Detailed Guide: Using HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The URCBCN2H Business Identifier Code (BIC) is the exclusive digital signature for HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD located in HANGZHOU. Without this precise string of characters, your international wire transfer could be delayed, routed to the wrong intermediary, or returned with significant banking fees.
1. Understanding the 11-Character Logic
The code URCBCN2H is not a random sequence. It follows a strict ISO-9362
hierarchy that tells the global financial system exactly where your money needs to land:
- URCB: The Bank Code representing HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD globally.
- CN: The Country Code, identifying that the bank is regulated under China laws.
- 2H: The Location Code, usually pointing to the HANGZHOU hub.
- XXX: The Branch Code, specifying this exact physical office.
2. How to Receive Money in HANGZHOU
If you are a resident or business owner in HANGZHOU, you must provide the following information to your international sender. For transactions involving HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD, ensure these fields are filled accurately in the MT103 (SWIFT Message Type):
| Field Name | Required Value |
|---|---|
| Beneficiary Name | Your Full Legal Name |
| Account Number | IBAN or Regional Account Format |
| BIC/SWIFT | URCBCN2H |
| Destination Bank | HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD |
| Branch Location | HANGZHOU, China |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD might not be direct. Depending on the relationship between your sender's bank and the CN banking system, an "Intermediary Bank" might be involved. These banks may deduct a "Handling Fee" ranging from $15 to $50. Always ask your sender to choose the OUR instruction if they wish to cover all costs, or SHA to share the fees with you.
4. Frequently Asked Questions (Verified Answers)
What happens if I use the Head Office SWIFT instead of the HANGZHOU branch code?
In most cases, HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local URCBCN2H is recommended for faster processing
and lower risk of manual intervention.
Is URCBCN2H the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to China, the SWIFT code is the standard identifier used by the global banking network.
How can I verify if this code is still active?
The code URCBCN2H for
HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD is part of the latest directory update. We
periodically refresh our database to ensure all codes for HANGZHOU are compliant
with current financial standards.
Note: Financial data changes. While URCBCN2H is
verified for HANGZHOU UNITED RURAL COMMERCIAL BANK CO.LTD, always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
HANGZHOU, China.