Bank Code Verified







Postcode: 230000

Country: China

Anto Swift Codes

Imagine sending money to a friend or family member overseas. You go to your bank, provide the necessary information, and expect the transaction to go smoothly.

But have you ever wondered how your bank communicates with the recipient’s bank across borders? That’s where Swift codes come into play.

In this article, we will explore the purpose and importance of Swift codes in international banking, focusing on how they facilitate secure and efficient transactions. So, let’s embark on this informative journey!

Understanding Swift Codes

To put it simply, a Swift code is an internationally recognized bank identifier. It acts as a unique address for financial institutions to communicate with each other.

Swift codes are also known as Bank Identifier Codes (BICs). These codes consist of a combination of letters and numbers and vary in length, depending on the country and bank.

The Purpose of Swift Codes

The primary purpose of Swift codes is to ensure accuracy and efficiency in international financial transactions. By providing a standardized format for identifying banks worldwide, Swift codes eliminate potential errors or delays caused by incorrect bank information.

When you provide the recipient’s Swift code, you guarantee that your money will reach its destination reliably and promptly.

Connecting with Financial Institutions

Swift codes play a crucial role in establishing connections between different financial institutions across the globe. They act as a password, granting access for banks to communicate securely and share essential information related to transactions.

It’s like the secret handshake of the banking world, ensuring that every participant is legitimate and authorized.

Efficient and Secure International Transactions

One of the key reasons why Swift codes are significant is their contribution to secure and efficient international transactions. When a Swift code is used, it enables banks to transmit information securely, eliminating the risk of interception, fraud, or misinformation.

This level of security is of utmost importance, especially in today’s world where cybercrime and financial fraud are rampant.

The Importance of Swift Codes

Swift codes are vital not only for banks but also for businesses and individuals engaged in international transactions. They simplify the process, providing a standard format that is universally recognized and accepted.

Without Swift codes, each financial institution would have its own way of identifying banks, causing confusion and delays in transfers.

Connecting the World of Banking

In today’s interconnected world, where borders are no longer barriers, Swift codes play a pivotal role in connecting the global banking community. They enable banks from different countries to collaborate seamlessly, making cross-border transfers hassle-free.

With a Swift code, banking transactions become efficient, reliable, and convenient for all parties involved. The Unique Swift Code: HZCBCN2HHFB

Now let’s zoom in on a specific Swift code: HZCBCN2HHFB.

This code belongs to the Bank of Hangzhou Co., Ltd, formerly known as Hangzhou City Commercial Bank Co., Ltd. It is based in Hefei, China, with its branch located in Hefei as well.

The postcode for this bank is 230000.


In conclusion, Swift codes are essential in international banking to ensure accurate and secure transactions. They act as unique identifiers, facilitating efficient communication between financial institutions worldwide.

Swift codes play a crucial role in connecting the global banking community, making cross-border transactions straightforward and reliable. So, the next time you send money abroad, remember the significance of Swift codes in making the process smooth and secure.


In the vast world of banking, the name BANK OF HANGZHOU CO., LTD (FORMERLY HANGZHOU CITY COMMERCIAL BANK CO., LTD) may not immediately ring a bell. However, this Chinese bank holds a significant presence in the financial sector, and it is worth shedding light on its background and operations.

BANK OF HANGZHOU CO., LTD was originally known as Hangzhou City Commercial Bank Co., Ltd. It underwent a name change to reflect its expansion and rebranding efforts.

Founded in 1996, this bank has deep roots in Hangzhou, a rapidly growing city located in eastern China. Headquartered in Hefei, BANK OF HANGZHOU CO., LTD operates various branches across China, including the Hefei branch that corresponds to the Swift code HZCBCN2HHFB.

As one of the leading regional commercial banks in the country, BANK OF HANGZHOU CO., LTD has established a strong presence and earned a solid reputation for its financial services. While BANK OF HANGZHOU CO., LTD provides a wide range of services like most banks, it specializes in serving small and medium-sized enterprises (SMEs).

Recognizing the importance of nurturing local businesses, the bank offers customized financial solutions tailored to meet the specific needs of SMEs.

The services provided by BANK OF HANGZHOU CO., LTD include corporate banking, personal banking, and treasury operations. Corporate banking encompasses services such as loans, trade financing, project financing, and cash management.

