SWIFT/BIC code DRMAGB21XXX
DRMAGB21XXX belongs to Drs Markets LTD in London, United Kingdom.
Code details
| SWIFT/BIC code | DRMAGB21XXX |
|---|---|
| 8-character code | DRMAGB21 |
| Branch code | XXX |
| Bank | Drs Markets LTD |
| Branch | Head office |
| City | London |
| Country | United Kingdom |
How the Drs Markets LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- DRMA Bank code
- 4 letters that identify the bank.
- GB Country code
- 2 letters for the country (ISO 3166).
- 21 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
What bank uses BIC DRMAGB21XXX?
The code DRMAGB21XXX belongs to the main office of Drs Markets LTD in London, United Kingdom. It is the code to use when a payment to Drs Markets LTD does not need a specific branch.
Does Drs Markets LTD use only one SWIFT/BIC code?
Yes – DRMAGB21XXX is the single SWIFT/BIC code we have for Drs Markets LTD in United Kingdom, so there is no branch code to choose.
What happens if I enter DRMAGB21XXX with a typo?
The payment may be delayed, returned or charged extra fees. Always check DRMAGB21XXX against the details from Drs Markets LTD before sending.
How long does a transfer to Drs Markets LTD take in United Kingdom?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 1–3 business days.
Do I need DRMAGB21XXX to send euros to United Kingdom?
United Kingdom belongs to the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. For other currencies you do need DRMAGB21XXX.
Is DRMAGB21 and DRMAGB21XXX the same SWIFT code?
Yes. DRMAGB21 is the 8-character version of DRMAGB21XXX. XXX simply means head office, so both routes your payment to Drs Markets LTD in London.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.