SWIFT Code MGBHHKHH — MGB METRO GROUP BUYING HK LIMITED, KOWLOON

About SWIFT Code MGBHHKHH — MGB METRO GROUP BUYING HK LIMITED, KOWLOON

SWIFT code MGBHHKHH is the official 8-character head-office BIC (Bank Identifier Code) for MGB METRO GROUP BUYING HK LIMITED in KOWLOON, 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 MGB METRO GROUP BUYING HK LIMITED for all outward international remittances from KOWLOON. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MGBHHKHH

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

When to Use SWIFT Code MGBHHKHH

Receiving International Wire Transfers

To receive money from abroad at your MGB METRO GROUP BUYING HK LIMITED account in KOWLOON, share SWIFT code MGBHHKHH 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 MGB METRO GROUP BUYING HK LIMITED, KOWLOON must provide SWIFT code MGBHHKHH. 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 MGB METRO GROUP BUYING HK LIMITED in KOWLOON rely on SWIFT code MGBHHKHH 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 MGB METRO GROUP BUYING HK LIMITED →

For cheque clearing or NACH mandates, use the MICR code for MGB METRO GROUP BUYING HK LIMITED →

For TDS challan deposits, find the BSR code for MGB METRO GROUP BUYING HK LIMITED →

How SWIFT Code MGBHHKHH Routes an International Transfer

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

Common Mistakes When Using SWIFT Code MGBHHKHH

• Spaces or lowercase letters — Always enter MGBHHKHH uppercase with no spaces.
• Using the wrong city — This code is for KOWLOON 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 MGBHHKHH directly with MGB METRO GROUP BUYING HK LIMITED's KOWLOON branch or via the SWIFT BIC Directory.