SWIFT Code MEGSHKH1 — MEGABASE SECURITIES LIMITED, WAN CHAI

About SWIFT Code MEGSHKH1 — MEGABASE SECURITIES LIMITED, WAN CHAI

SWIFT code MEGSHKH1 is the official 8-character head-office BIC (Bank Identifier Code) for MEGABASE SECURITIES LIMITED in WAN CHAI, 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 MEGABASE SECURITIES LIMITED for all outward international remittances from WAN CHAI. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MEGSHKH1

The code MEGSHKH1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MEGSHKH1

Receiving International Wire Transfers

To receive money from abroad at your MEGABASE SECURITIES LIMITED account in WAN CHAI, share SWIFT code MEGSHKH1 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 MEGABASE SECURITIES LIMITED, WAN CHAI must provide SWIFT code MEGSHKH1. 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 MEGABASE SECURITIES LIMITED in WAN CHAI rely on SWIFT code MEGSHKH1 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 MEGABASE SECURITIES LIMITED →

For cheque clearing or NACH mandates, use the MICR code for MEGABASE SECURITIES LIMITED →

For TDS challan deposits, find the BSR code for MEGABASE SECURITIES LIMITED →

How SWIFT Code MEGSHKH1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MEGSHKH1 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 MEGABASE SECURITIES LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MEGABASE SECURITIES LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MEGSHKH1

• Spaces or lowercase letters — Always enter MEGSHKH1 uppercase with no spaces.
• Using the wrong city — This code is for WAN CHAI 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 MEGSHKH1 directly with MEGABASE SECURITIES LIMITED's WAN CHAI branch or via the SWIFT BIC Directory.