Mirabaud Asset Management LTD SWIFT/BIC code

SWIFT/BIC code of Mirabaud Asset Management LTD

Whether a recipient gives you MIRMGB2L or MIRMGB2LXXX, you are looking at the identical identifier for Mirabaud Asset Management LTD in United Kingdom. A SWIFT code shows every bank in the chain exactly which bank should receive the money, much like a postcode for banks. You will need it mainly for payments that cross a border and payments in foreign currencies.

We wrote this page to help anyone who receives money at an account at Mirabaud Asset Management LTD. Remember that the BIC only identifies the bank, not the account: the account number or IBAN takes care of that.

A note on our data

We collect SWIFT/BIC codes using public sources and check them regularly. Even so, banks merge, rename themselves or change codes, so information can be out of date. The number of codes on this page are based on what is in our directory and not on information from Mirabaud Asset Management LTD itself.

Before any payment that matters, always check the BIC with the recipient’s bank or with the recipient. We are a comparison service and not affiliated with Mirabaud Asset Management LTD. Should you notice a mistake, we appreciate a message.

Mirabaud Asset Management LTD: head office code versus branch codes

Having 3 codes in 1 cities, Mirabaud Asset Management LTD belongs to the banks that use separate codes for parts of the organisation. The head office code remains MIRMGB2LXXX.

Usually there is no need to look up a branch: transfers sent to MIRMGB2LXXX reach Mirabaud Asset Management LTD without problems. If you have been given a specific code, stick to it rather than replacing it with the head office code.

The safest approach is to copy the code directly from the recipient’s statement. Codes for branches are more prone to be retired than MIRMGB2LXXX.

Paying someone abroad from your Mirabaud Asset Management LTD account

An international bank payment can cost rather more than the listed fee. On top of a fixed fee, banks in between may deduct a fee, and when the money changes currency the bank usually applies a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: many banks convert at a rate that includes a margin. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service turns out to be cheaper than a bank. Before your next transfer, it is worth comparing the total cost on GoldexPay instead of going straight to your bank. Using a transfer service does not mean closing your account at Mirabaud Asset Management LTD – you pay the provider from your own account.

Verifying the SWIFT code of Mirabaud Asset Management LTD

Have the recipient copy their bank details straight from their banking app. When the code you were given differs from MIRMGB2L or MIRMGB2LXXX, stop and ask.

Mistakes in the BIC tend to be costly rather than disastrous: often the payment comes back, minus fees. Do not forget the IBAN: an error there is harder to undo than a wrong code.

Most online banking apps check the format of an IBAN and sometimes look up the BIC automatically. If your bank offers it, a name check on the recipient adds an extra layer of safety. A small test payment can be worth it for a large first payment despite the extra fee.

Do you need MIRMGB2L for a SEPA transfer?

Since United Kingdom is in SEPA, a euro transfer to Mirabaud Asset Management LTD from another SEPA country normally requires just an IBAN. Most banking apps no longer ask for the BIC in that case or fill it in for you.

Outside the euro and for senders outside SEPA, MIRMGB2LXXX is still required. A few forms also ask for the BIC out of habit; if so, enter MIRMGB2L.

Euro payments within SEPA normally land by the next business day, and instant transfers in seconds where both banks support them. As long as no currency is converted, the transfer tends to be cheap; it is the conversion that costs money.

Sending GBP to Mirabaud Asset Management LTD

Accounts at Mirabaud Asset Management LTD are usually held in GBP, the national currency of United Kingdom. Money sent in a different currency is exchanged into GBP before it reaches the account – and the bank that does it picks the rate. There is rarely a separate charge for that conversion; it is built into the rate.

Who converts the money matters: every bank has its own margin. Often you pay less to send GBP straight away through a transfer service with a good rate.

Rates for GBP change all the time. With bigger transfers, even seemingly small difference in the rate can be worth more than the fee.

8 or 11 characters: MIRMGB2L versus MIRMGB2LXXX

The structure of a BIC never changes: a bank code of four letters, two for the country and a two-character location code, sometimes followed by a branch code. In this case, the 8-character core is MIRMGB2L.

Most banks and apps accept both lengths. If a form asks for eleven characters, enter MIRMGB2LXXX.

In practice the code is typed in capitals. Pasting the code beats typing it by hand, because one wrong letter changes the bank.

Incoming international payments to Mirabaud Asset Management LTD

If you are waiting for a payment from another country, send the payer a complete set of details. In practice that means: your full name as registered with Mirabaud Asset Management LTD, your account number or IBAN, the SWIFT/BIC code MIRMGB2LXXX (or MIRMGB2L) and, often, your postal address.

Some banks want the bank’s address in London. Double-check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

The amount you receive can be less than the amount sent. Fees for incoming transfers differ from bank to bank – the price list of Mirabaud Asset Management LTD tells you what applies. For business payments, you can state how the fees are split to avoid a shortfall.

Transfer times and tracking a payment to Mirabaud Asset Management LTD

A SWIFT payment usually takes anywhere from one to several business days, depending on the currency, the route and the banks involved. Transfers sent after the cut-off time or just before a weekend or public holiday usually start a business day later. Extra checks on larger or unusual payments can also add a delay.

If the money seems late, contact the sending bank about the tracking status so they can trace it along the chain. Save your transfer receipt until the money has arrived; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the sender needs to contact the bank that sent it. On the receiving end, you can check your account to see a slightly lower amount.

Protect yourself against fake payment requests

Scammers regularly use payment requests with changed bank details sent from what looks like a familiar address. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Check changed bank details through a different channel like a call to a number from an earlier contract. Watch out for time pressure, unusual wording or a sender address that is slightly off. When money has already gone to the wrong account, call your bank right away.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to refund the difference. A payment confirmation from the sender is no proof – check your own account.