When sending money internationally, accurately providing bank details is critical to ensure funds reach their intended destination safely. One of the most important pieces of information required for cross-border transactions is the SWIFT/BIC code.
For Barclays Bank UK PLC, the SWIFT/BIC code is BUKBGB22TSY . This unique identifier is essential when transferring funds to accounts held at this institution. The bank's headquarters are located at 1 Churchill Place, London, Greater London, E14 5HP, United Kingdom.
SWIFT codes serve as standardized identifiers within the global banking network, enabling financial institutions to process international payments efficiently. Using the correct code significantly reduces the risk of errors that could delay transactions or cause funds to be misdirected.
Beyond facilitating accurate routing, proper use of SWIFT codes enhances transaction security. Banks rely on these codes to verify transfer details, adding an important layer of protection against potential fraud or mistakes. This verification process is particularly crucial for high-value international transfers.
Both individuals making overseas purchases and businesses conducting international trade benefit from understanding proper banking protocols. Accurate financial information optimizes fund management and improves the overall cross-border payment experience.
For anyone transferring money to Barclays Bank UK PLC, using the correct SWIFT code BUKBGB22TSY is fundamental to ensuring smooth, secure, and timely processing of international transactions.