Bank of Communications SWIFT Code: COMMCNSH

Bank of Communications SWIFT Code: COMMCNSH

The SWIFT/BIC code for Bank of Communications (BoCom) is COMMCNSH. COMM identifies the bank, CN stands for China, and SH is the Shanghai location code. This code routes international wire transfers to BoCom accounts across mainland China.

Bank of Communications is the fifth-largest commercial bank in China by total assets, established in 1908. HSBC Holdings is a strategic shareholder with approximately 19% ownership. BoCom is headquartered in Shanghai and operates over 3,200 domestic branches with offices in 17 countries.

Shanghai-Based Trade Finance

BoCom's Shanghai headquarters positions it at the center of China's trade finance activity. The bank processes letters of credit, trade guarantees, and documentary collections for exporters and importers operating through Shanghai's port — the world's busiest container port by TEU volume.

International wires in USD, EUR, and JPY settle within 2 to 3 business days. BoCom's HSBC partnership provides efficient routing for GBP and HKD transfers. The bank participates in the Shanghai Free Trade Zone financial pilot programs, offering simplified FX procedures for qualified enterprises.

BoCom Wire Transfer Costs

BoCom charges CNY 100 to CNY 200 for incoming international wires. Outgoing international transfer fees range from CNY 80 to CNY 150 per transaction, with an additional cable charge of CNY 80 to CNY 150. Corporate clients with high monthly volumes can negotiate discounted fee schedules.

The bank's FX conversion rates follow PBOC guidelines for trade-related transactions. For capital account transfers, BoCom's treasury desk provides spot and forward rates with spreads that vary by currency pair and transaction size.

How Slash fits in

Slash connects your BoCom payment activity to your international treasury dashboard. Trade finance settlements, RMB wire transfers, and Shanghai FTZ transactions through COMMCNSH are tracked with real-time conversion data and status updates.