Altus Limited SWIFT/BIC code

ALUSGB21 – the SWIFT/BIC code of Altus Limited

If an invoice shows ALUSGB21 or ALUSGB21XXX, you are looking at the same identifier for Altus Limited in United Kingdom. Every bank on the SWIFT network uses these codes to route payments between countries to the right institution. In practice you usually come across the code on international invoices, in payment forms and on the account details of Altus Limited customers.

On this page we explain how the code is put together, when you need it and what else a transfer to or from Altus Limited requires. The BIC identifies a bank or branch, not a specific account.

Verifying the SWIFT code of Altus Limited

Ask the recipient to copy the account details straight from their banking app. Compare it with ALUSGB21 on this page.

With a wrong code, the transfer may get stuck, bounce back or cost extra. Remember the account number: an error there can be more difficult to undo than a wrong BIC.

Many banking apps check the format of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a name check on the recipient adds an extra layer of safety. A small test payment is a sensible step for large sums, even if it costs an extra fee.

Protect yourself against fake payment requests

Scammers often use fake invoices with new bank details, sometimes in an email that looks completely genuine. A valid SWIFT code says nothing about who owns the account – scammers simply use real codes.

Do not trust a phone number in the same message that contains the change. Pressure or secrecy tend to be warning signs; a genuine business can wait for you to check. When a payment was sent to the wrong account, contact your bank immediately.

Scams also work the other way: someone sends more than agreed and asks you to refund the extra to a new account. Wait until the money is actually in your account and check with Altus Limited if anything seems off.

International transfers from Altus Limited: the real cost

When you transfer money to another country through Altus Limited, the visible fee is rarely all of the cost. There is the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the margin on the exchange rate if the currency changes.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Check their rate with the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For many routes, a transfer service is cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares what recipients receive with different services, so you can pick the cheapest route. Choosing a specialist does not mean closing your account at Altus Limited: you simply pay the service from your account.

British Pound (GBP) and conversion costs

The national currency in United Kingdom is the British Pound (GBP). Money sent in a different currency will be exchanged into GBP before it reaches the account, and whoever converts it chooses the rate. Each conversion eats into something.

Who does the conversion has an effect on the final amount. Compare what GBP arrives via different services; the difference between options can be larger than you expect.

Rates for GBP change during the day, and some providers let you lock in a rate. If you pay regularly, small differences in the rate add up over time.

What the XXX in ALUSGB21XXX means

A SWIFT code is made up of a few fixed parts: characters one to four stand for the bank, the next two show the country and the two after that indicate the location. The result is ALUSGB21 for Altus Limited.

The full version adds a three-character extension for a branch or department. If the last three are XXX, the code points to the head office.

As a rule the code is typed in capitals and without spaces. Pasting the code beats retyping it: a typo can point to another bank.

Where our SWIFT data comes from

We collect bank codes from public sources and check them regularly. Even so, banks merge or change codes, so information can be out of date. The number of codes we show reflect what is in our directory.

For a payment that matters, always check the BIC with the recipient’s bank or the recipient. GoldexPay has no connection to Altus Limited. If you notice a mistake, we appreciate a short note via the contact page.

When will the money arrive at Altus Limited?

How quickly a payment arrives at Altus Limited is determined by several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Bank holidays in the sending or receiving country can add extra days. Sometimes a bank asks what the payment is for, which can hold things up.

A growing number of banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique reference, the UETR, which your bank can use to see where the money is. Save your transfer receipt.

The bank that sent the money is able to start an official trace; the receiving side usually has nothing to trace yet. As a recipient, it helps to look at your account to see a partial amount because fees can reduce the amount.

SEPA payments and the Altus Limited BIC

Within the SEPA zone, euro payments to an account in United Kingdom follow the same rules. A field for the BIC is usually optional or missing in that case.

You still need ALUSGB21XXX for non-euro payments or money from outside the SEPA area. A few forms still show a field for the BIC; if so, enter ALUSGB21 or ALUSGB21XXX.

Euro payments within SEPA normally land by the next business day. Fees for SEPA payments tend to be low as long as everything stays in euros.

Which of the 57 codes of Altus Limited do you need?

We have 57 SWIFT/BIC codes for Altus Limited, spread over 1 cities. Next to the head office code ALUSGB21XXX, you will find codes for regional offices and specialised units.

For most payments to a private or business account, the head office code ALUSGB21XXX is the right choice. Just use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

The safest route is to copy the code directly from the recipient’s bank details. Branch codes are sometimes changed or retired when banks reorganise.

Getting paid from abroad into a Altus Limited account

For an international payment into your account at Altus Limited, the sender has to have more than the SWIFT code. That means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code ALUSGB21XXX and usually your postal address.

The sender’s bank might also ask for the bank address of Altus Limited, in which case the Bath head office is the usual answer. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Expect that the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. For business payments, you can state how the fees are split.