Citadel Securities (Europe) Limited SWIFT/BIC code

CDGEGB21 – the SWIFT/BIC code of Citadel Securities (Europe) Limited

The short code CDGEGB21 and the full code CDGEGB21XXX refer to the same bank: Citadel Securities (Europe) Limited, with its head office in London. A BIC does one job: it ensures that a cross-border transfer ends up at the right bank. In daily life you usually come across it on international invoices, in your banking app and on the account details of Citadel Securities (Europe) Limited customers.

We wrote this page to help anyone who receives money at an account at Citadel Securities (Europe) 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.

About this information

The details on this page come from public sources that we update regularly. It is possible that information here is out of date. The figures on this page reflect what is in our directory.

See our directory here as a helpful check and rely on the recipient or Citadel Securities (Europe) Limited for the final confirmation. GoldexPay is not affiliated with Citadel Securities (Europe) Limited; we are a comparison site for money transfers. Found outdated information? Tell us through the contact page so we can correct it.

What the XXX in CDGEGB21XXX means

The structure of every SWIFT code never changes: four characters for the institution, a two-letter country code and a two-character location code. Combined, those parts make up CDGEGB21, 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.

As a rule the code is written in capitals. Look out for the letter O and the digit 0 and I versus 1, a common source of typos.

How long does an international transfer to Citadel Securities (Europe) Limited take?

There is no fixed delivery time for every transfer: many land the same day or the next while others need several business days. Payments made after the cut-off time or just before a weekend or public holiday often go out the next business day. Compliance checks on larger or unusual payments can also cause some delay, even when all details are correct.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Money transfer services often provide a status in their app showing how far the money has got.

If a payment has not arrived after a few business days, the sender needs to contact their own bank rather than Citadel Securities (Europe) Limited. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

Euro transfers to Citadel Securities (Europe) Limited: is a BIC needed?

Since United Kingdom is part of SEPA, a euro transfer into Citadel Securities (Europe) Limited from within the SEPA area normally only needs an IBAN. Most banking apps do not require the BIC for these payments.

For anything other than euros and from non-SEPA countries, CDGEGB21XXX or CDGEGB21 is still part of the payment details. Some forms also ask for the BIC; if so, enter CDGEGB21 or CDGEGB21XXX.

Instant euro transfers are increasingly supported within SEPA. Fees for SEPA payments are generally low as long as everything stays in euros.

Incoming international payments to Citadel Securities (Europe) Limited

Someone abroad who wants to pay you will ask for several details about your account – incomplete details often cause delays. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the BIC CDGEGB21XXX and usually your address.

You can include the bank name and London as well, since some forms ask for it. A typo in your account number is harder to fix than it looks, so copy the details from your online banking.

An incoming payment will not always arrive for the full amount. Fees for incoming transfers vary from bank to bank; check the price list of Citadel Securities (Europe) Limited. Agree with the sender who pays which costs, especially for larger amounts.

Watch out for payment fraud

Fraudsters often send fake invoices with new bank details, sometimes in an email that looks completely genuine. A valid SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Before paying, verify a change of bank details by phone, using a number you already had. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. If a payment was sent to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

Recipients are targeted too: one known trick is an overpayment and then sends a request to send back the difference. Wait until the money has really arrived – ask Citadel Securities (Europe) Limited if something looks wrong.

Paying into Citadel Securities (Europe) Limited in GBP

The national currency of United Kingdom is the British Pound (GBP). If you send another currency it gets converted at some point. Every conversion costs something – usually through the rate rather than a fee.

Who converts the money matters, because each party uses its own rate. Check what GBP arrives via several providers.

The rate for GBP fluctuates throughout the day. For regular payments, small differences in the rate make a real difference over time.

Verifying the SWIFT code of Citadel Securities (Europe) Limited

Ask the recipient to copy their bank details straight from a recent statement. When the code you were given does not match CDGEGB21 or CDGEGB21XXX, do not guess.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges. Do not forget the account number: an error there is harder to undo than a wrong BIC.

An automatic check by your bank only tells you that the IBAN exists, not that it is the right account. Where available, a payee name check on the recipient gives extra certainty. A small test payment is a sensible step for a large first payment.

Which of the 2 codes of Citadel Securities (Europe) Limited do you need?

Having 2 codes in 1 locations, Citadel Securities (Europe) Limited is one of the banks that register separate codes for branches and departments. The head office code is CDGEGB21XXX.

Usually you do not need to look up a branch: payments addressed to CDGEGB21XXX reach Citadel Securities (Europe) Limited without problems. Only use a branch code when the recipient gives you that exact code, for example on a letter or invoice.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

Sending money abroad from Citadel Securities (Europe) Limited

When you transfer money abroad via Citadel Securities (Europe) Limited, the fee you see is only part of the cost. 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 below the real market rate.

Many banks rarely show the margin on the rate as a cost – you only notice it if you compare. A simple test: put the rate you get against the mid-market rate and work out the difference on your amount.

For many routes, a transfer service turns out to be less expensive than a traditional bank transfer. GoldexPay compares these services side by side, showing what actually arrives before you commit. Using a transfer service does not require leaving Citadel Securities (Europe) Limited: you simply pay the service from your account.