PONCHKHH XXX

A SWIFT code is a unique identifier used to recognize banks and financial institutions around the world for international money transfers. SWIFT stands for Society for Worldwide Interbank Financial Telecommunication. These codes help ensure that payments are routed to the correct bank and country. A typical SWIFT code is either 8 or 11 characters long and includes information about the bank, country, location, and sometimes a specific branch.

Not always. Some banks use a single SWIFT code (usually the head office code ending in XXX) for all branches. Others assign unique SWIFT codes to individual branches, often with specific last three characters. If the recipient provides a branch-specific code, it’s best to use it—it may help speed up processing or ensure the payment reaches the correct location faster.

You should use PONCHKHHXXX when sending or receiving international wire transfers to PAO BANK LIMITED at the above listed city and address. It identifies the recipient’s bank and branch, especially when sending funds across borders via the SWIFT network. Some countries and payment types may not require a SWIFT code, so always check with your recipient or bank before initiating the transfer.

The SWIFT/BIC code PONCHKHHXXX is for PAO BANK LIMITED international transfers. Here's a breakdown of what each part of the code means:

• PONC – This is the bank code, representing PAO BANK LIMITED

• HK – This is the country code, showing the bank is located in Hong Kong

• HH – This is the location code, indicating the bank’s head office

• XXX – This is the branch code, and when it appears as 'XXX', it refers to the main office or primary branch

Yes, PAO BANK LIMITED may operate multiple branches. Each branch may serve different regions, offer varying services, and—when it comes to international wire transfers—some may even use distinct SWIFT codes. It's important to identify the specific branch your account is held at when providing payment instructions.

If you use the wrong SWIFT code, your payment might be delayed, misrouted, or even rejected by the receiving bank. In some cases, the funds may be returned to the sender, and additional fees could apply. Always make sure the SWIFT code matches either your branch or the official head office code. If you’re unsure, contact PAO BANK LIMITED before the transfer is made.