SWIFT Code IDFMHKH1 — IDS FUND MANAGEMENT LIMITED, HONG KONG

About SWIFT Code IDFMHKH1 — IDS FUND MANAGEMENT LIMITED, HONG KONG

SWIFT code IDFMHKH1 is the official 8-character head-office BIC (Bank Identifier Code) for IDS FUND MANAGEMENT LIMITED in HONG KONG, Hong Kong. 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 IDS FUND MANAGEMENT LIMITED for all outward international remittances from HONG KONG. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IDFMHKH1

The code IDFMHKH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IDFMHKH1

Receiving International Wire Transfers

To receive money from abroad at your IDS FUND MANAGEMENT LIMITED account in HONG KONG, share SWIFT code IDFMHKH1 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 IDS FUND MANAGEMENT LIMITED, HONG KONG must provide SWIFT code IDFMHKH1. 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 IDS FUND MANAGEMENT LIMITED in HONG KONG rely on SWIFT code IDFMHKH1 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 IDS FUND MANAGEMENT LIMITED →

For cheque clearing or NACH mandates, use the MICR code for IDS FUND MANAGEMENT LIMITED →

For TDS challan deposits, find the BSR code for IDS FUND MANAGEMENT LIMITED →

How SWIFT Code IDFMHKH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code IDFMHKH1 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 IDS FUND MANAGEMENT LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: IDS FUND MANAGEMENT LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IDFMHKH1

• Spaces or lowercase letters — Always enter IDFMHKH1 uppercase with no spaces.
• Using the wrong city — This code is for HONG KONG 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 Hong Kong.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm IDFMHKH1 directly with IDS FUND MANAGEMENT LIMITED's HONG KONG branch or via the SWIFT BIC Directory.