SWIFT/BIC code MGCAGB21XXX
MGCAGB21XXX belongs to Magna Capital Limited in London, United Kingdom.
Code details
| SWIFT/BIC code | MGCAGB21XXX |
|---|---|
| 8-character code | MGCAGB21 |
| Branch code | XXX |
| Bank | Magna Capital Limited |
| Branch | Head office |
| City | London |
| Country | United Kingdom |
How the Magna Capital Limited SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MGCA 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 institution is behind BIC MGCAGB21XXX?
The code MGCAGB21XXX belongs to the headquarters of Magna Capital Limited in London, United Kingdom. Use it when a payment to Magna Capital Limited does not need a specific branch.
Are MGCAGB21 and MGCAGB21XXX the same SWIFT code?
Yes. MGCAGB21 is the 8-character version of MGCAGB21XXX. XXX simply refers to the head office, so either version routes your payment to Magna Capital Limited in London.
How long does a transfer to Magna Capital Limited take in United Kingdom?
Euro transfers within SEPA usually arrive within one business day. Payments in other currencies can take 1–3 business days.
Do I need MGCAGB21XXX for a euro transfer to United Kingdom?
United Kingdom is part of the SEPA area. When you send euros the IBAN is usually enough. If you send another currency you still need MGCAGB21XXX.
Does Magna Capital Limited have only one SWIFT/BIC code?
Yes – MGCAGB21XXX is the only SWIFT/BIC code we have for Magna Capital Limited in United Kingdom, so there is no branch code to choose.
What is the cheapest way to send money to Magna Capital Limited?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives 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.