SWIFT/BIC code MODEGB31XXX
MODEGB31XXX belongs to Monument Derivatives LTD in London, United Kingdom.
Code details
| SWIFT/BIC code | MODEGB31XXX |
|---|---|
| 8-character code | MODEGB31 |
| 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).
- 31 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 uses SWIFT/BIC code MODEGB31XXX?
MODEGB31XXX is the SWIFT/BIC code of the headquarters of Monument Derivatives LTD in London, United Kingdom. It is the code to use when a payment to Monument Derivatives LTD does not need a specific branch.
How long does a transfer to Monument Derivatives LTD take in United Kingdom?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Do I need MODEGB31XXX to send euros to United Kingdom?
United Kingdom is part of the SEPA area. For euro transfers the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need MODEGB31XXX.
Are MODEGB31 and MODEGB31XXX the same code?
Yes, they are. MODEGB31 is the 8-character version of MODEGB31XXX. XXX simply refers to the head office, so either version will reach Monument Derivatives LTD in London.
Does Monument Derivatives LTD have other SWIFT/BIC codes?
Yes, our database contains 3 SWIFT/BIC codes for Monument Derivatives LTD in United Kingdom, for the head office and several branches or departments. All of them are listed on the page of Monument Derivatives LTD.
What do the letters in MODEGB31XXX mean?
MODE is the institution code of Monument Derivatives LTD, GB is the ISO code of United Kingdom, 31 is the code for the city or region and XXX means the main office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.