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Value of swift codes in International business?
Post 12 of 21
Replying to [Aussie]:
That cost me US$100.000 . Thanks to JPMorgan and DBS Singapore So its not fool profe,, Its used by scamers world wide
Once it goes off via swift you have lost it . at least with Pay Pal and W / Union it can be stoped..
27 Feb 2007 05:10
Post 13 of 21
Replying to [grigo]: im new to this system, if you have any good advice for beginner, can you reply with some, thanks, and this is what i do.


, start off with any vision, then personally, get your ID, ssn# bankaccount, zoning permit, business lic, seller permitt, fiticious name, fiticious ad, yellow page, fed x, chamber of commerce, ascap.com, u.s copyright office, closeoutnews import and export world wide whole sale guide, cd baby, photo shop cs2, ps print, film baby, renter insurance, paypal, payloadz, snocap, local media, local school, college, community churches, city council, or elected official, once finishing these steps, you can continue at home or find a commercial build, go to the fire department, human health service, and then take them clearance paper down to your local business and then get ready for your grand opening, my email ocan20005@yahoo.com
12 Mar 2007 17:45
Post 14 of 21
Replying to [Harjeet]:

In international transactions, money is transferred, initially, from bank to bank. All international money transfers in US Dollars, throug a bank, require SWIFT code which is stored for every financial institution at New Yark. All banks who have SWIFT Code must have their Corresponding Bank at New Yark as all the transcations in US Dollar are routed through New Yark which is center for USA monetory institutions who keep a check on all money transfer throughout the world.

SWIFT is a banking route for money transfers and it make funds tranfer accurate and speedy. When you will give SWIFT code with your bank information, the route of money transfer will be syncronized at New Yark between Corresponding Banks of the both parties and the money will be ultimately sent to your bank account.

In case, you don't give SWIFT code with your bank information, the remitting bank's Corresponding Bank at New Yark will send money to it's any representative in your country and you will have to wait for a long time for money coming to your own bank account.
12 Mar 2007 20:57
Post 15 of 21
spring007
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Overall Ranking MVP:128 Rank:3,447
Replying to [Harjeet]:SWIFT is for short of “Society Worldwide Interbank Financial Telecommunication. each member have their own swift code.swift code like an id of each bank.when when pay money ,you can use the swift code of the bank.


the webside for checking Swift Codeof each bank
http://www.swift.com/biconline/index.cfm?fuseaction=display_freesearch

make the name of the City heading(like dalian),chose CHINA,enter Search?

you will see ? N° BIC code Swift: Institution : Branch name : City heading

1 ABOCCNBJ340 AGRICULTURAL BANK OF CHINA, THE (DALIAN BRANCH) DALIAN

2 BEASCNSHDLN BANK OF EAST ASIA LIMITED, THE (DALIAN BRANCH) DALIAN 3 BKCHCNBJ810 BANK OF CHINA (LIAONING BRANCH) DALIAN
BIC coad is swift code

http://www.swift.com/biconline/index.cfm
http://www.swift.com/
and i make some swift code of china bank for you .
China Merchants Bank:

Branch Name swift code
Head Office Shenzhen CMBCCNBS
Bank of China:
Branch Name swift code
Beijing Branch BKCHCNBJ110
Shanghai Branch BKCHCNBJ300
Tianjin Branch BKCHCNBJ200
Chongqing Branch BKCHCNBJ59A
Shenzhen Branch BKCHCNBJ45A
Anhui Branch BKCHCNBJ780
Fujian Branch BKCHCNBJ720
Gansu Branch BKCHCNBJ660
Guangdong Branch BKCHCNBJ400
guangxi Branch BKCHCNBJ480
Guizhou Branch BKCHCNBJ240
Hainan Branch BKCHCNBJ740
Hebei Branch BKCHCNBJ220
Heilongjiang Branch BKCHCNBJ860
Henan Branch BKCHCNBJ530
Hubei Branch BKCHCNBJ600
Hunan Branch BKCHCNBJ970
Neimeng Branch BKCHCNBJ880
Jiangsu Branch BKCHCNBJ940
Jiangxi Branch BKCHCNBJ550
Jilin Branch BKCHCNBJ840
Liaoning Branch BKCHCNBJ810
Ningxia Branch BKCHCNBJ260
Qinghai Branch BKCHCNBJ280
shanxi Branch shanxi BKCHCNBJ620
Shandong Branch BKCHCNBJ500
shanxi Branch shanxi BKCHCNBJ680
Sichuan Branch BKCHCNBJ570
Xizang Branch BKCHCNBJ900
Xinjiang Branch BKCHCNBJ760
Yunnan Branch BKCHCNBJ640
Zhejiang Branch BKCHCNBJ910


[em10][em10]
12 Mar 2007 22:20
Post 16 of 21
spring007
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Overall Ranking MVP:128 Rank:3,447
Replying to [Harjeet]:they can be use between banks[em10]
13 Mar 2007 00:21
Post 17 of 21
Replying to [Harjeet]:A swift code is very important for a business if your company/firm receives funds from abroad. A swift code is meant for receiving foreign currency through a legal procedure.
13 Mar 2007 22:28
Post 18 of 21
Replying to [KILOIA]:
Agree with you
13 Mar 2007 23:11
Post 19 of 21
M K PODDAR
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Overall Ranking MVP:52 Rank:119,226
After revolation in the field of Banking Sector usually all banker are adopted the swift system and forget the Telex because it is fast and very economical than others. Only financial Institutions become a member. It has International format and transactions are authenticated as their own SWIFT ADDRESS like Telex Numer, are authenticated. LC advice and financial transactions are transfered SWIFT.
14 Mar 2007 07:51
Post 20 of 21
Replying to [grigo]:ues of swift is very importent. As for the timely reach of the forigine suplier or for the Buyer remmitans
16 Mar 2007 10:24
Post 21 of 21
Replying to [curdrice]:

The head office of SWIFT is in Belgium.
22 Mar 2007 20:30
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