When conducting cross-border money transfers, selecting the correct SWIFT code for the recipient bank is critical. For Lloyds Bank, a historic British financial institution offering a wide range of services, the SWIFT/BIC code is LOYDGB21031 . This code serves as the bank’s unique identifier and is essential for ensuring seamless international transactions.
Headquartered at 98 Victoria Street, London, Greater London, SW1E 5JL, United Kingdom, Lloyds Bank requires both its SWIFT code and physical address details for accurate fund routing. Providing this information correctly minimizes delays and ensures funds reach the intended account without errors.
The structure of Lloyds Bank’s SWIFT code follows the standardized format: the first four characters ( LOYD ) identify the bank, GB represents the United Kingdom as the country code, 21 specifies the branch location, and 031 denotes additional branch details. This systematic approach enhances the efficiency and security of global financial transactions.
Before initiating an international transfer, it is advisable to verify the SWIFT code with the latest information, as banks occasionally update these details. Confirming the accuracy of the code safeguards against potential transfer issues and unnecessary fees.
Whether for personal remittances or corporate transactions, using the correct SWIFT/BIC code is fundamental to secure and efficient cross-border payments. Proper attention to this detail streamlines financial operations and reduces the risk of complications.