SWIFT Code CTBACNSH — COMMONWEALTH BANK OF AUSTRALIA, SHANGHAI

About SWIFT Code CTBACNSH — COMMONWEALTH BANK OF AUSTRALIA, SHANGHAI

SWIFT code CTBACNSH is the official 8-character head-office BIC (Bank Identifier Code) for COMMONWEALTH BANK OF AUSTRALIA in SHANGHAI, 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 COMMONWEALTH BANK OF AUSTRALIA for all outward international remittances from SHANGHAI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CTBACNSH

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

When to Use SWIFT Code CTBACNSH

Receiving International Wire Transfers

To receive money from abroad at your COMMONWEALTH BANK OF AUSTRALIA account in SHANGHAI, share SWIFT code CTBACNSH 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 COMMONWEALTH BANK OF AUSTRALIA, SHANGHAI must provide SWIFT code CTBACNSH. 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 COMMONWEALTH BANK OF AUSTRALIA in SHANGHAI rely on SWIFT code CTBACNSH 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 COMMONWEALTH BANK OF AUSTRALIA →

For cheque clearing or NACH mandates, use the MICR code for COMMONWEALTH BANK OF AUSTRALIA →

For TDS challan deposits, find the BSR code for COMMONWEALTH BANK OF AUSTRALIA →

How SWIFT Code CTBACNSH Routes an International Transfer

1. Initiation: The sender provides SWIFT code CTBACNSH 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 COMMONWEALTH BANK OF AUSTRALIA.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: COMMONWEALTH BANK OF AUSTRALIA receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CTBACNSH

• Spaces or lowercase letters — Always enter CTBACNSH uppercase with no spaces.
• Using the wrong city — This code is for SHANGHAI 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 CTBACNSH directly with COMMONWEALTH BANK OF AUSTRALIA's SHANGHAI branch or via the SWIFT BIC Directory.