Quilter Cheviot Limited SWIFT/BIC code

SWIFT/BIC code of Quilter Cheviot Limited

The short code CHEPGB21 and the 11-character code CHEPGB21XXX refer to the same bank: Quilter Cheviot Limited. Every bank on the SWIFT network uses BIC codes to direct international transfers to the right bank. It comes up mainly when dealing with transfers between countries and payments in foreign currencies.

On this page you will find how the code is put together, when you need it and what else a transfer to or from Quilter Cheviot Limited requires. The BIC names an institution, not a single account; the IBAN or account number does that.

The British Pound and what conversion costs you

Accounts at Quilter Cheviot Limited are typically held in GBP, the local currency. Money sent in a different currency is converted into GBP, and whoever converts it chooses the rate. Each conversion eats into something – usually through the rate rather than a fee.

Which bank converts the payment makes a difference. Often you pay less if you send GBP directly via a provider that converts near the mid-market rate rather than letting the receiving bank convert.

Exchange rates change during the day, and some providers let you lock in a rate. On larger amounts, a small difference in the rate can be worth more than the fee.

Scams that use SWIFT codes

A common scam goes like this: an email arrives with a message claiming that a contact has a new bank account and asking you to pay there from now on. That CHEPGB21 is a real code is no guarantee that a request mentioning it is genuine.

Always verify changed bank details through a phone call. Pressure and requests to keep it quiet are red flags. If money was sent to a fraudster, call your bank right away: the sooner they act, the better the chance of a recall.

Fraud can also target the receiver: someone sends too much and wants you to refund the difference to a new account. Wait until the money is actually in your account – ask Quilter Cheviot Limited if something looks wrong.

Quilter Cheviot Limited: head office code versus branch codes

Quilter Cheviot Limited has 3 separate SWIFT/BIC codes. One of them is the head office code, CHEPGB21XXX; the rest identify branches or departments.

Usually there is no need to look up a branch: transfers addressed to CHEPGB21XXX are routed within Quilter Cheviot Limited correctly. Just use a branch code when your contact gives you that exact code, for example on a letter or invoice.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes can change when banks reorganise, so do not rely on old paperwork.

Tracking a transfer to or from Quilter Cheviot Limited

There is no single answer: some land within a day while others need several business days. Transfers sent late in the day or on a weekend or public holiday usually go out a business day later. Occasionally a bank asks what the payment is for.

A growing number of banks use SWIFT gpi. Each gpi transfer carries a unique transaction reference, the UETR. Money transfer services usually provide tracking online so you can see where the money has got.

If a payment has not arrived after a few business days, the person who paid should contact their own bank rather than Quilter Cheviot Limited. Ask the sender for a copy of the payment confirmation.

International transfers from Quilter Cheviot Limited: the real cost

If you send money abroad via Quilter Cheviot Limited, the visible fee is rarely all of the cost. Besides a fixed fee, banks in between can take a cut, and when the money changes currency the bank usually uses a rate below the real market rate.

Many banks rarely list the margin on the rate separately. A simple test: set the rate you get next to the mid-market rate and look at the difference.

For many currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the rate. Before your next transfer, take a minute to compare the total cost on GoldexPay rather than accepting the bank’s rate by default. Choosing a specialist does not require leaving Quilter Cheviot Limited: you simply pay the service from your account.

How to check CHEPGB21 before you pay

The most reliable place for the correct BIC remains paperwork issued by the bank. Compare it against CHEPGB21 on this page.

Errors in the BIC are costly more than disastrous: often the payment comes back, minus fees. Do not forget the account number: an error there can be harder to undo than a wrong code.

An automatic check in your banking app only tells you that the code exists. Some banks now check the payee name against the account; take any warning seriously. Sending a small amount first is worth it for large sums despite the extra fee.

Where our SWIFT data comes from

The directory on GoldexPay draws on public sources. Institutions reorganise, close branches and change codes, and a directory never catches every change immediately. The figures on this page reflect what is in our directory and not on information from Quilter Cheviot Limited itself.

See our directory here as a handy check and rely on the recipient or Quilter Cheviot Limited for the final confirmation. GoldexPay has no connection to Quilter Cheviot Limited; we are a comparison site for money transfers. Found an error? Let us know via our contact form.

8 or 11 characters: CHEPGB21 versus CHEPGB21XXX

A SWIFT code is made up of fixed blocks: characters one to four stand for the bank, characters five and six show the country and the two after that mark the location. For Quilter Cheviot Limited, that core is CHEPGB21.

XXX at the end of CHEPGB21XXX does not stand for a placeholder or an error: it indicates the main office of Quilter Cheviot Limited. Some banking apps insist on 11 characters, in which case you simply add XXX after CHEPGB21.

In practice the code is written in capitals. Pasting the code beats typing it by hand.

What to give a sender who pays you at Quilter Cheviot Limited

When you are waiting for money from abroad, send the payer a complete set of details. In practice that means: your name as registered with Quilter Cheviot Limited, your account number or IBAN, the BIC CHEPGB21XXX (or CHEPGB21) and, often, your address.

You can add the bank name and London too, because some payment forms have separate fields for them. A mistake in your account number is more trouble than it looks, so copy the details from your online banking.

Money from abroad does not always land in full. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate applies. Make clear with the sender who pays which costs.

SEPA payments and the Quilter Cheviot Limited BIC

United Kingdom is part of the SEPA area, where euro transfers follow common rules. For a regular euro transfer from another SEPA country, the IBAN is usually enough; many banks no longer ask for the BIC.

The BIC still matter when the currency is not euros and when the money comes from outside SEPA. Some forms also show a field for the BIC; in that case, enter CHEPGB21.

Euro payments within SEPA normally land within one business day, and instant transfers in seconds where both banks support them. Charges on SEPA payments tend to be low.