Beaufort Securities Limited SWIFT/BIC code

Beaufort Securities Limited SWIFT code: HOBPGB21

Whether a recipient gives you HOBPGB21 or HOBPGB21XXX, it is the same identifier for Beaufort Securities Limited in United Kingdom. A BIC does one job: it ensures that a cross-border transfer reaches the right bank. In daily life you mostly come across it on international invoices, in payment forms and on the account details of Beaufort Securities Limited customers.

On this page you can read what the code means, when it matters and which other details a transfer to or from Beaufort Securities Limited requires. Keep in mind that the BIC just identifies the bank, not the account: the IBAN or account number does that part.

Protect yourself against fake payment requests

One of the most common tricks works like this: an email arrives with a request saying that a supplier has new bank details and asking you to pay there from now on. That HOBPGB21 is a real code is no guarantee that a request mentioning it is legitimate.

Check new bank details through a separate channel like a call to a number from an earlier contract, not by replying to the message. Pressure or requests to keep it quiet tend to be warning signs. When money has already gone to a fraudster, call your bank right away.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to send back the difference. Do not act before the money has really arrived – ask Beaufort Securities Limited if something looks wrong.

Do you need HOBPGB21 for a SEPA transfer?

Because United Kingdom is part of SEPA, a euro payment to Beaufort Securities Limited from another SEPA country normally only needs the IBAN. Most banking apps do not require the BIC for these payments.

You still need HOBPGB21XXX when sending payments in other currencies or transfers from countries outside SEPA. If your banking app has a field for the BIC anyway, entering HOBPGB21 does no harm.

Euro payments within SEPA usually arrive by the next business day; instant payments are faster if both banks offer them. Provided no currency is converted, a SEPA transfer tends to be inexpensive.

Sending money abroad from Beaufort Securities Limited

An international bank payment can cost more than the fee suggests. There is the transfer fee, possibly fees charged by intermediary banks in between and, above all, the margin on the exchange rate when the money is converted.

Many banks rarely show the margin on the rate as a cost, but you pay it all the same. A simple test: set the bank’s rate next to the mid-market rate and look at the difference.

For a lot of currency pairs, a specialist provider is cheaper than a bank, mainly because of the exchange rate. Next time you send money, take a minute comparing the total cost via GoldexPay instead of going straight to your bank. Using a transfer service does not mean closing your account at Beaufort Securities Limited: you simply pay the service from your account.

How long does an international transfer to Beaufort Securities Limited take?

A SWIFT payment usually needs one to a few business days, depending on the currency, the route and the banks involved. Bank holidays in either country add a day or more. Compliance checks by one of the banks may also add some delay.

If the money seems late, ask your bank for the tracking status and the transaction reference so they can trace it along the chain. Keep the payment confirmation until the money has arrived.

If a payment has not arrived after a few business days, the sender needs to start with their own bank, not the receiving bank. As a recipient, you can check your account to see a slightly lower amount, since fees may have been deducted.

How up to date is this code?

The details on this page come from publicly available data which we refresh regularly. Still, banks merge or retire codes. Figures such as the number of codes are from our own dataset and may differ from what Beaufort Securities Limited publishes.

Treat the information on this page as a handy check, and let the details from the recipient or Beaufort Securities Limited have the final say. GoldexPay is a comparison site and not affiliated with Beaufort Securities Limited. Spotted outdated information? Tell us via our contact form.

What to give a sender who pays you at Beaufort Securities Limited

When you are waiting for money from abroad, give the sender all details at once. Share the account holder’s name, the IBAN or account number, SWIFT code HOBPGB21XXX and your address.

You can include the bank name and its city too, because some payment forms have separate fields for them. Check each detail before you send them.

Money from abroad does not always arrive in full. Fees for incoming transfers vary from bank to bank. For business payments, you can state who bears the costs.

How to check HOBPGB21 before you pay

The best place to find the right code remains paperwork issued by the bank like a bank statement or the account page in online banking. When the code you were given differs from HOBPGB21 or HOBPGB21XXX, do not guess – contact the recipient or Beaufort Securities Limited.

With a wrong code, the payment may be delayed, be returned or cost extra. Remember the IBAN: a mistake there is harder to correct than a wrong BIC.

An automatic check by your bank only tells you that the IBAN exists, not that it is the right account. Some banks now compare the name with the account – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first.

British Pound (GBP) and conversion costs

Accounts at Beaufort Securities Limited are usually held in GBP, the local currency. When you pay money in a different currency it has to be converted at some point. You rarely see a separate charge for that conversion – the cost sits in the rate.

Where the conversion happens affects the final amount. Check how much GBP arrives with different services before choosing one.

Rates for GBP change all the time, and some providers let you lock in a rate. For recurring payments, small differences in the rate make a real difference over time.

Beaufort Securities Limited: head office code versus branch codes

Beaufort Securities Limited uses 3 separate SWIFT/BIC codes across 1 locations. Only one is the head office code, HOBPGB21XXX; the rest identify branches, and sometimes specific services.

If nobody asks you for a branch code, use HOBPGB21XXX or its short form HOBPGB21. If you have been given a specific code, stick to it rather than swapping it for the head office code.

If you are not sure, check with the recipient which code their bank gave them. Branch codes are more prone to be retired than HOBPGB21XXX.

8 or 11 characters: HOBPGB21 versus HOBPGB21XXX

The layout of a BIC is always the same: four characters for the institution, two for the country and two for the location, sometimes followed by a branch code. Combined, those parts form HOBPGB21, the code most people search for.

XXX at the end of HOBPGB21XXX is not a missing value or a mistake: it indicates the main office of Beaufort Securities Limited. Some banking apps insist on 11 characters, and then you can enter XXX behind HOBPGB21.

Enter the code in one piece, in upper case and without separators, exactly as shown here. Look out for the letter O and the digit 0 and I versus 1.