List of the NCC – National Clearing Codes 4

In the post a Simple Guide to the SWIFT MT101 Format there is reference to tag 57 – Account with Institution. On the whole, you should use 57A which requires the BIC value. But for some domestic transactions you need to use the 57C option, and must indicate the National Clearing Code. Sometimes if you wish to make an international payment you may be required to indicate the appropriate National Clearing Code. Thats where this post will hopefully help! I list out the:

  • 2 character national clearing codes to use in the SWIFT MT101 message (for international payments)
  • 5 character national clearing codes to use in the PAIN.001 Clearing System Member Id <ClrSysMmbId>
    • Keep in mind that it is much easier to indicate XXXXX and leave your banks to populate the appropriate ISO 20022 External Clearing System Identification Code – Read 7 Reasons Why Your XML Payments Are Failing for further information!

NCC – National Clearing Codes:

  • Australia:
    • SWIFT MT101 – 57C://AU followed by 6 digit bank code, no spaces
    • ISO20022 PAIN.001 – AUBSB (Australian Bank State Branch Code) followed by the 6 digit bank code, no spaces
  • Canada:
    • SWIFT MT101 – 57C://CC followed by 9 digit bank code, no spaces
    • ISO20022 PAIN.001 – CACPA (Canadian Payments Association Payment Routing Number) followed by the 9 digit bank code, no spaces
  • China:
    • SWIFT MT101 – 57C://CN followed by 12 digit bank code, no spaces
    • ISO20022 PAIN.001 – CNAPS (China National Advanced Payment System) followed by the 12 digit bank code, no spaces
  • US (CHIP payments):
    • SWIFT MT101 – 57C://CP followed by 4 digit bank code, no spaces
    • ISO20022 PAIN.001 – USPID (CHIPS Participant Identifier) followed by the 4 digit bank code, no spaces
  • US (FedWire Payments):
    • SWIFT MT101 – 57C:FW followed by 9 digit bank code, no spaces
    • ISO20022 PAIN.001 – USABA (Fedwire routing number) followed by the 9 digit bank code, no spaces
  • Hong Kong:
    • SWIFT MT101 – 57C://HK followed by 3 digit bank code, no spaces
    • ISO20022 PAIN.001 – HKNCC (Hong Kong Bank Code) followed by the 3 digit bank code, no spaces
  • India:
    • SWIFT MT101 – 57C://IN followed by 11 alpa-numeric bank code, no spaces
    • ISO20022 PAIN.001 – INFSC (Indian Financial System Code) followed by the 11 alpha-numeric bank code, no spaces
  • Poland:
    • SWIFT MT101 – 57C://PL followed by 8 digit bank code, no spaces
    • ISO20022 PAIN.001 – PLKNR (Polish National Clearing Code) followed by the 8 digit bank code, no spaces
  • Russia:
    • SWIFT MT101 – 57C://RU followed by 9 digit bank code, no spaces
    • ISO20022 PAIN.001 – RUCBC (Russian Central Bank Identification Code) followed by the 9 digit bank code, no spaces
  • UK:
    • SWIFT MT101 – 57C://SC followed by 6 digit bank code, no spaces
    • ISO20022 PAIN.001 – GBDSC (UK Domestic Sort Code) followed by the 9 digit bank code, no spaces
  • Switzerland:
    • SWIFT MT101 – 57C://SW followed by 3-5 digit bank code, no spaces
    • ISO20022 PAIN.001 – CHBCC (Swiss Clearing BC Code) followed by the 3-4 digit bank code, no spaces
    • ISO20022 PAIN.001 – CHSIC (Swiss Clearing SIC Code) followed by the 6 digit bank code, no spaces
  • South Africa:
    • SWIFT MT101 – 57C://ZA followed by 6 digit bank code, no spaces
    • ISO20022 PAIN.001 – ZANCC (South African National Clearing Code) followed by the 6 digit bank code, no spaces
  • Japan:
    • ISO20022 PAIN.001 – JPZGN (Japan Zengin Clearing Code) followed by the 7 digit bank code, no spaces
  • New Zealand:
    • SWIFT MT101 – 57C://NZ followed by 6 digit bank code, no spaces
    • ISO20022 PAIN.001 – NZNCC (New Zealand National Clearing Code) followed by the 6 digit bank code, no spaces
  • Sweden:
    • ISO20022 PAIN.001 – SESBA (Sweden Bankgiro Clearing Code) followed by the 4 digit bank code, no spaces
  • Singapore:
    • ISO20022 PAIN.001 – SGIBG (IBG Sort Code) followed by the 7 digit bank code, no spaces
  • Taiwan
    • SWIFT MT101 – 57C://TW followed by 7 digit bank code, no spaces
    • ISO20022 PAIN.001 – TWNCC (Taiwan National Clearing Code) followed by the 7 digit bank code, no spaces
Thanks for stopping by – Take a look around…!!

Hope that helps!

 

Source: IBM Knowledge Centre – Clearing Codes

4 thoughts on “List of the NCC – National Clearing Codes

  1. Reply Antoine Feb 10,2017 10:26 am

    Hello,

    Thanks for this article regarding the NCC.

    However I have some questions:
    – How come you mention 18 ISO clearing codes where the external list has 26 (nov 2016) ?
    – Do you know the Mt value of the Sweden ISO clearing code ? Should we use 57C://SE ?

    Thanks for your help.

  2. Reply Charles Jun 6,2017 4:19 pm

    Understand that NCC is required for clearing house and inward TT processing atbeneficiary bank . Since all account number is kept in one core banking why do we even need a NCC at branch level? Shouldn’t bank level NCC be enough for txn processing?

  3. Reply Tony James Sep 26,2017 2:54 am

    I have been asked by my international money transfer company for a National Clearing Code for the bank in Cambodia I’m trying to send money to.
    They have sent me all the bank’s details including address, Swift code, account number etc but they don’t seem to use National Clearing Codes. Is it necessary?

  4. Reply Elbin May 9,2018 3:15 pm

    What is the national clearing code for Indonesia?

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