Travelex LTD SWIFT/BIC code

Travelex LTD SWIFT code: TRAVGB22

The 8-character code TRAVGB22 and the 11-character code TRAVGB22XXX identify one and the same institution: Travelex LTD in London, United Kingdom. A BIC has a single purpose: it ensures that a cross-border transfer reaches the right bank. In practice you usually see it on invoices from abroad, in payment forms and in the bank details that Travelex LTD provides.

Further down we go through the practical side: receiving money at Travelex LTD, paying someone in another country and how to verify a SWIFT code before you hit send. The SWIFT code alone cannot identify an individual account holder; that is what the IBAN or account number .

Which of the 7 codes of Travelex LTD do you need?

Travelex LTD uses 7 separate SWIFT/BIC codes across 1 cities. Only one is the head office code; the rest identify branches.

If nobody asks you for a branch code, go with TRAVGB22XXX. When you receive a branch code, use it as it is rather than replacing it for the head office code.

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

Paying Travelex LTD in euros within SEPA

Within the SEPA zone, euro transfers to an account in United Kingdom follow the same rules. The BIC field is usually optional or missing for those payments.

Outside the euro and from non-SEPA countries, TRAVGB22XXX or TRAVGB22 remains part of the payment details. Some banks and apps also ask for the BIC out of habit; in that case, fill in TRAVGB22 or TRAVGB22XXX.

SEPA transfers usually arrive within one business day, and instant transfers in seconds where both banks support them. Fees for SEPA payments tend to be low.

What to give a sender who pays you at Travelex LTD

To receive a transfer from abroad at Travelex LTD, the person paying you has to have more than the BIC. In practice that means: your full name as registered with Travelex LTD, your account number or IBAN, the SWIFT/BIC code TRAVGB22XXX (or TRAVGB22) and, often, your address.

It helps to add the bank name and its city as well, since some forms ask for it. Check every detail before you send them, because the sender’s bank usually copies them as is.

An incoming payment will not always land in full. Correspondent banks can take a fee, and if the money is converted, an exchange rate margin applies. For business payments, it is common to agree how the fees are split.

Why Travelex LTD has an 8- and an 11-character code

A BIC is built from a few fixed parts: characters one to four identify the bank, characters five and six give the country and the two after that mark the location. Together, these eight characters make up TRAVGB22 – the version you usually see online.

XXX at the end of TRAVGB22XXX is not a missing value or a mistake: it indicates the main office of Travelex LTD. Some forms insist on 11 characters, and then you simply enter XXX behind TRAVGB22.

Type the code as one block, in upper case and without spaces, exactly as shown here. Pasting the code beats typing it by hand: a typo can point to another bank.

How up to date is this code?

We gather SWIFT/BIC codes using publicly available data and check them from time to time. It is possible that information here is out of date. The figures on this page reflect our own data, not official figures from Travelex LTD.

Treat our data as a reference, rather than as the final word: the recipient’s bank details come first. We are an independent comparison service and not part of Travelex LTD. If you notice a mistake, we appreciate a short note via the contact page.

British Pound (GBP) and conversion costs

Accounts at Travelex LTD are usually held in GBP, the local currency. Money sent in a different currency will be converted into GBP. Each conversion costs something – usually through the rate rather than a fee.

Which bank converts the payment matters: every bank has its own margin. Sending the money directly in GBP usually prevents an extra conversion – as long as your own rate is good.

Exchange rates change during the day, and some providers let you lock in a rate. With bigger transfers, a small gap in the rate can be worth more than the fee.

Is TRAVGB22 still correct? How to check

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. When the code you were given differs from TRAVGB22 or TRAVGB22XXX, stop and ask: check with the recipient or with Travelex LTD directly.

Errors in the SWIFT code tend to be costly more than disastrous: often the payment comes back, minus fees. Do not forget the account number: an error there is more difficult to correct than a wrong BIC.

A format check by your bank only tells you that the code exists – not that it belongs to the person you mean to pay. More and more banks check the name against the account; take any warning seriously. For a first payment, many people start with a small test amount before sending the rest.

International transfers from Travelex LTD: the real cost

An international bank payment costs more than the fee suggests. You pay the fee for the transfer itself, possibly charges from correspondent banks in between and, above all, the exchange rate markup if the currency changes.

That exchange rate margin is often the largest item because it is hidden in the rate. An easy check: set the rate you get next to the mid-market rate for the same moment and work out the difference on your amount.

Specialised transfer providers frequently offer rates closer to the mid-market rate. GoldexPay compares what recipients receive with different services. Using a transfer service does not require leaving Travelex LTD: you simply pay the service from your account.

When will the money arrive at Travelex LTD?

How fast a transfer arrives at Travelex LTD is determined by a few things: the currency, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Transfers sent late in the day or just before weekends and holidays often start the next business day. Extra checks by one of the banks can also add some delay.

Many banks use SWIFT gpi for faster and traceable payments. Every payment gets a unique transaction reference, the UETR. Money transfer services usually provide tracking in their app so you can see how far the money is.

A delayed transfer is traced by the sending bank, using the payment confirmation. Ask the sender for the payment receipt including the reference – it helps your own bank look for the money.

Scams that use SWIFT codes

Criminals regularly send fake invoices with changed bank details. A correct SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Never rely on a phone number in the same message that contains the change. Watch out for time pressure, odd spelling or an email address that differs by one letter. Already paid? Contact your bank without delay and have them try to recall the payment.

Fraud also work the other way. Someone claims to have sent more than agreed and wants you to return the extra. A payment confirmation from the sender is no proof; only your own account shows what has arrived.