Bank Code Verified


Swift Code: FJIBCNBA520




Postcode: 230000

Country: China

Anto Swift Codes: Explaining the purpose and importance of Swift codes

In the ever-evolving world of international finance, efficient and secure communication between financial institutions is of utmost importance. One key element in this communication is the use of Swift codes.

These codes, which are assigned to each bank, play a crucial role in facilitating smooth international transactions. In this article, we will delve into the purpose and importance of Swift codes, exploring how they enable seamless connections between banks worldwide.

Understanding the Swift Code System

Before we dive into the significance of Swift codes, let’s first grasp what they exactly are. A Swift code, also known as a Bank Identifier Code (BIC), is a unique identification code for financial institutions.

It consists of a combination of letters and numbers, which provide specific information about a bank, such as its country, city, and branch. For instance, let’s take a look at the Swift code “FJIBCNBA520”.

The first four letters, “FJIB,” represent the bank code, in this case, INDUSTRIAL BANK CO. LTD.

The next two letters, “CN,” indicate the country, which is China. The following three letters, “NBA,” denote the city, in this example, HEFEI.

Lastly, the three numbers, “520,” signify the specific branch, the HEFEI BRANCH. This systematic approach in Swift codes allows for quicker identification and reduces the chances of errors in routing.

Benefits of Swift Codes

Swift codes are a vital tool in international banking due to their numerous benefits. Let’s explore the significant advantages they offer:


Secure and Efficient Transactions: Swift codes provide a secure and reliable method of communication between banks during transactions. As financial institutions need to transfer large sums of money across borders, it is crucial to ensure safety and accuracy.

Swift codes enable encrypted messaging, minimizing the risk of fraudulent activities and ensuring the smooth flow of funds. 2.

Global Connectivity: Thanks to Swift codes, banks can connect seamlessly with each other on a global scale. These codes act as a common language, allowing financial institutions from different countries to communicate and conduct transactions efficiently.

This global connectivity is particularly crucial in today’s interconnected world, where businesses operate internationally and rely on streamlined money transfers. 3.

Reduced Processing Time: In the absence of Swift codes, banks would have to rely on traditional methods of communication, such as physical mail or telephone calls, to exchange vital information. This manual process can be time-consuming and prone to errors.

However, with Swift codes, banks can transmit information electronically, significantly reducing processing time and increasing efficiency. 4.

Standardized Format: Swift codes adhere to a standardized format, making them easy to decipher and understand, regardless of the bank or country involved. This uniformity ensures smooth communication between financial institutions, eliminating confusion and potential delays in transactions.

5. Expansion Opportunities: Swift codes open doors for banks to expand their reach and establish connections with new financial institutions globally.

By having a unique Swift code, banks can access the Swift network and engage in business with other members. This network provides countless opportunities for collaboration, enabling banks to tap into new markets and serve a wider range of clients.

Role of the Given Swift Code

Now, let’s delve into the specific Swift code provided: FJIBCNBA520. It belongs to the INDUSTRIAL BANK CO.

LTD., one of China’s leading financial institutions. The Swift code indicates that the bank is located in HEFEI, a city in China’s Anhui province.

Furthermore, the code “520” identifies the specific branch, the HEFEI BRANCH. This Swift code plays a crucial role in connecting the INDUSTRIAL BANK CO.

LTD. with other banks across the globe.

It allows for secure communication, enabling the bank to conduct international transactions efficiently, effectively linking businesses and individuals from different parts of the world. In conclusion, Swift codes are an integral part of the international banking system, facilitating secure and seamless communication between financial institutions.

They ensure efficient transactions, enable global connectivity, reduce processing time, and provide expansion opportunities. The Swift code FJIBCNBA520, assigned to the INDUSTRIAL BANK CO.

LTD. in HEFEI, China, exemplifies the significance of these codes in connecting banks worldwide.

With their standardized format and unique identification capabilities, Swift codes have revolutionized international finance, ensuring the smooth flow of funds across borders. Topic 3: Unveiling INDUSTRIAL BANK CO., LTD.


In this section, we will delve into the details of INDUSTRIAL BANK CO., LTD. This financial institution, headquartered in China, plays a significant role in the country’s banking sector.

We will explore its history, services, and its commitment to providing quality banking solutions to its customers. HISTORY OF INDUSTRIAL BANK CO., LTD.

INDUSTRIAL BANK CO., LTD., commonly known as Industrial Bank, was established in 1988. It originated as a small rural credit cooperative in Fuzhou, Fujian Province, China.

Over the years, through strategic expansions and partnerships, the bank has grown into one of the leading financial institutions in the country. With its headquarters in Fuzhou, Industrial Bank has established a strong presence domestically and has also expanded its reach in the international market.

SERVICES OFFERED BY INDUSTRIAL BANK CO., LTD. Industrial Bank provides a comprehensive range of financial services to its customers, including individuals, corporations, and government entities.

Some of their key services include:

1. Retail Banking: Industrial Bank offers a wide range of retail banking solutions, including personal loans, savings accounts, credit cards, and wealth management products.

With a customer-centric approach, the bank aims to meet the diverse financial needs and aspirations of individuals. 2.

Corporate Banking: Industrial Bank provides tailored financial services to corporate clients, including corporate loans, trade financing, cash management, and risk management solutions. The bank’s expertise in corporate finance and its strong network of domestic and international partners contribute to its ability to support businesses in achieving their financial goals.

3. Investment Banking: With a dedicated investment banking division, Industrial Bank assists its clients in accessing capital markets, facilitating initial public offerings (IPOs), debt issuance, mergers and acquisitions, and other investment banking services.

This division plays a crucial role in supporting the growth and development of businesses in China’s rapidly evolving economy. 4.

Asset Management: Industrial Bank offers a range of asset management options, enabling clients to invest in various financial products, such as mutual funds, fixed-income securities, and equities. Through their expertise and research capabilities, the bank’s asset management division aims to provide efficient investment solutions and maximize returns for their clients.

5. International Banking: Industrial Bank has embraced globalization and expanded its reach beyond China’s borders.

With its international banking services, the bank assists clients in cross-border transactions, trade finance, foreign currency exchange, and international remittances. This enables businesses and individuals to engage in global trade and investment activities seamlessly.


Industrial Bank is driven by a commitment to customer satisfaction. The bank strives to provide excellent customer service, ensuring that clients receive personalized attention and prompt assistance in their banking needs.

With a focus on technological innovation, Industrial Bank has embraced digital transformation, making banking accessible and convenient for its customers. Through user-friendly mobile banking apps and online platforms, clients can easily manage their accounts, conduct transactions, and access a wide range of banking services from the comfort of their homes or offices.


Industrial Bank recognizes its role in contributing to society and the environment. The bank actively engages in various social responsibility and sustainability initiatives.

It supports community development projects, educational programs, and environmental conservation efforts. Additionally, Industrial Bank integrates environmental, social, and governance (ESG) factors into its business operations, ensuring sustainable growth and creating a positive impact on society.


As one of China’s leading financial institutions, INDUSTRIAL BANK CO., LTD. has established itself as a reliable and customer-centric bank.

With a comprehensive range of services, a commitment to technological innovation, and a dedication to social responsibility, Industrial Bank continues to play a vital role in supporting individuals, businesses, and communities in China and beyond. Through their Swift code, “FJIBCNBA520,” the bank connects with partners worldwide, contributing to the global banking landscape and facilitating seamless international transactions.

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