List of the NCC – National Clearing Codes 18

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

Hope that helps!

 

Source: IBM Knowledge Centre – Clearing Codes