SPDBCNSHFT1 – SHANGHAI PUDONG DEVELOPMENT BANK · HAIKOU
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SWIFT/BIC code structure
SPDB identifies the bank, CN is the ISO country code for China, SH identifies the location, and FT1 identifies a particular branch.
Bank and branch information
Before sending money to China
Currency commonly used: CNY. For an international transfer to China, the receiving bank may ask for the beneficiary name, account number and local routing details in addition to this SWIFT/BIC code.
- SWIFT/BIC code
- Beneficiary account number
- Beneficiary name in English
- Bank branch name
For payments to China, the beneficiary bank branch and account name should be checked carefully.
What if the SWIFT code is wrong?
If the bank is correct but the branch code is wrong, the payment may reach the bank head office and then be redirected. If the bank or country code is wrong, the transfer can be delayed, returned or reviewed manually by the banks.
Always verify the code with the recipient or receiving bank before sending a large payment. See our wrong SWIFT code guide for more detail.
Use the SWIFT/BIC validator or search the global bank code database.