Dinosaur Merchant Bank Limited SWIFT/BIC code

DISIGB21 – the SWIFT/BIC code of Dinosaur Merchant Bank Limited

Whether a recipient gives you DISIGB21 or DISIGB21XXX, it is the identical identifier for Dinosaur Merchant Bank Limited in United Kingdom. Banks worldwide use BIC codes to direct international transfers to the right institution. In daily life you usually see it on invoices from abroad, in payment forms and in the bank details that Dinosaur Merchant Bank Limited provides.

We wrote this page to help anyone who pays into an account at Dinosaur Merchant Bank Limited without mistakes. Keep in mind that the BIC only identifies the bank, not the account: the IBAN or account number does that part.

Sending money abroad from Dinosaur Merchant Bank Limited

An international bank payment can cost more than the listed fee. There is the transfer fee, possibly fees charged by intermediary banks along the way and, above all, the exchange rate markup when the money is converted.

The markup on the rate is often the largest item even though it is not listed as a fee. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites.

For a lot of currency pairs, a specialist provider turns out to be cheaper than a bank, mainly because of the exchange rate. On GoldexPay we compare what recipients receive with different services, which makes the cheapest option easy to spot. Using a transfer service does not require closing your account at Dinosaur Merchant Bank Limited – you pay the provider from your own account.

Is DISIGB21 still correct? How to check

Ask the recipient to copy their account details directly from their online banking. If the code you have differs from DISIGB21 or DISIGB21XXX, do not guess.

A wrong SWIFT code can cause delays, a returned payment or additional charges. A mistake in the IBAN or account number can be a bigger problem because it can reach the wrong person, so check that just as carefully.

Most online banking apps validate the structure of IBANs and sometimes look up the BIC automatically – that confirms the format, not the owner. Some banks now compare the name against the account. For a first payment, many people send a small test amount.

Scams that use SWIFT codes

One of the most common tricks goes like this: you receive a message claiming that a supplier has new bank details. A valid SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Always confirm changed bank details through a phone call, using a number you already had. Pressure and secrecy are warning signs – a real supplier can wait a day. Acted too fast? Contact the bank you paid from straight away and have them start a recall; also report it to the police.

Fraud can also work the other way: someone sends more than agreed and asks you to return the extra to a new account. Do not act before the money has really arrived.

Choosing between the 2 SWIFT codes of Dinosaur Merchant Bank Limited

Having 2 codes, Dinosaur Merchant Bank Limited belongs to the banks that use separate codes for branches and departments. The main code remains DISIGB21XXX.

Usually you do not need to pick a branch: transfers addressed to DISIGB21XXX are routed within Dinosaur Merchant Bank Limited without problems. When you receive a branch code, stick to it rather than replacing it with the head office code.

Not sure which code applies? Ask the recipient. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

How up to date is this code?

The directory on GoldexPay draws on public sources. Institutions reorganise, change names and retire codes – a directory can be a step behind. The number of codes on this page reflect our own data, not official figures from Dinosaur Merchant Bank Limited.

See the information here as a helpful check and rely on the recipient or Dinosaur Merchant Bank Limited for the final confirmation. GoldexPay is not affiliated with Dinosaur Merchant Bank Limited. If you notice something that is out of date, we appreciate a message.

What the XXX in DISIGB21XXX means

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. In this case, the 8-character core is DISIGB21.

The 11-character version adds three more characters for a branch or department. If the last three are XXX, they simply mean the head office.

As a rule the code is written in capitals. Copying the code is safer than typing it by hand: a typo can point to another bank.

Transfer times and tracking a payment to Dinosaur Merchant Bank Limited

A SWIFT payment usually needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Payments made after the cut-off time or on weekends and holidays often start a business day later. Occasionally a bank asks what the payment is for before releasing it.

If the money is delayed, contact the sending bank for the status; with that reference banks can see where the payment is. Specialist transfer services usually show tracking in their app showing where the payment has got.

Only the sending bank is able to request a trace or a recall; the receiving side usually has nothing to trace yet. As a recipient, you can check your account for a partial amount because fees can reduce the amount.

SEPA payments and the Dinosaur Merchant Bank Limited BIC

Inside SEPA, euro payments to an account in United Kingdom follow common rules. A field for the BIC is usually optional or missing in that case.

For anything other than euros and from non-SEPA countries, DISIGB21XXX or DISIGB21 is still part of the payment details. A few banks and apps still show a field for the BIC; if so, fill in DISIGB21 or DISIGB21XXX.

Euro payments within SEPA usually arrive within one business day. Fees for SEPA payments are generally low as long as everything stays in euros.

Getting paid from abroad into a Dinosaur Merchant Bank Limited account

To receive a transfer from abroad at Dinosaur Merchant Bank Limited, the person paying you has to have not just the SWIFT code. What they need is: your name, account number or IBAN, DISIGB21XXX or DISIGB21 and, for some countries, your home address.

It helps to add Dinosaur Merchant Bank Limited and London as well, because some payment forms have separate fields for them. A mistake in the IBAN is harder to fix than it looks; copy them from your banking app rather than typing.

Expect that the amount credited is below the amount on the sender’s receipt. Intermediary banks may deduct a fee, Dinosaur Merchant Bank Limited may charge for incoming payments, and if the money is converted, a markup on the rate comes on top. On invoices, you can agree how the fees are split, so that nobody is left short.

Paying into Dinosaur Merchant Bank Limited in GBP

United Kingdom pays in the British Pound (GBP). Money sent in a different currency is exchanged into GBP on its way to Dinosaur Merchant Bank Limited. There is rarely a separate line for that conversion – the cost sits in the rate.

Who does the conversion affects the final amount, as rates and margins differ per bank. Transferring the money already in GBP usually avoids a second conversion – as long as your own rate is good.

Exchange rates change all the time – some services let you fix a rate in advance. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.