Pershing Securities Limited SWIFT/BIC code

Pershing Securities Limited SWIFT code: PERLGB2L

PERLGB2L and PERLGB2LXXX are two ways of writing the same bank identifier, and both lead to Pershing Securities Limited in Liverpool. Every bank on the SWIFT network uses these codes to route international transfers to the correct bank. It comes up mostly for transfers between countries and payments in foreign currencies.

This page is meant to help people who receives money at an account at Pershing Securities Limited. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN is for.

Pershing Securities Limited: head office code versus branch codes

With 12 codes, Pershing Securities Limited belongs to the banks that register separate codes for branches. The main code remains PERLGB2LXXX.

Unless the recipient tells you otherwise, use PERLGB2LXXX or its short form PERLGB2L. If you have been given a branch code, stick to it rather than swapping it with the head office code.

The best way is to copy the code directly from the recipient’s invoice. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

International transfers from Pershing Securities Limited: the real cost

If you transfer money abroad via Pershing Securities Limited, the visible fee is only part of the cost. There is the transfer fee, possibly charges from correspondent banks along the way and, most importantly, the exchange rate markup if the currency changes.

Many banks rarely list the margin on the rate separately, but you pay it all the same. Check their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services often use rates closer to the mid-market rate with clearer fees. Next time you send money, it is worth to compare what arrives on GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving Pershing Securities Limited – you pay the provider from your own account.

Is PERLGB2L still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. Compare that code with PERLGB2L here; if they differ, ask before you pay.

An incorrect BIC may lead to delays, a returned payment or extra fees for investigation. An error in the account number can be a bigger problem because it can reach the wrong person.

Most online banking apps validate the format of IBANs – that confirms the format, not the owner. If your bank offers it, a name check on the recipient adds extra certainty. For a first payment, some people start with a small test amount and wait for confirmation.

Changed bank details? Be careful

One of the most common tricks works like this: an email arrives with a request saying that a supplier has new bank details. A real SWIFT code tells you nothing about who owns the account.

Check changed payment details through a separate channel, such as a phone number you already know. Watch out for time pressure, odd spelling or a sender address that is slightly off. Already paid? Contact the bank you paid from straight away and ask them to try to recall the payment; also report it to the police.

Fraud also work the other way. Someone sends too much and asks you to refund the extra via a different route. Wait until the money is actually in your account and check with Pershing Securities Limited if anything seems off.

British Pound (GBP) and conversion costs

United Kingdom uses the British Pound, with the currency code GBP. When you pay money in a different currency it gets converted somewhere along the way. You rarely see a separate line for that conversion.

Who converts the money makes a difference, because each party uses its own rate. Compare what GBP arrives with several services before choosing one.

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

Do you need PERLGB2L for a SEPA transfer?

Inside SEPA, euro payments to Pershing Securities Limited use the same rules, so the IBAN does the job in most cases. The BIC field is often optional in that case.

A SWIFT code like PERLGB2L still come into play when the currency is not euros, and for transfers from outside SEPA. Some forms still ask for the BIC; in that case, fill in PERLGB2L or PERLGB2LXXX.

Instant payments in euros are increasingly supported across SEPA. As long as the payment stays in euros, a SEPA transfer tends to be inexpensive.

Incoming international payments to Pershing Securities Limited

A sender in another country will ask for a few details about your account. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code PERLGB2LXXX and usually your postal address.

Some sending banks want the bank’s address in Liverpool; it does no harm to include it. Double-check every detail before you share them.

An incoming payment does not always arrive in full. Charges on incoming payments differ per bank. Make clear with the sender who pays which costs before the money is sent.

Transfer times and tracking a payment to Pershing Securities Limited

An international transfer typically takes anywhere from one to several business days. Transfers sent after the cut-off time or on weekends and holidays usually go out the next business day. Compliance checks on larger or unusual payments may also add a delay.

Many banks use SWIFT gpi for faster and traceable payments. Each gpi transfer carries a unique reference, the UETR that banks can use to trace it. Specialist transfer services often show a status in their app showing how far the payment is.

If the money does not arrive within the expected time, the person who paid should contact their own bank. As a recipient, you can look at your statements to see a partial amount because fees can reduce the amount.

8 or 11 characters: PERLGB2L versus PERLGB2LXXX

A SWIFT code is made up of a few fixed parts: characters one to four identify the bank, the next two show the country and the two after that indicate the location. Together, those parts form PERLGB2L – the version you usually see online.

Many payment forms work with both lengths. If yours requires eleven characters, enter PERLGB2LXXX; if it wants eight, use PERLGB2L.

Type the code in one piece, in upper case and without spaces, exactly as shown here. A single character can send a payment to a different institution, so check it twice.

A note on our data

This directory is compiled from public sources. It can happen that a code on this page is out of date after a merger or reorganisation. Counts and locations come from our directory and are not confirmed by Pershing Securities Limited.

For a payment of any size, confirm the BIC with Pershing Securities Limited or with the recipient. We are a comparison site for money transfers and not affiliated with Pershing Securities Limited. Found outdated information? Tell us via our contact form and we will look into it.