Greig Middleton and Co. SWIFT/BIC code

What GRMIGB21 means for a payment to Greig Middleton and Co.

GRMIGB21 and GRMIGB21XXX are the short and the long form of the same SWIFT/BIC code, and both point to Greig Middleton and Co. in Glasgow. A BIC has a single purpose: it ensures that a cross-border transfer reaches the right bank. You will need it mainly when dealing with payments that cross a border or a currency.

This page is meant to help anyone who pays into an account at Greig Middleton and Co.. The SWIFT code on its own does not identify an individual account holder; for that you need the account number or IBAN .

How to check GRMIGB21 before you pay

Have the recipient copy their bank details straight from their banking app. Check it with GRMIGB21 on this page.

Mistakes in the SWIFT code are annoying rather than fatal – usually the money comes back, minus fees and time lost. Do not forget the account number: a mistake there can be harder to undo than a wrong code.

Many banking apps check the format of IBANs and sometimes look up the BIC automatically. Some banks now compare the name with the account – do not ignore a mismatch warning. A small test payment can be a sensible step for large sums, even if it costs an extra fee.

Where our SWIFT data comes from

Our SWIFT/BIC directory draws on publicly available sources. Institutions merge, change names and change codes – a directory can be a step behind. Counts and locations are from our own dataset and are not confirmed by Greig Middleton and Co..

Treat our data as a reference, rather than as the final word – the bank details from the recipient are leading. We are a comparison site for money transfers and not part of Greig Middleton and Co.. Spotted outdated information? Let us know through the contact page.

Head office or branch code at Greig Middleton and Co.?

We have 4 SWIFT/BIC codes for Greig Middleton and Co., spread over 2 cities. Next to the head office code GRMIGB21XXX, there are codes for regional offices and specialised units.

For the vast majority of payments to a private or business account, the head office code GRMIGB21XXX is the right choice. Branch codes are only needed if the recipient’s bank explicitly mentions it.

The best way is to take the code straight from the account holder’s statement. Codes can change over time, so do not rely on old paperwork.

What to give a sender who pays you at Greig Middleton and Co.

If you expect money from abroad, send the payer everything they need in one go. In practice that means: your name as registered with Greig Middleton and Co., your IBAN or account number, the SWIFT/BIC code GRMIGB21XXX (or GRMIGB21) and sometimes your postal address.

You can include Greig Middleton and Co. and its city too, since some forms ask for it. Double-check the details before you send them, because the sender’s bank usually copies them as is.

Expect that the incoming amount is below the amount on the sender’s receipt. Charges on incoming payments differ per bank; check the price list of Greig Middleton and Co.. Make clear with the sender who pays which costs before the money is sent.

Protect yourself against fake payment requests

One of the most common tricks goes like this: an email arrives with a message claiming that a contact has new bank details. A correct SWIFT code says nothing about whether the request is genuine.

Always confirm a change of bank details by phone. Watch out for time pressure, unusual wording or an email address that differs by one letter. Acted too fast? Call the bank you paid from straight away and have them try to recall the payment; also report it to the police.

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.

Sending money abroad from Greig Middleton and Co.

The price of an international transfer is made up of more than one component, and the transfer fee is only the most visible one. You pay the transfer fee, possibly charges from correspondent banks in between and, most importantly, the margin on the exchange rate if the currency changes.

Banks do not show the margin on the rate separately. Compare their rate against the mid-market rate. The difference is your real conversion cost.

Specialised transfer providers often offer rates closer to the mid-market rate. Next time you send money, take a minute to compare the total cost on GoldexPay. Choosing a specialist does not require leaving Greig Middleton and Co. – you pay the provider from your own account.

Paying into Greig Middleton and Co. in GBP

Accounts at Greig Middleton and Co. are typically held in GBP, the local currency. Money sent in a different currency will be converted into GBP, and whoever converts it chooses the rate. Each conversion costs the amount – usually through the rate rather than a fee.

Who does the conversion affects the final amount, as rates and margins differ per bank. In many cases you pay less if you send GBP straight away through a provider with a good rate rather than letting the receiving bank convert.

The GBP rate fluctuates constantly and quotes are often valid only for a short time. With bigger transfers, even seemingly small difference in the rate adds up quickly.

8 or 11 characters: GRMIGB21 versus GRMIGB21XXX

Every SWIFT/BIC code has an 8-character core: four letters for the bank, two letters for the country and a two-character location code. Together, those parts form GRMIGB21.

XXX at the end of GRMIGB21XXX is not a placeholder or an error: it indicates the main office of Greig Middleton and Co.. Certain payment forms ask for 11 characters, in which case you simply enter XXX after GRMIGB21.

Type the code as one block, in capitals and without separators, exactly as shown here. A wrong letter may route a payment to a different institution, so copy it carefully.

SEPA payments and the Greig Middleton and Co. BIC

Within the SEPA zone, euro transfers to an account in United Kingdom use common rules. A field for the BIC is usually optional or missing for those payments.

A SWIFT code like GRMIGB21 still matter when the currency is not euros. If a payment form asks for the BIC anyway, entering GRMIGB21 is fine.

Euro payments within SEPA usually arrive within one business day. Charges on SEPA payments tend to be low.

When will the money arrive at Greig Middleton and Co.?

A SWIFT payment typically needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Bank holidays in the sending or receiving country can add extra days, since banks do not process on those days. Occasionally a bank asks what the payment is for.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR that banks can use to trace it. Specialist transfer services often provide a status online showing where the payment is.

A delayed transfer is traced from the sending side. Ask the sender for a copy of the payment confirmation including the reference.