Nomura Code Securities Limited SWIFT/BIC code

SWIFT/BIC code of Nomura Code Securities Limited

If an invoice shows CODCGB21 or CODCGB21XXX, you are looking at the same identifier for Nomura Code Securities Limited in United Kingdom. Banks worldwide use BIC codes to direct international transfers to the right institution. It comes up 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 Nomura Code Securities Limited. A SWIFT code identifies an institution, not a single account.

Before you send: check the Nomura Code Securities Limited code

Ask the recipient to send you their account details straight from their banking app. If the code you have does not match CODCGB21 or CODCGB21XXX, do not guess: check with the recipient or with Nomura Code Securities Limited directly.

If the code is wrong, the payment may get stuck, bounce back or end up costing more, and tracing it can take weeks. Remember the IBAN: an error there can be more difficult to undo than a wrong BIC.

Many banking apps check the structure of an IBAN – that confirms the format, not the owner. More and more banks compare the name with the account before you confirm. Sending a small amount first is worth it for a large first payment despite the extra fee.

Choosing between the 2 SWIFT codes of Nomura Code Securities Limited

With 2 codes in 1 locations, Nomura Code Securities Limited belongs to the banks that use separate codes for branches. The main code is CODCGB21XXX.

Usually you do not need to look up a branch: payments addressed to CODCGB21XXX reach Nomura Code Securities Limited correctly. A branch code only makes sense when the recipient’s bank explicitly asks for it.

The safest approach is to take the code straight from the account holder’s bank details. Codes for branches are more prone to change than the head office code.

Getting paid from abroad into a Nomura Code Securities Limited account

If you are waiting for money from abroad, send the payer a complete set of details. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC CODCGB21XXX (or CODCGB21) and usually your postal address.

Certain sending banks want the address of Nomura Code Securities Limited. Double-check the details before you share them.

Money from abroad does not always land in full. Charges on incoming payments vary from bank to bank; check the price list of Nomura Code Securities Limited. Agree with the sender who covers the fees, especially for larger amounts.

What the XXX in CODCGB21XXX means

Each SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. Together, these eight characters make up CODCGB21, the code most people search for.

Many banks and apps work with either length. If a form requires eleven characters, enter CODCGB21XXX.

Leave out spaces, dots when you type CODCGB21 or CODCGB21XXX. Look out for the letter O and the digit 0 or I versus 1.

Sending money abroad from Nomura Code Securities Limited

A bank transfer abroad costs rather more than the listed fee. There is the transfer fee, possibly charges from correspondent banks in between and, above all, the exchange rate markup.

Banks rarely list the margin on the rate as a cost. Compare their rate against the mid-market rate – the rate you find on financial news sites.

Specialist money transfer services frequently use a rate near the mid-market rate and lower fees. GoldexPay compares the amount that arrives with different providers, so you can pick the cheapest route. Using a transfer service does not mean closing your account at Nomura Code Securities Limited.

Paying into Nomura Code Securities Limited in GBP

United Kingdom pays in the British Pound (GBP). A payment in a foreign currency is exchanged into GBP before it reaches the account, and whoever converts it chooses the rate. You rarely see a separate charge for the conversion – the cost sits in the rate.

Where the conversion happens affects the final amount, since every bank sets its own rate. Transferring the amount directly in GBP usually avoids an extra conversion, provided the rate you get is fair.

The rate for GBP fluctuates constantly and quotes are often valid only for a short time. If you pay regularly, a slightly better rate add up over time.

Paying Nomura Code Securities Limited in euros within SEPA

United Kingdom is part of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a standard euro transfer within SEPA, the IBAN is usually enough; many banks no longer ask for the BIC.

The BIC does matter for payments in other currencies and when the money comes from outside SEPA. If your banking app asks for the BIC regardless, adding CODCGB21 is fine.

Instant payments in euros have become widely available within SEPA – whether Nomura Code Securities Limited offers them for your account is worth checking. Charges on SEPA transfers are generally low.

Scams that use SWIFT codes

A common scam works like this: an email arrives with a request claiming that a company now has new bank details. A real SWIFT code tells you nothing about who owns the account – scammers simply use real codes.

Always confirm changed bank details by phone, using a number you already had. Urgency or requests to keep it quiet tend to be warning signs – a real supplier can wait a day. If a payment has already gone to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

People receiving money can be targeted as well: a classic trick is a buyer who pays too much and then sends a request to refund the difference abroad. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Transfer times and tracking a payment to Nomura Code Securities Limited

An international transfer usually takes anywhere from one to several business days. Bank holidays in the sending or receiving country can add extra days. Sometimes a bank asks about the purpose of a payment before releasing it.

If the money seems late, ask your bank about the status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services usually provide a status online so you can see how far the payment is.

A delayed transfer is traced by the sending bank, using the payment confirmation. On the receiving end, it helps to look at your account to see a slightly lower amount because fees can reduce the amount.

Where our SWIFT data comes from

The directory on GoldexPay is based on publicly available sources and is updated regularly. Banks merge, close branches and change codes, and a directory never catches every change immediately. The number of codes we show are based on our own data.

See the information on this page as a helpful check. GoldexPay is independent of Nomura Code Securities Limited. Found an error? Let us know via our contact form and we will look into it.