SWIFT/BIC code MODEGB21XXX
MODEGB21XXX belongs to Monument Derivatives LTD in London, United Kingdom.
Code details
| SWIFT/BIC code | MODEGB21XXX |
|---|---|
| 8-character code | MODEGB21 |
| Branch code | XXX |
| Bank | Monument Derivatives LTD |
| Branch | Head office |
| City | London |
| Country | United Kingdom |
How the Monument Derivatives LTD SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- MODE 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 SWIFT code MODEGB21XXX?
The code MODEGB21XXX belongs to the headquarters of Monument Derivatives LTD in London, United Kingdom. It is the code to use when you send money to an account at Monument Derivatives LTD.
What happens if I use MODEGB21XXX with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check MODEGB21XXX against the details from Monument Derivatives LTD before you confirm.
What is the cheapest way to send money to Monument Derivatives LTD?
Banks often add several percent to the exchange rate on top of a fee. Compare what you receive in British Pound with specialist providers before you send – the difference can be large.
Do I need MODEGB21XXX to send euros to United Kingdom?
United Kingdom belongs to the SEPA area. For euro transfers the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need MODEGB21XXX.
What does each part of MODEGB21XXX stand for?
MODE is the institution code of Monument Derivatives LTD, GB is the ISO code of United Kingdom, 21 is the location code and XXX marks the main office.
How long does it take to send money to Monument Derivatives LTD in United Kingdom?
Euro transfers within SEPA normally arrive the next business day. Transfers in other currencies can take 2–4 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.