SWIFT/BIC code SIMLGB22FST
SIMLGB22FST belongs to Schroder Investment Management LTD in London, United Kingdom.
Code details
| SWIFT/BIC code | SIMLGB22FST |
|---|---|
| 8-character code | SIMLGB22 |
| Branch code | FST |
| Bank | Schroder Investment Management LTD |
| Branch | Custody Foreign Settlements |
| City | London |
| Country | United Kingdom |
The way the Schroder Investment Management LTD SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SIML Bank code
- 4 letters that identify the bank.
- GB Country code
- 2 letters for the country (ISO 3166).
- 22 Location code
- 2 characters for the city or region of the head office.
- FST 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 SIMLGB22FST?
The code SIMLGB22FST belongs to Custody Foreign Settlements, part of Schroder Investment Management LTD in London, United Kingdom. Only use it if the account is held at this specific branch.
Do I need SIMLGB22FST 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. For other currencies you do need SIMLGB22FST.
How long does it take to send money to Schroder Investment Management LTD?
SEPA payments in euros normally arrive the next business day, instant payments within seconds. Payments in other currencies can take 1–3 business days.
What does each part of SIMLGB22FST stand for?
SIML is the bank code of Schroder Investment Management LTD, GB is the ISO code of United Kingdom, 22 is the code for the city or region and FST identifies the department Custody Foreign Settlements.
What is the cheapest way to send money to Schroder Investment Management LTD in United Kingdom?
Many banks add 1–3% to the exchange rate on top of a fee. Compare the amount that arrives in British Pound with transfer services before you send.
Can I use SIMLGB22 instead of SIMLGB22FST?
SIMLGB22 points to the main office of Schroder Investment Management LTD, while SIMLGB22FST is Custody Foreign Settlements. For a normal transfer the head office code is usually fine, yet follow the instructions of the recipient if they mention SIMLGB22FST.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.