Lloyds Bank (Gibraltar) Limited SWIFT/BIC code

LOYDGIB1 – the SWIFT/BIC code of Lloyds Bank (Gibraltar) Limited

Whether you are given LOYDGIB1 or LOYDGIB1XXX, it is the same identifier for Lloyds Bank (Gibraltar) Limited in Gibraltar. A SWIFT code tells every bank in the chain exactly which bank is meant to get the money. In practice you usually come across it on international invoices, in your banking app and on the account details that Lloyds Bank (Gibraltar) Limited provides.

On this page you will find how the code is put together, when you need it and which other details a transfer to or from Lloyds Bank (Gibraltar) Limited requires. Remember that the SWIFT code just identifies the bank, not the person: the IBAN or account number takes care of that.

Changed bank details? Be careful

Stay alert if a contact suddenly wants you to send money to a different account abroad. A valid SWIFT code says nothing about who owns the account – scammers simply use real codes.

Check new payment details through a different channel, such as a phone number you already know. Urgency or secrecy tend to be warning signs; a genuine business can wait for you to check. Already paid? Call your bank straight away and have them try to recall the payment and report the fraud.

Recipients are targeted too: a classic trick is a buyer who pays too much and then sends a request to send back the difference abroad. Wait until the money is actually in your account and check with Lloyds Bank (Gibraltar) Limited if anything seems off.

Which of the 2 codes of Lloyds Bank (Gibraltar) Limited do you need?

Lloyds Bank (Gibraltar) Limited has 2 different SWIFT/BIC codes across 1 locations. One of them is the head office code; the others identify branches or departments.

In most cases there is no need to look up a branch: payments addressed to LOYDGIB1XXX are routed within Lloyds Bank (Gibraltar) Limited without problems. When you receive a specific code, use it as it is rather than swapping it with the head office code.

Not sure which code to use? Check with the recipient, or look at a recent statement from Lloyds Bank (Gibraltar) Limited. Codes for branches are more prone to be retired than LOYDGIB1XXX when a bank merges or closes offices.

About this information

Our SWIFT/BIC directory draws on public sources and is updated regularly. Institutions reorganise, change names and change codes, and a directory never catches every change immediately. Figures such as the number of codes come from our own dataset and may differ from what Lloyds Bank (Gibraltar) Limited publishes.

Treat our data as a starting point, not as the final word – the bank details from the recipient are leading. We are an independent comparison site and not affiliated with Lloyds Bank (Gibraltar) Limited. If you notice something that is out of date, we welcome a message via the contact page.

Transfer times and tracking a payment to Lloyds Bank (Gibraltar) Limited

There is no fixed answer for every transfer: some land within a day, others take several business days. Bank holidays in the sending or receiving country add extra days. Extra checks by one of the banks may also add a delay, regardless of the details.

If a transfer is late, contact the sending bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services often show tracking online showing where the payment is.

Only the sending bank is able to start an official trace – the recipient’s bank often cannot see a payment that has not arrived. Ask the sender for a copy of the payment confirmation – it helps your own bank look for the money.

Before you send: check the Lloyds Bank (Gibraltar) Limited code

The most reliable source for the BIC is the bank details provided by the recipient: an invoice, a bank statement or their online banking. Compare it against LOYDGIB1 on this page.

An incorrect BIC may lead to delays, a returned payment or extra fees. Do not forget the IBAN: a mistake there can be more difficult to correct than a wrong BIC.

An automatic check by your bank only confirms that the code is valid, not that it is the right account. More and more banks compare the payee name with the account before you confirm – do not ignore a mismatch warning. A small test payment can be worth it for a large first payment.

International transfers from Lloyds Bank (Gibraltar) Limited: the real cost

A bank transfer abroad can cost more than the fee suggests. You pay the transfer fee, sometimes fees charged by intermediary banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

Many banks do not list their exchange rate markup separately. A simple test: set the rate you get next to the mid-market rate and work out the difference on your amount.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a bank – mostly thanks to the rate. GoldexPay compares the amount that arrives with different services, which makes the cheapest option easy to spot. You can always use your account at Lloyds Bank (Gibraltar) Limited to fund the transfer, while a cheaper service handles the conversion.

LOYDGIB1 or LOYDGIB1XXX – which one to use?

A SWIFT code is made up of a few fixed parts: characters one to four identify the bank, the next two give the country and characters seven and eight mark the location. That gives you LOYDGIB1 for Lloyds Bank (Gibraltar) Limited.

XXX at the end of LOYDGIB1XXX is not a placeholder or a mistake: it indicates the main office of Lloyds Bank (Gibraltar) Limited. Some forms ask for 11 characters, and then you simply add XXX after LOYDGIB1.

Leave out spaces, dots when you enter LOYDGIB1. Pasting the code beats retyping it: a typo can point to another bank.

Incoming international payments to Lloyds Bank (Gibraltar) Limited

When you expect money from abroad, send the payer everything they need in one go. What they need is: the account holder’s name, account number or IBAN, LOYDGIB1XXX or LOYDGIB1 and in many cases your postal address.

It helps to add Lloyds Bank (Gibraltar) Limited and its city too. A mistake in your account number can be more trouble than it looks.

Do not be surprised if the incoming amount is below what the sender paid. Charges on incoming payments vary per bank; check the price list of Lloyds Bank (Gibraltar) Limited. Make clear with the sender who pays which costs before the money is sent.