it for the head office code.

Unsure which code to use? Check with the recipient, or look at a recent statement from Office For Securities Brokerage Services. Codes for branches are more prone to change than OFSBTHB1XXX when a bank merges or closes offices.

Paying someone abroad from your Office For Securities Brokerage Services account

The price of a payment abroad has several parts – not just the fee on your screen. 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: the bank converts using an exchange rate with a margin built in. A simple test: set the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Money transfer services frequently offer a rate near the mid-market rate and lower fees. GoldexPay compares what recipients receive across providers, which makes the cheapest option easy to spot. Using a transfer service does not mean leaving Office For Securities Brokerage Services.

Before you send: check the Office For Securities Brokerage Services code

Ask the recipient to copy their bank details straight from their banking app. When the code you were given differs from OFSBTHB1 or OFSBTHB1XXX, do not guess – contact the recipient or Office For Securities Brokerage Services.

Errors in the SWIFT code are costly more than fatal – usually the money comes back, minus fees and time lost. Do not forget the IBAN: a mistake there is more difficult to undo than a wrong BIC.

A format check by your bank only confirms that the code exists – not that it belongs to the person you mean to pay. Where available, a payee name check on the recipient gives extra certainty. Sending a small amount first is worth it for large sums despite the extra fee.