Lloyds Bank Explains SWIFT Codes for International Transfers

This article provides a detailed analysis of the SWIFT code LOYDGB21217 for LLOYDS BANK PLC, helping readers understand how to correctly perform international remittances to ensure that funds reach the designated account quickly and securely.
Lloyds Bank Explains SWIFT Codes for International Transfers

In today's increasingly globalized economy, international transactions have become commonplace. One crucial element that ensures smooth cross-border money transfers is the correct SWIFT code. For those conducting business with LLOYDS BANK PLC, the proper code LOYDGB21217 is essential to guarantee both the security and timeliness of your transactions.

The Importance of Accurate SWIFT Codes

LLOYDS BANK PLC, a reputable British financial institution, requires the use of its specific SWIFT code for all international transfers. Failure to provide this code may result in delayed or rejected transactions. The code LOYDGB21217 contains several important components:

  • LOYD : The bank identifier for Lloyds
  • GB : The country code representing the United Kingdom
  • 21 : A specific location identifier
  • 217 : The branch designation for your particular transaction

Complete Transfer Information

When initiating an international transfer to LLOYDS BANK PLC, ensure you include all necessary details:

  • City : Cardiff
  • Address : 31 Queen Street, Cardiff, CF10 2AG
  • Country : United Kingdom

Ensuring Transaction Success

Financial experts emphasize the importance of double-checking all transfer details before submission. Accurate entry of the SWIFT code and recipient information significantly reduces the risk of processing errors or delays. The code LOYDGB21217 serves as a critical tool for efficient international banking with LLOYDS BANK PLC.

For individuals and businesses engaged in global commerce, proper use of SWIFT codes remains fundamental to secure and reliable financial transactions. Attention to these banking details facilitates smoother international money transfers and supports broader financial operations across borders.