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What does the Hong Kong Bank Clearing Code stand for?
Both the Hong Kong Clearing Code and the Hong Kong Bank Code are the same. This code is used to identify a specific Hong Kong bank or financial institution branch.
The Structure of the Hong Kong Bank Clearing Code:
The Hongkong Bank Code is a numerical number of three digits. However, your branch code is usually the first three digits of your account number.
Usage of the Hong Kong Bank Clearing Code
Hong Kong Clearing Code is used for a variety of transactions, including online banking money transfers, fund transfers to a local bank account, and so on.
