Calastone LTD SWIFT/BIC code

CLAOGB2L – the SWIFT/BIC code of Calastone LTD

Whether a recipient gives you CLAOGB2L or CLAOGB2LXXX, it is the identical address for Calastone LTD in United Kingdom. Banks worldwide use BIC codes to route payments between countries to the correct bank. In daily life you mostly come across the code on invoices from abroad, in payment forms and on the account details of Calastone LTD customers.

Further down you will find the practical side: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you hit send. The SWIFT code on its own cannot identify an individual account holder; for that you need the account number or IBAN .

Euro transfers to Calastone LTD: is a BIC needed?

Because United Kingdom is part of SEPA, a euro payment to Calastone LTD from another SEPA country usually only needs the IBAN. Most banking apps no longer ask for the BIC for these payments or fill it in for you.

For anything other than euros and for senders outside SEPA, CLAOGB2LXXX is still part of the payment details. If your banking app asks for the BIC regardless, entering CLAOGB2L does no harm.

Instant euro transfers have become increasingly supported across SEPA; check with Calastone LTD whether it applies to your account. Fees for SEPA transfers tend to be low, as long as no currency conversion is involved.

Where our SWIFT data comes from

We collect SWIFT/BIC codes using public sources and check them from time to time. Still, banks merge or retire codes. The number of codes on this page reflect our own data.

For a payment of any size, always confirm the code with the recipient’s bank or with the recipient. We are a comparison site for money transfers and not part of Calastone LTD. If you notice a mistake, we welcome a short note.

Scams that use SWIFT codes

Stay alert when someone unexpectedly asks you to pay into a different account or a bank in another country. That CLAOGB2L is a real code does not mean that the account is legitimate.

Before paying, confirm a change of bank details by phone. Be suspicious of urgent requests, unusual wording or a sender address that is slightly off. Already paid? Contact the bank you paid from straight away and ask them to try to recall the payment and report the fraud.

People receiving money are targeted too: one known trick is an overpayment followed by a request to refund the difference to another account. Wait until the money has really arrived and check with Calastone LTD if anything seems off.

Verifying the SWIFT code of Calastone LTD

Have the recipient copy their bank details straight from their banking app. When the code you were given does not match CLAOGB2L or CLAOGB2LXXX, stop and ask: check with the recipient or with Calastone LTD directly.

If the code is wrong, the transfer may get stuck, be returned or end up costing more – sometimes after weeks of searching. An error in the account number can be more serious, because the money may be credited to someone else.

Most online banking apps check the format of IBANs and some suggest the matching BIC, but that does not prove the account belongs to the right person. Some banks now compare the name with the account before you confirm – do not ignore a mismatch warning. A small test payment can be a sensible step for large sums, even if it costs an extra fee.

How long does an international transfer to Calastone LTD take?

How quickly a transfer reaches Calastone LTD depends on several factors: the currency, the number of banks in between, cut-off times and differences in time zone. Bank holidays in either country can add extra days to the journey. Sometimes a bank wants to know what the payment is for.

If the money seems delayed, contact the sending bank for the status. Specialist transfer services usually provide tracking in their app so you can see how far the money is.

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 check your account to see a partial amount, since fees may have been deducted.

Paying into Calastone LTD in GBP

The national currency in United Kingdom is the British Pound (GBP). If you send another currency it has to be converted somewhere along the way. Every conversion eats into something.

Which bank converts the payment matters, because each party uses its own rate. Often you pay less to send GBP directly via a provider with a good rate rather than letting the receiving bank convert.

The rate for GBP fluctuates throughout the day. If you pay regularly, small differences in the rate make a real difference over time.

Why Calastone LTD has an 8- and an 11-character code

The layout of every SWIFT code is always the same: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. Together, those parts make up CLAOGB2L.

XXX at the end of CLAOGB2LXXX does not stand for a placeholder or an error: it stands for the main office of Calastone LTD. Some banking apps insist on 11 characters, and then you can add XXX behind CLAOGB2L.

Type the code as one block, in capitals and without separators. A single character can send the money to another bank, so check it twice.

Sending money abroad from Calastone LTD

When you send money abroad via Calastone LTD, the fee you see is rarely all of what you pay. Besides a fixed fee, banks in between can take a cut, and when the money changes currency, the bank usually applies a rate below the real market rate.

Many banks do not show the margin on the rate separately, but you pay it all the same. Compare the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer. Before your next transfer, it is worth comparing the total cost on GoldexPay rather than accepting the bank’s rate by default. You can still keep your account at Calastone LTD to fund the transfer, while a cheaper service handles the conversion.

Getting paid from abroad into a Calastone LTD account

If you are waiting for a payment from another country, send the payer all details at once. What they need is: your name, account number or IBAN, CLAOGB2LXXX or CLAOGB2L and often your postal address.

It helps to include Calastone LTD and its city too. A typo in the IBAN can be harder to fix than you might think, so copy the details from your online banking.

What lands in your account is often lower than the amount sent. Fees for incoming transfers vary per bank; check the price list of Calastone LTD. On invoices, it is common to state how the fees are split to avoid a shortfall.

Head office or branch code at Calastone LTD?

With 628 codes in 1 cities, Calastone LTD belongs to the banks that use individual codes for branches and departments. The head office code remains CLAOGB2LXXX.

For the vast majority of payments to a private or business account, the head office code CLAOGB2LXXX works fine. When you receive a branch code, use it as it is instead of swapping it with the head office code.

Not sure which code applies? Ask the recipient or the bank itself. Codes for branches are more likely to change than the head office code.