SWIFT Code PUSBCNBQ — BUSAN BANK QINGDAO BRANCH, QINGDAO

About SWIFT Code PUSBCNBQ — BUSAN BANK QINGDAO BRANCH, QINGDAO

SWIFT code PUSBCNBQ is the official 8-character head-office BIC (Bank Identifier Code) for BUSAN BANK QINGDAO BRANCH in QINGDAO, China. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by BUSAN BANK QINGDAO BRANCH for all outward international remittances from QINGDAO. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code PUSBCNBQ

The code PUSBCNBQ follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code PUSBCNBQ

Receiving International Wire Transfers

To receive money from abroad at your BUSAN BANK QINGDAO BRANCH account in QINGDAO, share SWIFT code PUSBCNBQ with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at BUSAN BANK QINGDAO BRANCH, QINGDAO must provide SWIFT code PUSBCNBQ. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using BUSAN BANK QINGDAO BRANCH in QINGDAO rely on SWIFT code PUSBCNBQ for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for BUSAN BANK QINGDAO BRANCH →

For cheque clearing or NACH mandates, use the MICR code for BUSAN BANK QINGDAO BRANCH →

For TDS challan deposits, find the BSR code for BUSAN BANK QINGDAO BRANCH →

How SWIFT Code PUSBCNBQ Routes an International Transfer

1. Initiation: The sender provides SWIFT code PUSBCNBQ and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to BUSAN BANK QINGDAO BRANCH.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BUSAN BANK QINGDAO BRANCH receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code PUSBCNBQ

• Spaces or lowercase letters — Always enter PUSBCNBQ uppercase with no spaces.
• Using the wrong city — This code is for QINGDAO only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within China.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm PUSBCNBQ directly with BUSAN BANK QINGDAO BRANCH's QINGDAO branch or via the SWIFT BIC Directory.