
In today’s rapidly evolving financial landscape, cross-border payments have become a routine part of global commerce. Yet, amid the convenience of digital transactions, one critical element ensures funds reach their intended destination safely: the SWIFT/BIC code. This article explores the significance of the SWIFT/BIC code HBUKGB4B72D for HSBC UK Bank PLC and provides essential details to facilitate secure and efficient international transfers.
What Is a SWIFT/BIC Code?
A SWIFT (Society for Worldwide Interbank Financial Telecommunication) or BIC (Bank Identifier Code) is a unique alphanumeric identifier assigned to financial institutions worldwide. It serves as a global standard for routing international payments, minimizing errors, and ensuring timely delivery. Without the correct code, transactions may face delays or even fail to process.
HSBC UK Bank PLC’s SWIFT/BIC Code
The SWIFT/BIC code for HSBC UK Bank PLC is HBUKGB4B72D . This code is specifically used for international wire transfers to the bank’s branch located at:
- Address: Silver Street Head, Mortgage Service Centre, Sheffield, South Yorkshire, S1 2QA, United Kingdom
- Country: United Kingdom
Payment Options and Processing Times
When initiating a transfer using the code HBUKGB4B72D , senders can choose between two primary methods:
- Direct Debit: Typically completes within 3 business days.
- Bank Transfer: Funds are usually transferred within 24 hours.
The choice between these methods depends on the sender’s urgency and specific requirements. Verifying the recipient’s details—including the SWIFT code—before submission is crucial to avoid complications.
Why Accuracy Matters
Incorrect or outdated SWIFT codes can result in failed transactions, additional fees, or funds being routed to the wrong institution. Financial institutions occasionally update their codes due to mergers, branch closures, or regulatory changes. Confirming the latest information before initiating a transfer is strongly advised.
Whether for personal remittances or corporate transactions, understanding the role of SWIFT/BIC codes enhances financial security and operational efficiency. By leveraging this knowledge, individuals and businesses can navigate international banking with greater confidence.