Daniel Stewart and Company PLC SWIFT/BIC code

What DASOGB21 means for a payment to Daniel Stewart and Company PLC

The 8-character code DASOGB21 and the 11-character code DASOGB21XXX identify the same bank: Daniel Stewart and Company PLC, with its head office in London. Banks worldwide use BIC codes to route international transfers to the right institution. In practice you mostly see it on invoices from abroad, in your banking app and in the bank details of Daniel Stewart and Company PLC customers.

Below you will find the practical side: receiving money at Daniel Stewart and Company PLC, sending money abroad and how to check the code before you hit send. Keep in mind that the BIC only identifies the bank, not the account: the account number or IBAN does that part.

British Pound (GBP) and conversion costs

The national currency of United Kingdom is the British Pound (GBP). When you pay another currency it has to be converted somewhere along the way – by your bank, by Daniel Stewart and Company PLC or by a bank in between. Each conversion eats into something – usually through the rate rather than a fee.

Which bank converts the payment makes a difference, because each party uses its own rate. Compare what GBP the recipient gets with different services.

The GBP rate changes throughout the day and quotes are often valid only for a short time. For regular payments, a slightly better rate add up over time.

About this information

The codes on this page are taken from publicly available data which we refresh regularly. It can happen that information here is no longer current, for example after a merger. The figures on this page reflect what is in our directory and not on information from Daniel Stewart and Company PLC itself.

Before a payment of any size, always check the BIC with Daniel Stewart and Company PLC or with the recipient. GoldexPay is independent of Daniel Stewart and Company PLC; we are a comparison site for money transfers. Spotted outdated information? Let us know through the contact page and we will look into it.

Before you send: check the Daniel Stewart and Company PLC code

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. When the code you were given does not match DASOGB21 or DASOGB21XXX, stop and ask – contact the recipient or Daniel Stewart and Company PLC.

With a wrong code, the transfer may get stuck, bounce back or end up costing more, and tracing it can take weeks. A mistake in the account number can be a bigger problem; check it just as carefully.

An automatic check by your bank only tells you that the IBAN exists – not that it belongs to the person you mean to pay. If your bank offers it, a name check before sending gives an extra layer of safety. When you pay someone new, some people send a small amount first and wait for confirmation.

Paying someone abroad from your Daniel Stewart and Company PLC account

A bank transfer abroad can cost rather more than the fee suggests. You pay the transfer fee, possibly fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

Most of the cost usually sits in the exchange rate: the bank converts using an exchange rate with a margin built in. Compare their rate with the mid-market rate. The difference is your real conversion cost.

Money transfer services frequently use a rate near the mid-market rate. GoldexPay lists transfer providers side by side, showing what actually arrives for the same amount sent. You can still use your account at Daniel Stewart and Company PLC, while a cheaper service handles the conversion.

Do you need DASOGB21 for a SEPA transfer?

Because United Kingdom is in the SEPA zone, a euro payment to Daniel Stewart and Company PLC from within the SEPA area normally only needs an IBAN. Most banking apps no longer ask for the BIC for these payments.

You will still need DASOGB21XXX when sending non-euro payments or money from outside the SEPA area. If your banking app asks for the BIC anyway, entering DASOGB21 does no harm.

Instant payments in euros have become increasingly supported across SEPA. As long as no currency is converted, the transfer tends to be inexpensive; costs rise once a conversion is involved.

Head office or branch code at Daniel Stewart and Company PLC?

Daniel Stewart and Company PLC uses 2 different SWIFT/BIC codes. One of them is the head office code, DASOGB21XXX; the rest identify branches or departments.

Unless the recipient tells you otherwise, go with DASOGB21XXX or its short form DASOGB21. Only use a branch code when the account holder gives you that exact code, for example on an invoice or in their bank details.

Unsure which code applies? Check with the recipient, or look at a recent statement from Daniel Stewart and Company PLC. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.

Tracking a transfer to or from Daniel Stewart and Company PLC

How fast a payment arrives at Daniel Stewart and Company PLC is determined by a few things: which currency you send, the number of banks in between, cut-off times and differences in time zone. Bank holidays in either country add a day or more to the journey. Extra checks by one of the banks can also cause some delay, regardless of the details.

When a payment takes longer than expected, contact the sending bank about the status so they can trace it along the chain. Money transfer services usually provide a status online showing where the money has got.

If a payment has not arrived within the expected time, the person who paid needs to start with the bank that sent it. On the receiving end, it helps to check your statements to see a partial amount because fees can reduce the amount.

Changed bank details? Be careful

Scammers often use fake invoices with new bank details, sometimes in an email that looks completely genuine. That DASOGB21 is a real code does not mean that the account is genuine – fraudsters use real bank codes as well.

Check changed bank details via a separate channel, such as a phone number you already know, not by replying to the message. Pressure and secrecy tend to be warning signs – a real supplier can wait a day. Already paid? Contact your bank straight away and ask them to try to recall the payment.

Recipients are targeted too: one known trick is an overpayment and then sends a request to send back the difference to another account. Do not act before the money has really arrived and check with Daniel Stewart and Company PLC if anything seems off.

8 or 11 characters: DASOGB21 versus DASOGB21XXX

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and two characters for the location. Combined, those parts form DASOGB21 – the version you usually see online.

The full version adds three more characters for a branch or department. If the last three are XXX, they simply mean the head office, so DASOGB21XXX and DASOGB21 are interchangeable.

Enter the code in one piece, in upper case and without spaces. Watch for O versus 0 and the letter I and the digit 1; they are easy to mix up.

What to give a sender who pays you at Daniel Stewart and Company PLC

Someone abroad who wants to pay you will ask for several details about your account. Give them your name as the bank knows it, the IBAN or account number, SWIFT code DASOGB21XXX and your address.

It helps to include Daniel Stewart and Company PLC and its city too, since some forms ask for it. A mistake in the IBAN is more trouble than it looks; copy them from your banking app rather than typing.

An incoming payment will not always arrive in full. Charges on incoming payments differ from bank to bank – the price list of Daniel Stewart and Company PLC tells you what applies. For business payments, you can agree who bears the costs to avoid a shortfall.