Actuare Limited SWIFT/BIC code

Actuare Limited SWIFT code: ACTUGB22

If an invoice shows ACTUGB22 or ACTUGB22XXX, you are looking at the identical identifier for Actuare Limited in United Kingdom. A SWIFT code shows the sending bank which institution should receive the money, a bit like a postal address for banks. You will need it mostly for payments that cross a border.

On this page you will find what the code means, when it matters and which other details you need for a transfer to or from Actuare Limited. The BIC names an institution, not a specific account.

The British Pound and what conversion costs you

Accounts at Actuare Limited are usually held in GBP, the local currency. A payment in a foreign currency will be converted into GBP before it reaches the account – and the bank that does it picks the rate. Every conversion costs something.

Where the conversion happens affects the final amount, as rates and margins differ per bank. In many cases it is cheaper to send GBP straight away through a provider with a good rate rather than letting the receiving bank convert.

The GBP rate fluctuates constantly and quotes are often valid only for a short time. For regular payments, a slightly better rate make a real difference over time.

SEPA payments and the Actuare Limited BIC

Inside SEPA, euro payments to Actuare Limited follow the same rules and in most cases need only the IBAN. A field for the BIC is usually optional or missing for those payments.

The BIC does come into play when the currency is not euros. A few forms also ask for the BIC; if so, enter ACTUGB22.

Instant euro transfers are widely supported across SEPA – whether Actuare Limited offers them for your account is worth checking. Fees for SEPA transfers are generally low as long as everything stays in euros.

How long does an international transfer to Actuare Limited take?

A SWIFT payment typically takes anywhere from one to several business days. Weekends and public holidays in either country add a day or more. Occasionally a bank wants to know what the payment is for.

If a transfer seems late, contact the sending bank for the tracking status and the transaction reference so they can trace it along the chain. Specialist transfer services usually provide a status online showing how far the payment has got.

If the money does not arrive within the expected time, the person who paid should contact their own bank, not the receiving bank. As a recipient, you can look at your statements to see a slightly lower amount because fees can reduce the amount.

Receiving money from abroad at Actuare Limited

Someone abroad who wants to pay you needs several details about your account. The basics are: your name, IBAN or account number, ACTUGB22XXX and in many cases your postal address.

Their bank might request the address of your bank, in which case the Harpenden head office is the usual answer. Double-check every detail before you send them, because the sender’s bank usually copies them as is.

An incoming payment will not always arrive for the full amount. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin applies. On invoices, you can agree who bears the costs.

Where our SWIFT data comes from

Our SWIFT/BIC directory is based on public sources and is updated regularly. Even so, banks merge or retire codes and our data may lag behind. The figures we show reflect what is in our directory and not on information from Actuare Limited itself.

Use this page as a starting point, rather than as the final word: the recipient’s bank details come first. GoldexPay is not affiliated with Actuare Limited; we are a comparison site for money transfers. Spotted an error? Tell us via our contact form and we will look into it.

Changed bank details? Be careful

A common scam goes like this: an email arrives with a message claiming that a supplier has a new bank account 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.

Never trust contact details in the same message that contains the change. Watch out for urgent requests, odd spelling or an email address that differs by one letter. When money has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

Scams can also work the other way. Someone sends more than agreed and wants you to return the difference via a different route. A screenshot of a transfer is no proof.

Why Actuare Limited has an 8- and an 11-character code

The layout of a BIC never changes: a bank code of four letters, a two-letter country code and two for the location, plus an optional branch code. Combined, these eight characters form ACTUGB22, the code most people search for.

The long version has a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office, so ACTUGB22XXX and ACTUGB22 are interchangeable.

Leave out spaces or dashes when you type ACTUGB22; the code is always written in one block. A wrong letter can send the money to a different institution, so check it twice.

What a transfer from Actuare Limited abroad really costs

The price of a payment abroad has several parts, and the transfer fee is only the most visible one. On top of a fixed fee, banks in between can deduct a fee, and if the money changes currency the bank often uses a rate that is less favourable than the real market rate.

The markup on the rate tends to be the biggest item, and it is easy to miss. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of routes, a transfer service turns out to be less expensive than a traditional bank transfer. GoldexPay compares the amount that arrives across services. You can still keep your account at Actuare Limited, while a cheaper service handles the conversion.

Actuare Limited: head office code versus branch codes

Actuare Limited has 33 different SWIFT/BIC codes across 1 locations. Only one is the head office code; the rest belong to branches or departments.

For the vast majority of payments to a private or business account, the head office code ACTUGB22XXX works fine. If you have been given a branch code, stick to it instead of replacing it with the head office code.

If you are not sure, check with the recipient for the exact BIC in their bank details. Branch codes are more likely to be retired than ACTUGB22XXX.

How to check ACTUGB22 before you pay

The safest source for a SWIFT code is the recipient’s own bank details. Compare it against ACTUGB22 on this page.

An incorrect BIC may lead to a delay, a payment being sent back or additional charges. A mistake in the account number can be more serious, so check that just as carefully.

A validity check in your banking app only confirms that the code is valid. Some banks now compare the name with the account; take any warning seriously. A small test payment can be worth it for a large first payment despite the extra fee.