PORTIGON AG, Primary Office Hang Seng Bank Tower Floor 12 1000 Lujiazui Ring Road Pudong, SHANGHAI, China


BIC Name / Bank name / Institution Name	PORTIGON AG
Bank Code / Institution Code	WELA
Country	CHINA
Country Code (ISO 3166)	CN
City	SHANGHAI
City Code	S1 The City Code are Institution Specific, different BIC has allotted different City Code for same city.
Office Type	Primary Office / Head Office / Main Office
Branch Code	XXX
Swift Code / BIC Code	WELACNS1
Swift Code / BIC Code 11 Characters	WELACNS1XXX Note:If Swift Code is of 8 Characters then suffix XXX for branch code in the Swift Code.
Address	Hang Seng Bank Tower Floor 12 1000 Lujiazui Ring Road Pudong
Zip Code / Postal Code	200120
Note: Before Transferring payment to the Bank Branch, confirm from the payment receiver, if the Bank Branch is Active
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Whether Financial Institution IBAN Compliant	No, PORTIGON AG is not IBAN Compliant.
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What is a SWIFT Code / BIC code?

Business Identifier Codes (BIC) has been developed by Society for Worldwide Interbank Financial Telecommunication (SWIFT) to identify banks and financial institutions globally. That is why BIC Codes are also known as SWIFT Codes.SWIFT Codes / BIC Codes are used for transferring money between banks of different countries or SEPA payments. Banks also use these codes for exchanging financial messages.

SWIFT Code / BIC Code is formed of 8 or 11 characters in following system:

First four characters in the SWIFT Code / BIC Code from left depicts bank code. In the case of PORTIGON AG the first four characters from left WELA indicates that it is PORTIGON AG.
Characters 5-6 from left in the SWIFT Code / BIC Code, depicts Country code of the bank. In the case of PORTIGON AG characters 5 and 6 from left CN indicates that bank is in CHINA. It means that all the banks located in CHINA will have CN at 5th and 6th place from left in their Swift Codes / BIC Codes.
Characters 7-8 from left in the SWIFT Code / BIC Code, depicts City Code of the Bank. In the case of PORTIGON AG characters 7 and 8 from left S1 indicates that bank is in SHANGHAI. It means that all the branches of PORTIGON AG located in SHANGHAI will have S1 at 7th and 8th place from left in their Swift Codes / BIC Codes.
Characters 9-11 from left in the SWIFT Code / BIC Code, depicts Branch Code of the Bank.In the case of PORTIGON AG the length of SWIFT Code is 8 Characters, means PORTIGON AG Head Office of the Financial Institution.
Many Banks has taken only one SWIFT Code per country or have one SWIFT Code per city, for processing International Payments of all the Branches of the country / city through SWIFT enabled branch. So, if your Bank Branch is not depicting in the list, contact your Bank Branch for the SWIFT Code transactions.