Last updated: 20 November 2023
As part of the HSBC Bank Bermuda Limited ('HSBC Bermuda') annual review, HSBC Bermuda will be moving their Czech Koruna (CZK) currency correspondent banking relationship from Ceskoslovenska Obchodni Banka AS to HSBC Continental Europe (Czech Republic).
What this means for you
From 15 December 2023, all outward Priority Payments in CZK currency will be routed via the new correspondent bank, HSBC Continental Europe (Czech Republic). All incoming Priority Payments to HSBC Bermuda accounts in CZK currency should be routed as follows:
| For all incoming wire payments to HSBC Bermuda accounts from 15 December: | |
|---|---|
Czech Koruna (CZK) correspondent/ intermediary bank details: |
HSBC Continental Europe (Czech Republic) SWIFT code: MIDLCZPP |
Beneficiary bank details: |
HSBC Bermuda, Hamilton SWIFT code: BBDA BMHM Make sure you include the complete account number and full name of the beneficiary’s account at HSBC Bermuda. |
In order to avoid potential delays in processing inward CZK Priority Payments, please provide the above routing information to anyone who may send CZK payments to your HSBC Bermuda account(s).
For your convenience, all currency routing details for accounts held with HSBC Bermuda are available at https://www.business.hsbc.bm/en-gb/regulations/inward-payments. The link will be updated with the new CZK payment routing details on 15 December 2023.
Find out more
If you have any questions about payments in Bermuda, please contact your HSBC Bermuda Relationship Manager or your local HSBCnet Support Centre.