SWIFT/BIC code MADYGB21XXX
MADYGB21XXX belongs to Market Dynamics UK Limited in London, United Kingdom.
Code details
| SWIFT/BIC code | MADYGB21XXX |
|---|---|
| 8-character code | MADYGB21 |
| Branch code | XXX |
| Bank | Market Dynamics UK Limited |
| Branch | Head office |
| City | London |
| Country | United Kingdom |
How the Market Dynamics UK Limited SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MADY 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
Which bank is behind BIC MADYGB21XXX?
MADYGB21XXX identifies the main office of Market Dynamics UK Limited in London, United Kingdom. Use it when a payment to Market Dynamics UK Limited does not need a specific branch.
What does each part of MADYGB21XXX stand for?
MADY is the bank code of Market Dynamics UK Limited, GB is the ISO code of United Kingdom, 21 is the location code and XXX marks the main office.
What is the best way to send money to Market Dynamics UK Limited?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in British Pound with specialist providers before you send – the difference can be large.
What happens if I use MADYGB21XXX incorrectly?
Your transfer can bounce, get stuck or cost extra. Double-check MADYGB21XXX with the recipient before you confirm.
Are MADYGB21 and MADYGB21XXX the same code?
Yes. MADYGB21 is the short version of MADYGB21XXX. XXX simply means head office, so both routes your payment to Market Dynamics UK Limited in London.
Do I need MADYGB21XXX for a euro transfer to United Kingdom?
United Kingdom is part of the SEPA area. For euro transfers the IBAN normally suffices. For other currencies you still need MADYGB21XXX.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.