Jpmorgan Asset Management (UK) LTD SWIFT/BIC code

Jpmorgan Asset Management (UK) LTD SWIFT code: FIMLGB2L

The short code FIMLGB2L and the full code FIMLGB2LXXX identify one and the same institution: Jpmorgan Asset Management (UK) LTD in London, United Kingdom. Banks worldwide use BIC codes to direct international transfers to the right bank. In practice you usually see it on invoices from abroad, in payment forms and in the bank details that Jpmorgan Asset Management (UK) LTD provides.

On this page you will find how the code is put together, when it matters and which other details you need for a transfer to or from Jpmorgan Asset Management (UK) LTD. Remember that the SWIFT code only identifies the bank, not the account: the account number or IBAN does that part.

How long does an international transfer to Jpmorgan Asset Management (UK) LTD take?

An international transfer usually takes one to a few business days – it depends on currency, route and the banks in between. Transfers sent late in the day or just before weekends and holidays usually start the next business day. Compliance checks by one of the banks can also cause a delay, regardless of the details.

If a transfer is late, contact your bank for the tracking status or the UETR; with that reference banks can see where the payment is. Save the payment confirmation – you will need it for any trace request.

Only the sending bank can request a trace – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, it helps to look at your account to see a slightly lower amount.

Euro transfers to Jpmorgan Asset Management (UK) LTD: is a BIC needed?

United Kingdom belongs to the Single Euro Payments Area (SEPA), the zone for uniform euro payments. When you send euros within SEPA, you normally only need the IBAN; many banks no longer ask for the BIC.

You will still need FIMLGB2LXXX when sending non-euro payments or transfers from countries outside SEPA. A few forms still show a field for the BIC; in that case, fill in FIMLGB2L.

Instant euro transfers are increasingly available within SEPA. As long as no currency is converted, the transfer tends to be cheap; costs rise once a conversion is involved.

Why Jpmorgan Asset Management (UK) LTD has an 8- and an 11-character code

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. That gives you FIMLGB2L, the short form of the code.

Many payment forms work with both lengths. If yours asks for eleven characters, use FIMLGB2LXXX; if it wants eight, use FIMLGB2L.

As a rule the code is typed in capitals, without spaces or dashes. Copying the code is safer than typing it by hand.

The British Pound and what conversion costs you

Most accounts at Jpmorgan Asset Management (UK) LTD are typically held in GBP, the national currency of United Kingdom. If you send another currency has to be converted at some point – by your bank, by Jpmorgan Asset Management (UK) LTD or by a bank in between. Each conversion costs the amount – usually through the rate rather than a fee.

Who does the conversion has an effect on how much arrives, as rates and margins differ per bank. Compare what GBP the recipient gets via different services; the difference between options can be larger than you expect.

The rate for GBP fluctuates constantly, so the amount you see is usually only valid for a short time. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Paying someone abroad from your Jpmorgan Asset Management (UK) LTD account

When you send money to another country via Jpmorgan Asset Management (UK) LTD, the visible fee is only part of the cost. Besides the transfer fee, correspondent or intermediary banks can deduct a fee, and if the money changes currency, the bank usually uses a rate that is less favourable than the actual market rate.

That exchange rate margin tends to be the largest cost. Compare their rate with the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For a lot of routes, a transfer service is less expensive than a bank, mainly because of the exchange rate. Before your next transfer, it is worth to compare what arrives on GoldexPay. Choosing a specialist does not mean leaving Jpmorgan Asset Management (UK) LTD: you simply pay the service from your account.

How to check FIMLGB2L before you pay

The safest source for a SWIFT code is the bank details provided by the recipient. Check it against FIMLGB2L here and ask if anything does not match.

An incorrect BIC may lead to delays, a payment being sent back or additional charges for investigation. A mistake in the account number can be more serious.

An automatic check by your bank only confirms that the IBAN is valid – not that it belongs to the person you mean to pay. Where available, a payee name check on the recipient gives extra certainty. For a first payment, some people send a small test amount before sending the rest.

Scams that use SWIFT codes

Be alert if someone unexpectedly wants you to send money to a different account. A correct SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Never trust contact details in the same message that contains the change. Be suspicious of time pressure, odd spelling or a sender address that is slightly off. If a payment was sent to the wrong account, call your bank right away.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to refund the difference abroad. Do not act before the money has really arrived.

A note on our data

The directory on GoldexPay is based on public sources. Still, banks merge or change codes and our data may lag behind. Counts and locations are from our own dataset and may differ from what Jpmorgan Asset Management (UK) LTD publishes.

Treat our data as a starting point, rather than as the final word. GoldexPay is a comparison service for money transfers and not affiliated with Jpmorgan Asset Management (UK) LTD. Spotted outdated information? Let us know through the contact page and we will look into it.

Getting paid from abroad into a Jpmorgan Asset Management (UK) LTD account

If you expect money from abroad, give the sender all details at once. Share your name as the bank knows it, your account number or IBAN, the BIC FIMLGB2LXXX and your address.

Their bank may also ask for the address of your bank, in which case the London head office is the usual answer. A typo in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

Money from abroad does not always arrive for the full amount. Fees for incoming transfers differ from bank to bank; check the price list of Jpmorgan Asset Management (UK) LTD. For business payments, you can state how the fees are split, so that nobody is left short.

Head office or branch code at Jpmorgan Asset Management (UK) LTD?

Our database contains 11 SWIFT/BIC codes for Jpmorgan Asset Management (UK) LTD. Besides the head office code FIMLGB2LXXX, there are codes for regional offices and specialised units.

If nobody asks you for a branch code, use FIMLGB2LXXX or its short form FIMLGB2L. Branch codes are only needed if the recipient’s bank explicitly asks for it.

If you are not sure, check with the recipient for the exact BIC in their bank details. Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.