Hsbc hong kong swift code wire transfer
For wire transfers to HSBC in Hong Kong, you’ll need the SWIFT code to ensure the funds are routed correctly. Here’s the key information based on current standards:
HSBC Hong Kong SWIFT Code
- SWIFT/BIC Code: HSBCHKHHHKH
- HSBC: Bank identifier for Hongkong and Shanghai Banking Corporation Limited.
- HK: Country code for Hong Kong.
- HH: Location code for the head office in Hong Kong.
- HKH: Branch identifier, indicating this is the primary office handling all Hong Kong operations.
- Bank Name: Hongkong and Shanghai Banking Corporation Limited (HSBC).
- Address: 1 Queen’s Road Central, Central and Western District, Hong Kong.
When to Use This SWIFT Code
- HSBCHKHHHKH is the primary SWIFT code for HSBC Hong Kong and is used for most international wire transfers to personal or business accounts under HSBC in Hong Kong.
- This code directs funds to the head office, which then processes them to the specific account or branch. It’s suitable for general use unless a specific branch code is required (e.g., for specialized services like securities or treasury, which are less common for standard transfers).
Wire Transfer Details Needed
To receive an international wire transfer to your HSBC Hong Kong account, provide the sender with:
- SWIFT Code: HSBCHKHHHKH.
- Bank Name: Hongkong and Shanghai Banking Corporation Limited.
- Recipient’s Full Name: As it appears on your HSBC account.
- Account Number: Your HSBC Hong Kong account number (typically 12 digits).
- Bank Address: 1 Queen’s Road Central, Hong Kong.
- Purpose of Transfer: Some transfers, especially in HKD or RMB, may require a reason for compliance (e.g., personal remittance, business payment).
Additional Notes
- Currency Considerations: HSBC Hong Kong supports multi-currency accounts. Specify the currency (e.g., HKD, USD) to avoid unnecessary conversions. For USD transfers, ensure the sender uses a correspondent bank if required (HSBC often uses its own network, but confirm with your bank).
- Fees:
- Incoming wire transfers typically incur a fee from HSBC Hong Kong (e.g., HKD 50-100, depending on account type), plus possible intermediary bank fees (often USD 10-30).
- Currency conversion may involve a markup on the exchange rate. For better rates, consider services like Wise or Revolut, especially for large transfers.
- Processing Time: Transfers via SWIFT usually take 1-5 business days, depending on the sender’s bank, intermediary banks, and time zones. Providing complete and accurate details minimizes delays.
- Local Clearing Code: For local Hong Kong transfers, HSBC’s bank code is 004, but this isn’t needed for international SWIFT transfers.
Verification
- Always confirm the SWIFT code and account details with your HSBC branch or through online banking, as specific accounts or services might occasionally require a different branch-specific SWIFT code (e.g., HSBCHKHHSFI for securities financing). However, HSBCHKHHHKH is the standard and most widely accepted code for general wire transfers.
- If unsure, contact HSBC Hong Kong customer service at +852 2233 3000 or log in to your online banking for confirmation.
This information ensures your wire transfer to HSBC Hong Kong is processed smoothly. Let me know if you need help with a specific transfer scenario!
