SWIFT Code CSDACNB1 — CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION, BEIJING

About SWIFT Code CSDACNB1 — CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION, BEIJING

SWIFT code CSDACNB1 is the official 8-character head-office BIC (Bank Identifier Code) for CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION in BEIJING, 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 CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION for all outward international remittances from BEIJING. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CSDACNB1

The code CSDACNB1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CSDACNB1

Receiving International Wire Transfers

To receive money from abroad at your CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION account in BEIJING, share SWIFT code CSDACNB1 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 CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION, BEIJING must provide SWIFT code CSDACNB1. 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 CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION in BEIJING rely on SWIFT code CSDACNB1 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 CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION →

For cheque clearing or NACH mandates, use the MICR code for CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION →

For TDS challan deposits, find the BSR code for CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION →

How SWIFT Code CSDACNB1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CSDACNB1 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 CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CSDACNB1

• Spaces or lowercase letters — Always enter CSDACNB1 uppercase with no spaces.
• Using the wrong city — This code is for BEIJING 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 CSDACNB1 directly with CHINA SECURITIES DEPOSITORY AND CLEARING CORPORATION's BEIJING branch or via the SWIFT BIC Directory.