Singer Capital Markets Limited SWIFT/BIC code

Singer Capital Markets Limited SWIFT code: KSFCGB21

The short code KSFCGB21 and the 11-character code KSFCGB21XXX identify one and the same institution: Singer Capital Markets Limited, with its head office in London. A BIC does one job: it ensures that a cross-border transfer reaches the right bank. It comes up mainly for transfers between countries.

On this page you can read how the code means, when you need it and what else a transfer to or from Singer Capital Markets Limited requires. The SWIFT code on its own does not identify an individual account holder; for that you need the IBAN or account number .

About this information

Our SWIFT/BIC directory is based on publicly available sources and we update it periodically. Still, banks merge, rename themselves or retire codes. Counts and locations are from our own dataset and may differ from what Singer Capital Markets Limited publishes.

Use this page as a reference, not as the last word – the bank details from the recipient are leading. GoldexPay is independent of Singer Capital Markets Limited; we are a comparison site for money transfers. Found outdated information? Let us know through the contact page so we can correct it.

Sending money abroad from Singer Capital Markets Limited

What you pay for an international transfer is made up of several parts. There is the transfer fee, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate when the money is converted.

Many banks do not show the margin on the rate as a cost, but you pay it all the same. An easy check: put the rate you get against the mid-market rate for the same moment and look at the difference.

For many routes, a transfer service is cheaper than a traditional bank transfer – mostly thanks to the rate. Before your next transfer, it is worth comparing what arrives on GoldexPay instead of going straight to your bank. You can always keep your account at Singer Capital Markets Limited; only the conversion and sending happen elsewhere.

What to give a sender who pays you at Singer Capital Markets Limited

For an international payment into your account at Singer Capital Markets Limited, the sender has to have more than the BIC. The basics are: the account holder’s name, account number or IBAN, KSFCGB21XXX or KSFCGB21 and in many cases your home address.

The sender’s bank may also ask for the bank address of Singer Capital Markets Limited; the head office in London is usually fine. Check the details before you send them.

Money from abroad will not always arrive in full. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, an exchange rate margin comes on top. On invoices, it is common to agree who bears the costs to avoid a shortfall.

KSFCGB21 or KSFCGB21XXX – which one to use?

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. In this case, the 8-character core is KSFCGB21.

The long version has three more characters that identify a branch or department. If the last three are XXX, they simply mean the head office, so KSFCGB21XXX and KSFCGB21 are interchangeable.

Type the code in one piece, in capitals and without spaces. Copying the code is safer than retyping it: a typo can point to another bank.

Verifying the SWIFT code of Singer Capital Markets Limited

Ask the recipient to copy their account details directly from their banking app. When the code you were given does not match KSFCGB21 or KSFCGB21XXX, do not guess – contact the recipient or Singer Capital Markets Limited.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges. An error in the account number is more serious; check it just as carefully.

Most online banking apps check the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. Some banks now check the payee name against the account before you confirm. Sending a small amount first is worth it for a large first payment.

SEPA payments and the Singer Capital Markets Limited BIC

Because United Kingdom is in the SEPA zone, a euro payment into Singer Capital Markets Limited from another SEPA country usually requires just the IBAN. Most banking apps no longer ask for the BIC for these payments or fill it in for you.

A SWIFT code like KSFCGB21 does matter when the currency is not euros and when the money comes from outside SEPA. If your banking app has a field for the BIC anyway, adding KSFCGB21 is fine.

Instant payments in euros have become increasingly available within SEPA; check with Singer Capital Markets Limited whether it applies to your account. Fees for SEPA transfers tend to be low, as long as no currency conversion is involved.

When will the money arrive at Singer Capital Markets Limited?

There is no fixed delivery time for international payments: some arrive within a day. Weekends and public holidays in either country can add extra days to the journey. Extra checks on larger or unusual payments may also cause some delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi. Each gpi transfer carries a unique transaction reference, the UETR. Specialist transfer services often provide a status online showing where the money is.

A delayed transfer has to be investigated by the sending bank on the basis of the transfer details. As a recipient, it helps to look at your account for a slightly lower amount, since fees may have been deducted.

Sending GBP to Singer Capital Markets Limited

The national currency in United Kingdom is the British Pound (GBP). If you send money in a different currency, the amount gets converted at some point: by your bank, an intermediary or Singer Capital Markets Limited itself. Every conversion eats into something, even when no fee is shown.

Which bank converts the money matters, because each party uses its own rate. Sending the money directly in GBP often avoids a second conversion by Singer Capital Markets Limited, provided the rate you get is fair.

Exchange rates move all the time, and some providers let you lock in a rate. On larger amounts, even seemingly small difference in the rate adds up quickly.

Protect yourself against fake payment requests

Fraudsters often send payment requests containing new bank details sent from what looks like a familiar address. That KSFCGB21 is a real code is no guarantee that the account is genuine; criminals use the codes of real banks too.

Always confirm changed bank details through a phone call on a number you know, not one from the message. Watch out for time pressure, unusual wording or a sender address that is slightly off. If money was sent to the wrong account, call your bank right away.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to send back the difference. Wait until the money has really arrived.

Which of the 4 codes of Singer Capital Markets Limited do you need?

With 4 codes, Singer Capital Markets Limited belongs to the banks that use separate codes for parts of the organisation. The main code remains KSFCGB21XXX.

For most incoming transfers, the head office code KSFCGB21XXX is what you need. Branch codes are only needed if the account holder explicitly asks for it, which is more common for corporate accounts and specialised services.

Not sure which code applies? Ask the recipient or the bank itself. Codes for branches are more prone to change than the head office code when a bank merges or closes offices.