SWIFT/BIC code MGAMGB2LUTM
MGAMGB2LUTM belongs to Deutsche Asset Management Limited in London, United Kingdom.
Code details
| SWIFT/BIC code | MGAMGB2LUTM |
|---|---|
| 8-character code | MGAMGB2L |
| Branch code | UTM |
| Bank | Deutsche Asset Management Limited |
| Branch | Unit Trust Managers |
| City | London |
| Country | United Kingdom |
How the Deutsche Asset Management Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MGAM Bank code
- 4 letters that identify the bank.
- GB Country code
- 2 letters for the country (ISO 3166).
- 2L Location code
- 2 characters for the city or region of the head office.
- UTM 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 is behind SWIFT/BIC code MGAMGB2LUTM?
The code MGAMGB2LUTM belongs to Unit Trust Managers, a branch or department of Deutsche Asset Management Limited in London, United Kingdom. Use this branch code only when the account is held at this specific branch.
What happens if I enter MGAMGB2LUTM with a typo?
Your transfer can bounce, get stuck or cost extra. Always check MGAMGB2LUTM with the recipient before sending.
What is the cheapest way to send money to Deutsche Asset Management Limited?
Many banks add several percent to the exchange rate on top of a fee. Compare the amount that arrives in British Pound with transfer services before you send.
What does each part of MGAMGB2LUTM mean?
MGAM is the bank code of Deutsche Asset Management Limited, GB stands for United Kingdom, 2L is the code for the city or region and UTM is the code of the department Unit Trust Managers.
Do I need MGAMGB2LUTM to send euros to United Kingdom?
United Kingdom belongs to the SEPA area. For euro transfers the IBAN is usually enough. If you send another currency you still need MGAMGB2LUTM.
How long does it take to send money to Deutsche Asset Management Limited?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.