The Currency Cloud Limited SWIFT/BIC code

SWIFT/BIC code of The Currency Cloud Limited

The short code TCCLGB22 and the full code TCCLGB22XXX identify the same bank: The Currency Cloud Limited, with its head office in London. Banks worldwide use BIC codes to route international transfers to the correct institution. In practice you mostly come across it on international invoices, in your banking app and on the account details that The Currency Cloud Limited provides.

Below we go through the practical side: receiving money at The Currency Cloud Limited, paying someone in another country and how to check the code before you hit send. Keep in mind that the BIC just identifies the bank, not the account: the account number or IBAN takes care of that.

Sending GBP to The Currency Cloud Limited

The national currency of United Kingdom is the British Pound (GBP). A payment in a foreign currency will be exchanged into GBP – and the bank that does it picks the rate. Every conversion eats into the amount, even when no fee is shown.

Who converts the money makes a difference. In many cases you pay less to send GBP directly via a transfer service with a good rate.

The rate for GBP changes constantly, so the amount you see is usually only valid for a short time. If you pay regularly, small differences in the rate make a real difference over time.

About this information

We gather bank codes using public sources and update them regularly. It is possible that a code here is no longer current after a merger or reorganisation. Counts and locations are from our directory.

Treat this page as a reference, rather than as the last word: the recipient’s bank details come first. GoldexPay is an independent comparison site for money transfers and not part of The Currency Cloud Limited. Should you notice a mistake, we appreciate a message via the contact page.

Verifying the SWIFT code of The Currency Cloud Limited

The most reliable place for the right code is a document from the bank itself like a bank statement or the account page in online banking. Compare that code against TCCLGB22 here; if they differ, ask before you pay.

Mistakes in the SWIFT code are annoying rather than disastrous. A mistake in the IBAN or account number can be more serious.

Many banking apps validate the format of IBANs, but that does not prove the account belongs to the right person. More and more banks check the payee name with the account before you confirm. When you pay someone new, some people send a small amount first before sending the rest.

SEPA payments and the The Currency Cloud Limited BIC

Since United Kingdom is part of the SEPA zone, a euro transfer to The Currency Cloud Limited from another SEPA country normally requires just the IBAN. Most banking apps no longer ask for the BIC in that case.

You still need TCCLGB22XXX for payments in other currencies or transfers from countries outside SEPA. Some forms also show a field for the BIC out of habit; if so, fill in TCCLGB22.

Euro payments within SEPA normally land by the next business day. Provided no currency is converted, a SEPA transfer is inexpensive; costs rise once a conversion is involved.

Which of the 2 codes of The Currency Cloud Limited do you need?

Our directory lists 2 SWIFT/BIC codes for The Currency Cloud Limited, spread over 1 cities. Besides the head office code TCCLGB22XXX, you will find codes for individual branches and departments.

In most cases there is no need to pick a branch: transfers addressed to TCCLGB22XXX reach The Currency Cloud Limited correctly. Branch codes are only needed when the account holder explicitly mentions it.

When in doubt, check with the recipient which code their bank gave them. Codes for branches are more prone to change than TCCLGB22XXX when a bank merges or closes offices.

Changed bank details? Be careful

Stay alert when someone suddenly asks you to send money to a different account abroad. That TCCLGB22 is a real code is no guarantee that a request mentioning it is legitimate.

Check changed bank details through a different channel, such as a phone number you already know. Be suspicious of urgent requests, odd spelling or an email address that differs by one letter. If money has already gone to the wrong account, contact your bank immediately.

Scams can also work the other way: someone sends more than agreed and asks you to return the extra via a different route. A payment confirmation from the sender proves nothing.

How long does an international transfer to The Currency Cloud Limited take?

How fast a payment reaches The Currency Cloud Limited is determined by a few things: the currency, the number of banks in between, cut-off times and time zones. Transfers sent late in the day or on weekends and holidays usually go out a business day later. Extra checks by one of the banks can also cause a delay, regardless of the details.

If a transfer seems late, ask your bank for the status and the transaction reference. Keep the payment confirmation – you will need it for any trace request.

If the money does not arrive within the expected time, the sender needs to contact the bank that sent it. On the receiving end, you can check your account to see a slightly lower amount because fees can reduce the amount.

Receiving money from abroad at The Currency Cloud Limited

A sender in another country needs a few details about your account, and missing ones are a common cause of delays. In practice that means: your full name exactly as it appears on the account, your account number or IBAN, the BIC TCCLGB22XXX and usually your postal address.

You can include The Currency Cloud Limited and its city as well, since some forms ask for it. A typo in your account number is more trouble than it looks, so copy the details from your online banking.

Money from abroad will not always land in full. Charges on incoming payments differ from bank to bank. Make clear with the sender who covers the fees.

What the XXX in TCCLGB22XXX means

The layout of a BIC is always the same: a bank code of four letters, a two-letter country code and a two-character location code, sometimes followed by a branch code. That gives you TCCLGB22, the short form of the code.

Many banks and apps accept either length. If a form asks for eleven characters, use TCCLGB22XXX, otherwise TCCLGB22 is fine.

Do not add spaces or dashes when you type TCCLGB22 or TCCLGB22XXX. Copying the code beats typing it by hand.

Sending money abroad from The Currency Cloud Limited

The price of an international transfer has more than one component, and the transfer fee is only the most visible one. You pay the transfer fee, possibly fees charged by intermediary banks in between and, most importantly, the exchange rate markup.

Banks rarely show their exchange rate markup as a cost – you only notice it if you compare. A simple test: put the bank’s rate next to the mid-market rate and work out the difference on your amount.

Money transfer services frequently use rates closer to the mid-market rate and lower fees. Next time you send money, take a minute to compare what arrives via GoldexPay instead of going straight to your bank. You can still keep your account at The Currency Cloud Limited to fund the transfer.