Get the information you need by checking a bank statement or using your online banking. Sometimes banks require customers to use different codes for different types of transactions, or depending on which branch of the bank holds the specific account you’re sending to. It’s worth checking the exact SWIFT code you need for the type of payment you’re making. SWIFT codes exist for bank branches, and for head office locations. Is a SWIFT code the same for all Nationwide Building Society branches? When the business you’re looking for is a bank, the specific type of identifier used is a SWIFT code. In this case, SWIFT and BIC codes are the same.īIC stands for business identifier code. Most commonly, however, unless you work directly in a bank and communicate with other banks around the world you’ll be using these codes to send money internationally. You may be asked for a BIC code - or even a SWIFT/BIC - instead of a SWIFT code. Here are TSB’s SWIFT codes: What can you use TSB’s SWIFT codes for A SWIFT code has a number of purposes for which you can use it. Check the requirements for the country you’re sending to before you start making your payment. For International Payments of £25,000 or less, the Standard margin of 2.60 applies.

You’ll need an IBAN for payments to countries within Europe, but not for a transfer to the US, for example. Our FX margin is the difference between the Lloyds Bank exchange rate and the rate at which we buy and sell currency in the wholesale foreign exchange markets 1. You can think of it like giving directions to someone - the SWIFT code will get them as far as the right building, but they’ll also need the IBAN to find the specific apartment. This is an international bank account number - used for identifying a specific bank account within an institution. If you are making an important or time-critical payment, we recommend you contact your bank first.ĭepending on where you’re sending money to, you might be asked for an IBAN number as well as a SWIFT code. Only your bank can confirm the correct bank account information. Whilst every effort is made to provide accurate data, users must acknowledge that this website accepts no liability whatsoever with respect to its accuracy. The tools here are provided for informational purposes only. The term SWIFT is often used interchangeably with BIC, which stands for Bank Identifier Code. SWIFT code registrations are handled by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). An 11 digit code refers to a specific branch, while an 8 digit code (or one ending in 'XXX') refers to the bank's head office. These codes are used by banks to process international wire transfers and messages.Īll SWIFT codes consist of 8 or 11 characters. SWIFT/BIC codes are used to identify specific banks and branches in international money transfers, making sure your money gets to the right place. I will pay directly to : Lloyds TSB Bank, 120 High Street, Dorking, Surrey, RH4 1BB, United Kingdom. Receive Money Send Money Wise for Business SWIFT codes - FAQs

Swift code for tsb bank uk