RBC Europe Limited SWIFT/BIC code

ROYCGB22 – the SWIFT/BIC code of RBC Europe Limited

The short code ROYCGB22 and the full code ROYCGB22XXX identify one and the same institution: RBC Europe Limited in London, United Kingdom. A SWIFT code shows every bank in the chain exactly which bank should receive the money. In daily life you usually come across the code on invoices from abroad, in your banking app and in the bank details of RBC Europe Limited customers.

This page is meant to help anyone who receives money at an account at RBC Europe Limited without mistakes. The BIC names a bank or branch, never a single account, which is why you always need the account number too.

Incoming international payments to RBC Europe Limited

To receive a transfer from abroad into your account at RBC Europe Limited, the person paying you has to have more than the SWIFT code. Share the account holder’s name, the IBAN or account number, the BIC ROYCGB22XXX and your address.

Some banks also ask for the bank’s address; it does no harm to include it. A mistake in your account number can be more trouble than it looks; copy them from your banking app rather than typing.

The amount you receive can be less than the amount sent. Charges on incoming payments vary per bank; check the price list of RBC Europe Limited. Agree with the sender who covers the fees.

Before you send: check the RBC Europe Limited code

Have the recipient copy the account details directly from a recent statement. Check it against ROYCGB22 here.

Mistakes in the BIC are annoying rather than disastrous – usually the money comes back, minus fees and time lost. Remember the account number: an error there is harder to undo than a wrong BIC.

A format check by your bank merely tells you that the IBAN exists, not that it is the right account. If your bank offers it, a payee name check on the recipient gives an extra layer of safety. Sending a small amount first can be worth it for large sums, even if it costs an extra fee.

About this information

This directory is based on public sources and we update it periodically. Institutions merge, change names and change codes. The number of codes on this page are based on our own data.

Treat our directory on this page as a handy check. We are an independent comparison service for money transfers and not affiliated with RBC Europe Limited. If you notice something that is out of date, we welcome a short note via the contact page.

SEPA payments and the RBC Europe Limited BIC

Since United Kingdom is in SEPA, a euro payment to RBC Europe Limited from another SEPA country usually requires just an IBAN. Many banks no longer ask for the BIC for these payments.

You will still need ROYCGB22XXX when sending non-euro payments or money from outside the SEPA area. If your banking app asks for the BIC regardless, adding ROYCGB22 is fine.

Instant euro transfers are widely supported across SEPA; check with RBC Europe Limited whether it applies to your account. Provided the payment stays in euros, the transfer is inexpensive.

ROYCGB22 or ROYCGB22XXX – which one to use?

The layout of a BIC is always the same: four characters for the institution, two for the country and two for the location, plus an optional branch code. In this case, that core is ROYCGB22.

XXX at the end of ROYCGB22XXX does not stand for a placeholder or a mistake: it indicates the main office of RBC Europe Limited. Some forms insist on 11 characters, and then you simply enter XXX behind ROYCGB22.

As a rule the code is written in capitals. Copying the code beats retyping it, because one wrong letter changes the bank.

Head office or branch code at RBC Europe Limited?

With 2 codes in 1 locations, RBC Europe Limited is one of the banks that use separate codes for branches and departments. The main code remains ROYCGB22XXX.

If nobody asks you for a branch code, use ROYCGB22XXX. If you have been given a specific code, use it as it is instead of replacing it for the head office code.

The best way is to take the code straight from the recipient’s statement. Codes for branches are more prone to be retired than the head office code when a bank merges or closes offices.

Sending money abroad from RBC Europe Limited

The price of a payment abroad is made up of several parts. You pay the fee for the transfer itself, sometimes charges from correspondent banks along the way and, above all, the exchange rate markup if the currency changes.

The real cost is often in the rate: many banks convert using an exchange rate that includes a margin. A simple test: put the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For many currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer. GoldexPay lists transfer providers next to each other, showing the amount the recipient gets. You can always keep your account at RBC Europe Limited; only the conversion and sending happen elsewhere.

Transfer times and tracking a payment to RBC Europe Limited

How fast a transfer arrives at RBC Europe Limited depends on a few things: the currency, the number of banks in between, daily processing deadlines and differences in time zone. Payments made 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.

If a transfer seems late, ask your bank for the status; with that reference banks can see where the payment is. Money transfer services often show a status in their app showing where the money is.

If the money does not arrive within the expected time, the person who paid needs to start with their own bank rather than RBC Europe Limited. On the receiving end, it helps to check your account to see a slightly lower amount because fees can reduce the amount.

Sending GBP to RBC Europe Limited

United Kingdom pays in the British Pound, with the currency code GBP. When you pay another currency gets converted somewhere along the way. Every conversion costs something – usually through the rate rather than a fee.

Who converts the money makes a difference: every bank has its own margin. Check how much GBP arrives via different services before choosing one.

Exchange rates move all the time, and some providers let you lock in a rate. With bigger transfers, a small difference in the rate adds up quickly.

Protect yourself against fake payment requests

Scammers regularly send payment requests with new bank details sent from what looks like a familiar address. That ROYCGB22 is a real code does not mean that the account is legitimate – fraudsters use real bank codes as well.

Before paying, confirm a change of bank details by phone on a number you know, not one from the message. Watch out for time pressure, odd spelling or a sender address that is slightly off. When a payment was sent to the wrong account, contact your bank immediately.

People receiving money can be targeted as well: one known trick is a buyer who pays too much and then sends a request to send back the difference abroad. A screenshot of a transfer proves nothing.