SWIFT Code SZDBCNBSQDB — PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.), QINGDAO

About SWIFT Code SZDBCNBSQDB — PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.), QINGDAO

SWIFT code SZDBCNBSQDB is the official 11-character branch-specific BIC (Bank Identifier Code) for PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) 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 PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) 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 SZDBCNBSQDB

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

When to Use SWIFT Code SZDBCNBSQDB

Receiving International Wire Transfers

To receive money from abroad at your PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) account in QINGDAO, share SWIFT code SZDBCNBSQDB 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 PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.), QINGDAO must provide SWIFT code SZDBCNBSQDB. 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 PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) in QINGDAO rely on SWIFT code SZDBCNBSQDB 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 PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) →

For cheque clearing or NACH mandates, use the MICR code for PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) →

For TDS challan deposits, find the BSR code for PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) →

How SWIFT Code SZDBCNBSQDB Routes an International Transfer

1. Initiation: The sender provides SWIFT code SZDBCNBSQDB 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 PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.).
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SZDBCNBSQDB

• Spaces or lowercase letters — Always enter SZDBCNBSQDB 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 SZDBCNBSQDB directly with PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.)'s QINGDAO branch or via the SWIFT BIC Directory.