SWIFT/BIC code DEMAGB22XXX
DEMAGB22XXX belongs to Dematic Group Limited in Banbury, United Kingdom.
Code details
| SWIFT/BIC code | DEMAGB22XXX |
|---|---|
| 8-character code | DEMAGB22 |
| Branch code | XXX |
| Bank | Dematic Group Limited |
| Branch | Head office |
| City | Banbury |
| Country | United Kingdom |
How the Dematic Group Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DEMA Bank code
- 4 letters that identify the bank.
- GB Country code
- 2 letters for the country (ISO 3166).
- 22 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which institution is behind SWIFT code DEMAGB22XXX?
The code DEMAGB22XXX belongs to the headquarters of Dematic Group Limited in Banbury, United Kingdom. Use it when a payment to Dematic Group Limited does not need a specific branch.
What happens if I use DEMAGB22XXX with a typo?
The payment may be delayed, returned or charged extra fees. Double-check DEMAGB22XXX against the details from Dematic Group Limited before sending.
Do I need DEMAGB22XXX for a euro transfer to United Kingdom?
United Kingdom is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you still need DEMAGB22XXX.
How long does it take to send money to Dematic Group Limited in United Kingdom?
Euro transfers within SEPA usually arrive within one business day, instant payments within seconds. Transfers in other currencies can take 2–4 business days.
Are DEMAGB22 and DEMAGB22XXX the same code?
Yes. DEMAGB22 is the 8-character version of DEMAGB22XXX. XXX simply refers to the head office, so both routes your payment to Dematic Group Limited in Banbury.
What is the best way to send money to Dematic Group Limited?
Many banks add 1–3% to the exchange rate on top of a fee. Compare what you receive in British Pound with specialist providers before you send.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.