Credit Suisse AG, London Branch SWIFT/BIC code

CRESGB2L – the SWIFT/BIC code of Credit Suisse AG, London Branch

The 8-character code CRESGB2L and the full code CRESGB2LXXX refer to one and the same institution: Credit Suisse AG, London Branch, with its head office in London. A SWIFT code tells every bank in the chain exactly which bank should receive the money. You will need it mainly for payments that cross a border and payments in foreign currencies.

On this page we explain what the code means, when it matters and which other details a transfer to or from Credit Suisse AG, London Branch requires. The SWIFT code on its own cannot identify an individual account holder; for that you need the IBAN or account number .

What a transfer from Credit Suisse AG, London Branch abroad really costs

If you transfer money abroad through Credit Suisse AG, London Branch, the fee you see is rarely all of what you pay. There is the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

Banks rarely list their exchange rate markup as a cost. Check the rate you are offered against the mid-market rate. The difference is your real conversion cost.

For a lot of routes, a specialist provider turns out to be less expensive than a traditional bank transfer, mainly because of the exchange rate. On GoldexPay we compare what recipients receive across providers, which makes the cheapest option easy to spot. Choosing a specialist does not require leaving Credit Suisse AG, London Branch – you pay the provider from your own account.

Why Credit Suisse AG, London Branch has an 8- and an 11-character code

The layout of a BIC is always the same: four characters for the institution, two for the country and two for the location, plus an optional branch code. That gives you CRESGB2L for Credit Suisse AG, London Branch.

The 11-character version has a three-character extension that identify a branch or department. If the last three are XXX, the code points to the head office, so CRESGB2LXXX and CRESGB2L are interchangeable.

In practice the code is written in capitals. A single letter can send a payment to a different institution, so copy it carefully.

Scams that use SWIFT codes

Fraudsters often send payment requests containing changed bank details sent from what looks like a familiar address. A valid SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Do not trust contact details in the same message that contains the change. Pressure and secrecy are red flags; a genuine business can wait for you to check. When a payment was sent to the wrong account, contact your bank immediately.

People receiving money are targeted too: 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 is actually in your account – ask Credit Suisse AG, London Branch if something looks wrong.

Paying into Credit Suisse AG, London Branch in GBP

United Kingdom uses the British Pound (GBP). When you pay another currency gets converted at some point: by your bank, an intermediary or Credit Suisse AG, London Branch itself. Every conversion costs something, even when no fee is shown.

Who does the conversion has an effect on how much arrives, as rates and margins differ per bank. Transferring the money directly in GBP usually avoids a second conversion – as long as your own rate is good.

The rate for GBP fluctuates throughout the day and quotes are often valid only for a short time. On larger amounts, even small gap in the rate can be worth more than the fee.

Head office or branch code at Credit Suisse AG, London Branch?

Credit Suisse AG, London Branch has 3 different SWIFT/BIC codes. Only one is the head office code, CRESGB2LXXX; the rest belong to branches.

For most incoming transfers, the head office code CRESGB2LXXX is the right choice. Just use a branch code when your contact gives you that exact code, for example on a letter or invoice.

Unsure which code to use? Check with the recipient or the bank itself. Codes are sometimes changed or retired when banks reorganise, so a code from an old document is not always valid.

Verifying the SWIFT code of Credit Suisse AG, London Branch

Ask the recipient to copy their bank details straight from a recent statement. When the code you were given does not match CRESGB2L or CRESGB2LXXX, do not guess.

An incorrect BIC can cause delays, a returned payment or extra fees along the way. An error in the IBAN or account number can be a bigger problem because it can reach the wrong person; check it just as carefully.

Many 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. If your bank offers it, a payee name check before sending adds an extra layer of safety. Sending a small amount first can be worth it for large sums, even if it costs an extra fee.

Receiving money from abroad at Credit Suisse AG, London Branch

If you are waiting for a payment from another country, send the payer all details at once. Share your name as the bank knows it, your account number or IBAN, the BIC CRESGB2LXXX and your address.

Certain banks want the bank’s address in London. Double-check every detail before you share them.

The amount you receive can be lower than what was sent. Charges on incoming payments vary per bank. Make clear with the sender who pays which costs, especially for larger amounts.

Tracking a transfer to or from Credit Suisse AG, London Branch

There is no single answer for every transfer: some arrive within a day. Weekends and public holidays in either country add a day or more. Sometimes a bank wants to know about the purpose of a payment.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every gpi transfer carries a unique reference, the UETR. Save the payment confirmation.

If the money does not arrive after a few business days, the sender needs to contact 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.

Euro transfers to Credit Suisse AG, London Branch: is a BIC needed?

United Kingdom is part of the Single Euro Payments Area (SEPA). When you send euros from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

For anything other than euros and from non-SEPA countries, CRESGB2LXXX is still part of the payment details. If your banking app asks for the BIC anyway, entering CRESGB2L is fine.

Instant euro transfers are increasingly available across SEPA – whether Credit Suisse AG, London Branch offers them for your account is worth checking. Fees for SEPA payments tend to be low, as long as no currency conversion is involved.

A note on our data

We gather SWIFT/BIC codes from publicly available data and update them regularly. It is possible that information here is no longer current. Figures such as the number of codes are from our own dataset and are not confirmed by Credit Suisse AG, London Branch.

Treat this page as a starting point, not as the final word: the recipient’s bank details come first. GoldexPay is independent of Credit Suisse AG, London Branch; we are a comparison site for money transfers. If you notice something that is out of date, we appreciate a message.