When making international payments, many customers encounter confusion regarding verification codes and banking identifiers. For transactions involving Lloyds Bank PLC, the correct SWIFT/BIC code LOYDGB21004 plays a crucial role in ensuring successful transfers.
As one of the United Kingdom's leading financial institutions, Lloyds Bank PLC maintains its operational headquarters at 42-46 Market Street in Manchester, with postal code M1 1PW. The bank's SWIFT code serves not only domestic operations but also occupies a significant position in international financial transactions.
Financial experts emphasize the importance of verifying SWIFT codes before initiating cross-border transfers. These alphanumeric combinations represent more than simple identifiers—they safeguard the accuracy and security of international transactions. Using an incorrect code may result in delayed payments or, in rare cases, financial losses.
For customers conducting international transfers through Lloyds Bank PLC, ensuring the correct use of LOYDGB21004 can prevent potential errors in the payment process. Banking professionals recommend double-checking all transaction details, including SWIFT codes, before authorizing any international money transfers.