HANG SENG BANK LIMITED BIC / Swift code details
A SWIFT/BIC code is a series of 8-11 characters that identifies your country, city, bank, and branch.
|Bank name||HANG SENG BANK LIMITED|
|Branch name||HANG SENG BANK LIMITED|
|Branch address||83 DES VOEUX ROAD CENTRAL, CENTRAL AND WESTERN DISTRICT|
|SWIFT Code Breakup|
Often referred to as a SWIFT number, a SWIFT code is a standard format for Business Identifier Codes (BICs). The purpose of these numbers is to identify banks and financial institutions around the world. Basically, it is a type of international code or ID that specifies the name and location of the bank/institution.
The codes are used to transfer money between banks, particularly for international transfers or SEPA payments. Additionally, banks use these codes to communicate with one another.
You can easily make a mistake when typing Swift code character by character, especially if you are in a rush. For this reason, if you want to use a SWIFT code, you should copy and paste the digital format to minimize the possibility of errors.
You should pay attention to how you write SWIFT code. Having spaces between the characters is one of the most common mistakes made when writing code, which makes them invalid and prevents them from being processed.
Several banks may reject your transfer if they receive a code that contains spaces between characters, so make sure that your code follows the following format:
A BIC code is required from both the beneficiary bank and the sender bank for payment transactions. In some cases, banks may request further details/information as well. Ensure that these details are entered accurately or else your transfer may be rejected - even if the Swift is valid.