SWIFT Code SZDBCNBSWHB — PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.), WUHAN

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

SWIFT code SZDBCNBSWHB is the official 11-character branch-specific BIC (Bank Identifier Code) for PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) in WUHAN, 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 WUHAN. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code SZDBCNBSWHB

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

When to Use SWIFT Code SZDBCNBSWHB

Receiving International Wire Transfers

To receive money from abroad at your PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.) account in WUHAN, share SWIFT code SZDBCNBSWHB 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.), WUHAN must provide SWIFT code SZDBCNBSWHB. 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 WUHAN rely on SWIFT code SZDBCNBSWHB 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 SZDBCNBSWHB Routes an International Transfer

1. Initiation: The sender provides SWIFT code SZDBCNBSWHB 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 SZDBCNBSWHB

• Spaces or lowercase letters — Always enter SZDBCNBSWHB uppercase with no spaces.
• Using the wrong city — This code is for WUHAN 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 SZDBCNBSWHB directly with PING AN BANK CO., LTD. (FORMERLY SHENZHEN DEVELOPMENT BANK CO.,LTD.)'s WUHAN branch or via the SWIFT BIC Directory.