CITIC Bank SWIFT Code: CIBKCNBJ

The SWIFT/BIC code for China CITIC Bank is CIBKCNBJ. CIBK identifies CITIC Bank, CN stands for China, and BJ is the Beijing location code. This code routes international wire transfers to CITIC Bank accounts across mainland China.

China CITIC Bank is a mid-tier national commercial bank, part of the CITIC Group (China International Trust Investment Corporation). The bank ranks among the top 10 Chinese banks by assets and operates over 1,400 branches domestically with offices in Hong Kong, New York, London, and Singapore.

Cross-Border RMB Settlements

CITIC Bank is an active participant in China's cross-border RMB internationalization program. The bank processes trade-related RMB payments under the CIPS (Cross-Border Interbank Payment System) and handles capital account RMB flows for qualified foreign institutional investors.

Incoming USD and EUR wires to CITIC Bank settle within 2 to 3 business days. RMB wire transfers from Hong Kong (offshore CNH) to mainland CITIC accounts (onshore CNY) clear within 1 to 2 business days through the CNAPS network. SAFE (State Administration of Foreign Exchange) reporting is required for all foreign currency transactions.

CITIC Bank Transfer Fees

CITIC Bank charges CNY 100 to CNY 250 for incoming international wires and CNY 80 to CNY 150 per transaction for outgoing international transfers, plus a cable fee of approximately CNY 100. PBOC (People's Bank of China) regulations cap the markup on FX conversions for trade-related transactions.

CITIC Bank offers preferential rates for cross-border RMB payments tied to trade invoices. The bank's e-banking platform supports online initiation of international wires for corporate clients with pre-approved FX quotas.

How Slash fits in

Slash tracks your CITIC Bank wires and RMB settlement flows in real time. Cross-border payments routed through CIBKCNBJ are logged with FX rate snapshots and SAFE compliance data, keeping your China treasury operations visible.

CITIC Bank SWIFT Code: CIBKCNBJ