Dolmen Stockbrokers SWIFT/BIC code

What DOLMIE21 means for a payment to Dolmen Stockbrokers

The short code DOLMIE21 and the full code DOLMIE21XXX identify the same bank: Dolmen Stockbrokers, with its head office in Dublin. Every bank on the SWIFT network uses these codes to direct international transfers to the correct institution. It comes up mainly when dealing with transfers between countries or a currency.

This page is meant to help people who receives money at an account at Dolmen Stockbrokers. Keep in mind that the SWIFT code just identifies the bank, not the account: the IBAN or account number takes care of that.

SEPA payments and the Dolmen Stockbrokers BIC

Ireland is a member of the SEPA area. For a standard euro transfer within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

A SWIFT code like DOLMIE21 still matter for payments in other currencies. If a payment form asks for the BIC anyway, adding DOLMIE21 is fine.

SEPA transfers usually arrive by the next business day; instant payments are faster if both banks offer them. As long as no currency is converted, the transfer tends to be inexpensive.

Paying someone abroad from your Dolmen Stockbrokers account

What you pay for an international transfer is made up of more than one component, and the transfer fee is only the most visible one. There is the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the exchange rate markup if the currency changes.

The real cost is often in the rate, rather than in the fee: the bank converts using an exchange rate that includes a margin. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a bank, mainly because of the exchange rate. On GoldexPay we compare what recipients receive with different services. Choosing a specialist does not mean leaving Dolmen Stockbrokers – you pay the provider from your own account.

Tracking a transfer to or from Dolmen Stockbrokers

An international transfer usually needs one to a few business days. Transfers sent after the cut-off time or on a weekend or public holiday usually start the next business day. Compliance checks by one of the banks can also cause some delay, even when all details are correct.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services often show tracking in their app so you can see where the payment has got.

A delayed transfer is traced by the sending bank, using the payment confirmation. On the receiving end, it helps to check your account to see a slightly lower amount.

About this information

Our SWIFT/BIC directory is compiled from publicly available sources and is updated regularly. Still, banks merge or retire codes and our data may lag behind. Counts and locations come from our directory and are not confirmed by Dolmen Stockbrokers.

Treat this page as a reference, not as the last word: the recipient’s bank details come first. GoldexPay is independent of Dolmen Stockbrokers, we only compare transfer services. Should you notice something that is out of date, we welcome a message.

Sending EUR to Dolmen Stockbrokers

The currency in Ireland is the Euro (EUR). If you send another currency it gets converted somewhere along the way. Each conversion costs something – usually through the rate rather than a fee.

Which bank converts the payment makes a difference: every bank has its own margin. Sending the money already in EUR usually avoids a second conversion at the receiving end.

The rate for EUR changes throughout the day. For recurring payments, a slightly better rate add up over a year.

Is DOLMIE21 still correct? How to check

Ask the recipient to send you the bank details directly from a recent statement. If the code you have does not match DOLMIE21 or DOLMIE21XXX, stop and ask: check with the recipient or with Dolmen Stockbrokers directly.

With a wrong code, the transfer may get stuck, bounce back or cost extra – sometimes after weeks of searching. Remember the IBAN: a mistake there can be more difficult to correct than a wrong code.

A format check by your bank merely tells you that the IBAN exists. Some banks now check the name with the account; take any warning seriously. Sending a small amount first can be worth it for a large first payment.

DOLMIE21 or DOLMIE21XXX – which one to use?

Every SWIFT/BIC code has the same eight core characters: four letters for the bank, two letters for the country and two characters for the location. The result is DOLMIE21.

XXX at the end of DOLMIE21XXX is not a placeholder or a mistake: it indicates the main office of Dolmen Stockbrokers. Some banking apps ask for 11 characters, in which case you simply enter XXX behind DOLMIE21.

Enter the code in one piece, in upper case and without separators. Pasting the code is safer than retyping it.

What to give a sender who pays you at Dolmen Stockbrokers

To receive an international payment at Dolmen Stockbrokers, the sender needs more than the SWIFT code. The basics are: the account holder’s name, account number or IBAN, DOLMIE21XXX or DOLMIE21 and often your postal address.

You can include Dolmen Stockbrokers and its city as well, because some payment forms have separate fields for them. A mistake in the IBAN can be more trouble than it looks.

What lands in your account is often lower than what was sent. Charges on incoming payments differ from bank to bank; check the price list of Dolmen Stockbrokers. For business payments, it is common to state who bears the costs, so that nobody is left short.

Scams that use SWIFT codes

One of the most common tricks works like this: you receive a request saying that a supplier has new bank details and asking you to pay there from now on. A valid SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Verify new bank details through a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Already paid? Call the bank you paid from without delay 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 followed by a request to refund the difference to another account. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Dolmen Stockbrokers: head office code versus branch codes

Having 2 codes, Dolmen Stockbrokers is one of the banks that use individual codes for branches. The main code is DOLMIE21XXX.

For most payments to a private or business account, the head office code DOLMIE21XXX is the right choice. Only use a branch code when your contact explicitly asks for it.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.