Arbitrade UK Limited SWIFT/BIC code

Arbitrade UK Limited SWIFT code: ABTDGB21

If an invoice shows ABTDGB21 or ABTDGB21XXX, you are looking at the same address for Arbitrade UK Limited in United Kingdom. A SWIFT code shows the sending bank which institution should receive the money. In practice you usually see the code on international invoices, in your banking app and on the account details of Arbitrade UK Limited customers.

We wrote this page to help people who sends money to an account at Arbitrade UK Limited and wants to get the details right. Remember that the BIC only identifies the bank, not the person: the account number or IBAN takes care of that.

Do you need ABTDGB21 for a SEPA transfer?

United Kingdom belongs to the SEPA area, where euro transfers follow common rules. For a regular euro transfer from another SEPA country, the IBAN is usually enough.

You still need ABTDGB21XXX when sending non-euro payments or transfers from countries outside SEPA. A few forms also ask for the BIC out of habit; if so, enter ABTDGB21 or ABTDGB21XXX.

SEPA transfers usually arrive within one business day. As long as no currency is converted, the transfer tends to be cheap; costs rise once a conversion is involved.

Watch out for payment fraud

Stay alert when a contact unexpectedly asks you to pay into another account or a bank in another country. The fact that ABTDGB21 exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Always confirm changed bank details by phone. Watch out for urgent requests, odd spelling or a sender address that is slightly off. When a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Scams also work the other way: someone claims to have sent more than agreed and asks you to return the extra. A screenshot of a transfer proves nothing.

When will the money arrive at Arbitrade UK Limited?

How fast a transfer arrives at Arbitrade UK Limited is determined by several factors: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in either country add a day or more. Sometimes a bank asks about the purpose of a payment before releasing it.

A growing number of banks use SWIFT gpi for faster and traceable payments. Every payment gets a unique transaction reference, the UETR. Save the payment confirmation until the recipient confirms – you will need it for any trace request.

If the money does not arrive after a few business days, the person who paid needs to start with the bank that sent it. As a recipient, you can check your statements for a slightly lower amount because fees can reduce the amount.

Paying someone abroad from your Arbitrade UK Limited account

What you pay for an international transfer is made up of more than one component. You pay the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate when the money is converted.

Banks do not list their exchange rate markup as a cost – you only notice it if you compare. Check their rate against the mid-market rate; the gap is what conversion costs you.

Money transfer services often offer a rate near the mid-market rate with clearer fees. Next time you send money, it is worth comparing the total cost via GoldexPay. Choosing a specialist does not require closing your account at Arbitrade UK Limited: you simply pay the service from your account.

A note on our data

We collect bank codes from publicly available data and update our list from time to time. It is possible that a code on this page is no longer current. Figures such as the number of codes come from our own dataset and are not confirmed by Arbitrade UK Limited.

Treat our data as a reference, rather than as the last word – the bank details from the recipient are leading. GoldexPay is independent of Arbitrade UK Limited. Found outdated information? Tell us via our contact form and we will look into it.

British Pound (GBP) and conversion costs

Accounts at Arbitrade UK Limited are usually held in GBP, the national currency. When you pay money in a different currency, the amount gets converted somewhere along the way. Each conversion eats into something – usually through the rate rather than a fee.

Which bank converts the money matters, because each party uses its own rate. In many cases it is cheaper if you send GBP straight away through a provider with a good rate.

The GBP rate fluctuates constantly, so the amount you see is usually only valid for a short time. With bigger transfers, even small difference in the rate adds up quickly.

What the XXX in ABTDGB21XXX means

A BIC is made up of fixed blocks: characters one to four identify the bank, characters five and six show the country and characters seven and eight mark the location. Combined, these eight characters form ABTDGB21, the code most people search for.

XXX at the end of ABTDGB21XXX is not a placeholder or a mistake: it indicates the head office of Arbitrade UK Limited. Some forms ask for 11 characters, and then you can enter XXX behind ABTDGB21.

In practice the code is typed in capitals. Pasting the code beats typing it by hand: a typo can point to another bank.

Verifying the SWIFT code of Arbitrade UK Limited

The most reliable place for the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. When the code you were given does not match ABTDGB21 or ABTDGB21XXX, do not guess.

If the code is wrong, the transfer may get stuck, be returned or end up costing more – sometimes after weeks of searching. Do not forget the IBAN: an error there is more difficult to undo than a wrong BIC.

Most online banking apps check the format of IBANs, but that does not prove the account belongs to the right person. Where available, a name check on the recipient gives an extra layer of safety. A small test payment can be worth it for a large first payment.

Choosing between the 2 SWIFT codes of Arbitrade UK Limited

With 2 codes, Arbitrade UK Limited belongs to the banks that register individual codes for branches. The head office code remains ABTDGB21XXX.

Unless the recipient tells you otherwise, use ABTDGB21XXX. Just use a branch code when the account holder gives you that exact code, for example on an invoice or in their bank details.

The best way is to copy the code straight from the account holder’s bank details. Codes for branches are more prone to change than ABTDGB21XXX when a bank merges or closes offices.

What to give a sender who pays you at Arbitrade UK Limited

For a transfer from abroad into your account at Arbitrade UK Limited, the sender has to have not just the BIC. The basics are: the account holder’s name, IBAN or account number, ABTDGB21XXX and in many cases your postal address.

You can add Arbitrade UK Limited and London as well, because some payment forms have separate fields for them. Double-check every detail before you share them, because the sender’s bank usually copies them as is.

The amount you receive is often less than what was sent. Charges on incoming payments differ per bank. Agree with the sender who covers the fees, especially for larger amounts.