Imagine you are preparing to send an international wire transfer to HSBC Private Bank (Suisse) SA, Guernsey Branch, but find yourself puzzled by the SWIFT code. This guide will clarify the bank’s SWIFT code and help you complete your cross-border payment with confidence.
What Is a SWIFT/BIC Code?
Before diving into the specifics of HSBC Private Bank (Suisse) SA, Guernsey Branch’s SWIFT code, it’s essential to understand what a SWIFT/BIC code is. The SWIFT (Society for Worldwide Interbank Financial Telecommunication) code, also known as the BIC (Bank Identifier Code), is a unique identification number used for international bank transfers. It acts as a bank’s "international passport," ensuring funds reach the correct destination.
The SWIFT Code for HSBC Private Bank (Suisse) SA, Guernsey Branch
The primary SWIFT/BIC code for HSBC Private Bank (Suisse) SA, Guernsey Branch is: BLICGGSXXXX .
This code is structured as follows:
- BLIC: The bank code, representing HSBC Private Bank (Suisse) SA.
- GG: The country code for Guernsey.
- SX: The location code, indicating the bank’s specific branch in Guernsey.
- XXX: The branch code. If no specific branch is designated, "XXX" is used as a default.
When to Use BLICGGSXXXX
You should use the primary SWIFT code BLICGGSXXXX in the following scenarios:
- When sending an international transfer to HSBC Private Bank (Suisse) SA, Guernsey Branch.
- If the recipient has not provided a specific branch SWIFT code.
- When payments are processed centrally by the bank’s headquarters.
- As a default SWIFT code for general transactions.
Verifying the SWIFT Code’s Accuracy
Before initiating a SWIFT transfer, always double-check the code. Even minor errors can cause delays or failed transactions. You can verify the SWIFT code through the following methods:
- Contact the recipient directly for confirmation.
- Reach out to HSBC Private Bank (Suisse) SA, Guernsey Branch via phone or email.
- Use reputable online SWIFT code lookup tools (cross-check with multiple sources).
How to Fill Out a SWIFT Transfer Form
When completing a SWIFT transfer form, ensure you provide the following details:
- Sender’s information: Full name, address, and bank account number.
- Recipient’s information: Full name, address, and bank account number.
- Recipient bank details: HSBC Private Bank (Suisse) SA, Guernsey Branch’s name, address, and SWIFT code (BLICGGSXXXX).
- Transfer amount and currency: The exact sum and currency being sent.
- Purpose of payment: A brief description (e.g., "invoice payment" or "family support").
- Additional details: Any extra information required by the bank, such as tax identification numbers.
Frequently Asked Questions
Q: Does HSBC Private Bank (Suisse) SA, Guernsey Branch have other SWIFT codes?
A: While BLICGGSXXXX is the primary code, the bank may use additional codes for specific services or branches. Confirm with the recipient or bank if unsure.
Q: What happens if I enter the wrong SWIFT code?
A: An incorrect SWIFT code may delay the transfer, result in a refund, or, in rare cases, lead to lost funds. Always verify the code beforehand.
Q: How long does a SWIFT transfer take?
A: Processing times vary based on the banks involved, currency, and intermediary banks. Typically, transfers take 1–5 business days.
Q: What are the fees for a SWIFT transfer?
A: Fees depend on the sending bank, intermediary banks, and the recipient bank. Check with your bank for exact charges.
Receiving International Transfers
If you expect an incoming transfer to your HSBC Private Bank (Suisse) SA, Guernsey Branch account, provide the sender with:
- Your full name and address.
- Your bank account number.
- The bank’s name, address, and SWIFT code (BLICGGSXXXX).
Conclusion
Understanding the correct SWIFT code for HSBC Private Bank (Suisse) SA, Guernsey Branch is crucial for seamless cross-border transactions. By ensuring accuracy and providing complete details, you can facilitate secure and timely transfers. For further clarification, consult your bank or the recipient.
Appendix: Bank Details
- Bank Name: HSBC Private Bank (Suisse) SA, Guernsey Branch
- SWIFT Code: BLICGGSXXXX
- Address: Arnold House, St Julian's Avenue
- City: St. Peter Port
- Country: Guernsey