The bank aims to support businesses and help them thrive by providing access to capital and financial expertise. In the realm of personal banking, BANK OF HANGZHOU CO., LTD offers various financial products and services to individuals.

These include deposit accounts, credit cards, personal loans, and wealth management solutions. Through its personal banking services, the bank strives to enhance the financial well-being of individuals and help them achieve their financial goals.

Additionally, BANK OF HANGZHOU CO., LTD engages in treasury operations, which involve managing the bank’s own funds and investments. This includes activities such as trading in foreign currencies, money market instruments, and other financial instruments.

The bank leverages its expertise in treasury operations to optimize its own financial performance and generate income. With its commitment to customer satisfaction, BANK OF HANGZHOU CO., LTD focuses on delivering high-quality services and innovative solutions.

It continuously invests in technology and digitalization to enhance its operational efficiency and improve the customer experience. These efforts align with the bank’s vision of becoming a leading digital bank, catering to the evolving needs of its customers in an increasingly digital world.

BANK OF HANGZHOU CO., LTD is regulated by the China Banking and Insurance Regulatory Commission (CBIRC), ensuring compliance with financial regulations and industry standards. This regulatory oversight promotes stability and trust in the bank, reaffirming its commitment to the highest ethical and professional standards.

In summary, BANK OF HANGZHOU CO., LTD (FORMERLY HANGZHOU CITY COMMERCIAL BANK CO., LTD) is a prominent Chinese bank that has grown from its local roots to become a trusted financial institution. With a focus on supporting small and medium-sized enterprises, the bank offers a range of services, including corporate banking, personal banking, and treasury operations.

By emphasizing customer satisfaction and embracing digitalization, BANK OF HANGZHOU CO., LTD remains diligent in its pursuit of becoming a leading player in the banking industry. Topic 4: Common Uses of Swift Codes

Now that we have explored the purpose and significance of Swift codes, it is essential to delve into their common uses.

Understanding how Swift codes are utilized in various financial transactions provides further insight into their importance and practicality. 1.

International Wire Transfers: When initiating an international wire transfer, the sender’s bank requires the recipient’s Swift code. This code acts as the unique identifier for the recipient’s bank, ensuring that the funds reach the correct financial institution seamlessly.

Whether it’s sending money to a loved one overseas or conducting business transactions with international partners, Swift codes play a crucial role in facilitating secure and efficient transfers. 2.

Correspondent Banking: Correspondent banking involves the cooperation between different financial institutions to provide services to their respective customers. Swift codes are used to enable seamless communication and transactions between these institutions.

When a bank acts as a correspondent for another institution, their Swift codes are exchanged, allowing them to identify and connect with one another when processing cross-border transactions on behalf of their customers. 3.

Foreign Exchange Activities: Swift codes are also utilized in foreign exchange activities, where currencies are exchanged between banks or financial institutions. These codes assist in identifying the banks involved in currency trades and settlements, promoting transparency and efficiency in the foreign exchange market.

4. Interbank Communication: Swift codes serve as the backbone of interbank communication globally.

Banks use Swift codes to send and receive messages related to transactions, account information, and other crucial data. This standardized system ensures swift and accurate communication between financial institutions, avoiding errors and delays that could hamper the efficiency of global banking operations.

5. Merchant Transactions: Swift codes are sometimes used in merchant transactions, especially when dealing with international merchants.

By providing their Swift code, merchants can ensure that the funds from customer payments are directed to the correct bank and account, simplifying the reconciliation process and reducing the risk of errors or misallocations. 6.

Account Verification: Swift codes are often requested by banks or financial institutions to verify the authenticity of accounts when dealing with international customers or entities. By using the Swift code, the bank can confirm the validity of the account and the corresponding financial institution, adding an extra layer of security and certainty.

In conclusion, Swift codes find common usage in various aspects of international banking and financial activities. From international wire transfers to correspondent banking and foreign exchange operations, these codes ensure the accuracy, efficiency, and security of transactions.

Whether it is facilitating interbank communication or verifying account details, Swift codes have become an integral part of the global banking ecosystem, simplifying and streamlining processes for financial institutions and customers alike.

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