What is the Swift code of China Industrial and Commercial Bank?

Swift wxxxcode style of China Industrial and Commercial Bank is ICBKCNBJ.

BIC with eleven digits or letters can be divided into four parts: bank code, country code, area code and branch code. Take China Industrial and Commercial Bank as an example, and its bank identification code is ICBKCNBJ 1 10. Its meaning is: ICBK (bank code), CN (country code), BJ (area code),1/kloc-0 (branch code).

1. bank code: it consists of four English letters, and each bank has only one bank code, which is customized by itself, usually the initials of the bank, and is applicable to all its branches.

2. Country code: consists of two English letters, which is used to distinguish the country and geographical area where the user is located.

3. Location code: It consists of two digits or two letters other than 0, 1 to distinguish the geographical location of a country, such as time zone, province, state and city.

4. Branch Code: It consists of three letters or numbers and is used to distinguish branches, organizations or departments of a country. If the BIC of a bank has only eight digits and no branch code, its initial value is set to "XXX".

user type

SWIFT needs membership. Most professional banks in China are its members.

2.SWIFT has low cost and high speed. For the same content, the cost of SWIFT is only about 18% of that of telex and only about 2.5% of that of telegram.

3.SWIFT has high security. SWIFT encryption is more reliable, more confidential and more automated than telex encryption.

4. The format of 4.SWIFT is standardized. For SWIFT messages, SWIFT organizations have uniform requirements and formats.

There are three types of users: members (shareholders), sub-members and ordinary users. Members can enjoy all SWIFT services; Ordinary users only enjoy services related to their business, mainly from the securities industry, such as securities intermediaries, investment management companies, fund management companies and so on.

SWIFT has also compiled a code for banks that have not joined the SWIFT organization, instead of entering the full name of their banks in the message according to this rule. All such codes are distinguished from the SWIFT address codes of official SWIFT member banks by adding the letter "BIC" in the last three digits.