SWIFT Code LGDICNS1 — LG DISPLAY YANTAI CO., LTD., YANTAI

About SWIFT Code LGDICNS1 — LG DISPLAY YANTAI CO., LTD., YANTAI

SWIFT code LGDICNS1 is the official 8-character head-office BIC (Bank Identifier Code) for LG DISPLAY YANTAI CO., LTD. in YANTAI, 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 LG DISPLAY YANTAI CO., LTD. for all outward international remittances from YANTAI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code LGDICNS1

The code LGDICNS1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code LGDICNS1

Receiving International Wire Transfers

To receive money from abroad at your LG DISPLAY YANTAI CO., LTD. account in YANTAI, share SWIFT code LGDICNS1 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 LG DISPLAY YANTAI CO., LTD., YANTAI must provide SWIFT code LGDICNS1. 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 LG DISPLAY YANTAI CO., LTD. in YANTAI rely on SWIFT code LGDICNS1 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 LG DISPLAY YANTAI CO., LTD. →

For cheque clearing or NACH mandates, use the MICR code for LG DISPLAY YANTAI CO., LTD. →

For TDS challan deposits, find the BSR code for LG DISPLAY YANTAI CO., LTD. →

How SWIFT Code LGDICNS1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code LGDICNS1 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 LG DISPLAY YANTAI CO., LTD..
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: LG DISPLAY YANTAI CO., LTD. receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code LGDICNS1

• Spaces or lowercase letters — Always enter LGDICNS1 uppercase with no spaces.
• Using the wrong city — This code is for YANTAI 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 LGDICNS1 directly with LG DISPLAY YANTAI CO., LTD.'s YANTAI branch or via the SWIFT BIC Directory.