INDUSTRIAL BANK CO. LTD. HARBIN BRANCH Swift Code, Address

What is a SWIFT Code / BIC code?

Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes. SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.

SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:

• First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of INDUSTRIAL BANK CO. LTD. the first four characters from left FJIB indicates that it is INDUSTRIAL BANK CO. LTD..
• Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of INDUSTRIAL BANK CO. LTD. characters 5 and 6 from left CN indicates that bank is in CHINA. It means that all the banks located in CHINA will have CN at 5th and 6th place from left in their Swift Codes / BIC Codes.
• Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of INDUSTRIAL BANK CO. LTD. characters 7 and 8 from left BA indicates that bank is in HARBIN. It means that all the branches of INDUSTRIAL BANK CO. LTD. located in HARBIN will have BA at 7th and 8th place from left in their Swift Codes / BIC Codes.
• Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank. In the case of INDUSTRIAL BANK CO. LTD. characters 9 - 11 from left 650 indicates branch code. It means that INDUSTRIAL BANK CO. LTD. Branch code: 650 is used for branches located at 88 HUANGHE ROAD. If XXX are in 9-11 place then it means that it is the Head Office of Bank / Financial institution.
• Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.