Unity Trust Bank PLC SWIFT/BIC code

Unity Trust Bank PLC SWIFT code: UYTBGB21

Whether a recipient gives you UYTBGB21 or UYTBGB21XXX, you are looking at the identical address for Unity Trust Bank PLC in United Kingdom. Every bank on the SWIFT network uses these codes to direct payments between countries to the right institution. In practice you mostly see the code on international invoices, in payment forms and in the bank details of Unity Trust Bank PLC customers.

This page is meant to help people who pays into an account at Unity Trust Bank PLC and wants to get the details right. Remember that the SWIFT code just identifies the bank, not the account: the account number or IBAN does that part.

Tracking a transfer to or from Unity Trust Bank PLC

How quickly a transfer reaches Unity Trust Bank PLC is determined by several factors: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Payments made after the cut-off time or just before a weekend or public holiday often go out the next business day. Sometimes a bank wants to know about the purpose of a payment before releasing it.

If the money is late, ask the sending bank about the status or the UETR. Specialist transfer services usually show a status online so you can see how far the payment is.

Only the sending bank can start an official trace. As a recipient, it helps to check your account for a partial amount.

Changed bank details? Be careful

Fraudsters regularly send payment requests containing new bank details sent from what looks like a familiar address. A real SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Never trust contact details from the same email that contains the new account. Be suspicious of urgent requests, odd spelling or a sender address that is slightly off. Acted too fast? Contact your bank without delay and ask them to start a recall; also report it to the police.

Fraud also target the receiver. Someone sends too much and wants you to return the difference. Wait until the money has really arrived.

Paying someone abroad from your Unity Trust Bank PLC account

An international bank payment costs rather more than the fee suggests. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, and when currencies are converted, the bank usually applies a rate below the real market rate.

Many banks rarely list the margin on the rate as a cost. Check the rate you are offered with the mid-market rate – the rate you find on financial news sites.

Money transfer services often use a rate near the mid-market rate and lower fees. Next time you send money, it is worth to compare what arrives via GoldexPay. Choosing a specialist does not mean closing your account at Unity Trust Bank PLC.

Verifying the SWIFT code of Unity Trust Bank PLC

The most reliable place for the correct BIC remains paperwork issued by the bank, such as a statement or the account details in online banking. Compare it against UYTBGB21 on this page.

Errors in the BIC tend to be costly more than disastrous – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number is a bigger problem because it can reach the wrong person.

Many banking apps validate the format of an IBAN and sometimes look up the BIC automatically. More and more banks compare the payee name against the account; take any warning seriously. When you pay someone new, many people start with a small amount first before sending the rest.

About this information

The details here come from publicly available data which we refresh regularly. Institutions reorganise, close branches and retire codes. The number of codes on this page are based on what is in our directory and not on information from Unity Trust Bank PLC itself.

Treat this page as a reference, not as the last word. GoldexPay is an independent comparison service for money transfers and not part of Unity Trust Bank PLC. If you notice a mistake, we appreciate a short note via the contact page.

What the XXX in UYTBGB21XXX means

A BIC is built from fixed blocks: characters one to four stand for the bank, the next two show the country and the two after that indicate the location. For Unity Trust Bank PLC, that core is UYTBGB21.

The full version has three more characters that identify a branch or department. When those three characters are XXX, the code points to the head office, so UYTBGB21XXX and UYTBGB21 are interchangeable.

In practice the code is written in capitals. A single character may route the money to a different institution, so copy it carefully.

Unity Trust Bank PLC: head office code versus branch codes

Having 2 codes in 1 cities, Unity Trust Bank PLC belongs to the banks that register individual codes for parts of the organisation and departments. The head office code is UYTBGB21XXX.

Usually you do not need to look up a branch: payments sent to UYTBGB21XXX reach Unity Trust Bank PLC without problems. Only use a branch code when your contact gives you that exact code.

When in doubt, ask the person you are paying which code their bank gave them. Branch codes are sometimes changed or retired over time, so do not rely on old paperwork.

Paying into Unity Trust Bank PLC in GBP

Most accounts at Unity Trust Bank PLC are typically held in GBP, the local currency. If you send money in a different currency, the amount has to be converted at some point – by your bank, by Unity Trust Bank PLC or by a bank in between. Each conversion costs something – usually through the rate rather than a fee.

Who converts the payment matters: every bank has its own margin. Compare what GBP the recipient gets with different providers.

The rate for GBP fluctuates throughout the day. With bigger transfers, a small gap in the rate can be worth more than the fee.

Receiving money from abroad at Unity Trust Bank PLC

For an international payment at Unity Trust Bank PLC, the sender has to have not just the BIC. Give them the account holder’s name, your account number or IBAN, the BIC UYTBGB21XXX and your address, which some banks require.

It helps to include the bank name and Birmingham too, because some payment forms have separate fields for them. A typo in the IBAN can be harder to fix than you might think; copy them from your banking app rather than typing.

An incoming payment will not always land in full. Intermediary banks may deduct a fee and your own bank may charge for processing, and if the currency changes, a markup on the rate applies. For business payments, you can state how the fees are split, so that nobody is left short.

Paying Unity Trust Bank PLC in euros within SEPA

United Kingdom is part of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a regular euro transfer from another SEPA country, the IBAN is usually enough.

The BIC still come into play for payments in other currencies and when the money comes from outside SEPA. A few forms still ask for the BIC out of habit; in that case, fill in UYTBGB21 or UYTBGB21XXX.

Euro payments within SEPA usually arrive within one business day. Charges on SEPA transfers are generally low.