Introduction
In today's global economy, knowing the SWIFT code of your bank is essential for conducting international transactions. This article provides you with the necessary information for CHINA FOREIGN EXCHANGE TRADE SYSTEM located in China.
Bank Information
- Bank Name : CHINA FOREIGN EXCHANGE TRADE SYSTEM
- City : SHANGHAI
- Branch :
- SWIFT Code : XCFECNS1
- Country : China
Why Is the SWIFT Code Important?
The SWIFT code is a unique identifier for banks and financial institutions. It ensures that your money reaches the correct destination without any delays. Using the correct SWIFT code is crucial for:
- International wire transfers
- Currency conversions
- Secure banking transactions
How to Use the SWIFT Code
To use the SWIFT code for your transactions:
- Contact your bank and confirm the SWIFT code.
- Provide the SWIFT code along with your account details when initiating a transfer.
- Double-check the information to avoid any errors.
