Fox-Davies Capital Limited SWIFT/BIC code

SWIFT/BIC code of Fox-Davies Capital Limited

The short code FOCAGB21 and the full code FOCAGB21XXX refer to the same bank: Fox-Davies Capital Limited, with its head office in London. The code has a single purpose: it makes sure that an international payment reaches the right bank. It comes up mainly for transfers between countries and payments in foreign currencies.

This page is meant to help anyone who sends money to an account at Fox-Davies Capital Limited. Keep in mind that the SWIFT code only identifies the bank, not the account: the account number or IBAN does that part.

Where our SWIFT data comes from

The details on this page come from public sources which we refresh regularly. Still, banks merge or change codes. Figures such as the number of codes come from our directory and may differ from what Fox-Davies Capital Limited publishes.

See our directory on this page as a handy check and rely on the recipient or Fox-Davies Capital Limited for the final confirmation. GoldexPay is not affiliated with Fox-Davies Capital Limited, we only compare transfer services. Spotted an error? Let us know through the contact page and we will look into it.

FOCAGB21 or FOCAGB21XXX – which one to use?

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six give the country and the two after that indicate the location. Together, those parts form FOCAGB21.

Many banks and apps accept both lengths. If yours asks for eleven characters, enter FOCAGB21XXX; if it wants eight, use FOCAGB21.

Type the code as one block, in upper case and without separators, exactly as shown here. Watch for the letter O and the digit 0 or I versus 1, a common source of typos.

Verifying the SWIFT code of Fox-Davies Capital Limited

The most reliable place for the right code remains paperwork issued by the bank like a bank statement or the account page in online banking. Compare that code with FOCAGB21 here and ask if anything does not match.

Errors in the SWIFT code are annoying rather than disastrous. Do not forget the account number: an error there is harder to correct than a wrong code.

A validity check in your banking app merely confirms that the IBAN is valid, not that it is the right account. More and more banks check the payee name against the account. When you pay someone new, many people start with a small test amount and wait for confirmation.

Sending GBP to Fox-Davies Capital Limited

The currency of United Kingdom is the British Pound (GBP). A payment in a foreign currency will be converted into GBP on its way to Fox-Davies Capital Limited. You rarely see a separate charge for the conversion.

Where the conversion happens affects the final amount. Sending the amount already in GBP usually prevents a second conversion by Fox-Davies Capital Limited, provided the rate you get is fair.

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.

Paying Fox-Davies Capital Limited in euros within SEPA

United Kingdom is a member of the SEPA area, the zone for standardised euro payments. For a standard euro transfer from another SEPA country, the IBAN is usually enough.

You will still need FOCAGB21XXX when sending payments in other currencies or money from outside the SEPA area. A few forms still ask for the BIC; if so, fill in FOCAGB21 or FOCAGB21XXX.

Instant euro transfers have become widely available across SEPA; check with Fox-Davies Capital Limited whether it applies to your account. Charges on SEPA payments tend to be low, as long as no currency conversion is involved.

Choosing between the 2 SWIFT codes of Fox-Davies Capital Limited

Having 2 codes, Fox-Davies Capital Limited belongs to the banks that register separate codes for parts of the organisation and departments. The main code is FOCAGB21XXX.

For the vast majority of incoming transfers, the head office code FOCAGB21XXX is what you need. When you receive a specific code, stick to it rather than swapping it for the head office code.

Unsure which code to use? Check with the recipient or the bank itself. Branch codes are more prone to be retired than FOCAGB21XXX when a bank merges or closes offices.

Receiving money from abroad at Fox-Davies Capital Limited

To receive an international payment into your account at Fox-Davies Capital Limited, the person paying you needs not just the BIC. The basics are: the account holder’s name, account number or IBAN, FOCAGB21XXX and often your home address.

Certain sending banks want the name and address of Fox-Davies Capital Limited in London, so keep it at hand. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is below what the sender paid. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the money is converted, a markup on the rate comes on top. Agree with the sender who pays which costs, especially for larger amounts.

What a transfer from Fox-Davies Capital Limited abroad really costs

When you transfer money abroad via Fox-Davies Capital Limited, the fee you see is rarely all of what you pay. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup if the currency changes.

That exchange rate margin is often the largest cost because it is hidden in the rate. Check their rate with the mid-market rate – the rate you find on financial news sites.

For a lot of routes, a transfer service turns out to be less expensive than a traditional bank transfer, mainly because of the exchange rate. Next time you send money, take a minute comparing the total cost on GoldexPay. You can still keep your account at Fox-Davies Capital Limited to fund the transfer; only the conversion and sending happen elsewhere.

Changed bank details? Be careful

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

Check new bank details via a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Be suspicious of time pressure, odd spelling or an email address that differs by one letter. When money has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

Fraud can also target the receiver. Someone sends more than agreed and asks you to refund the difference to a new account. Do not act before the money is actually in your account.

Transfer times and tracking a payment to Fox-Davies Capital Limited

There is no fixed answer for every transfer: some arrive the same day or the next. Transfers sent after the cut-off time or just before weekends and holidays usually start a business day later. Extra checks by one of the banks can also add some delay.

When a payment takes longer than expected, ask your bank for the tracking status or the UETR so they can trace it along the chain. Specialist transfer services often show tracking in their app showing where the money is.

If a payment has not arrived within the expected time, the sender needs to start with their own bank. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.