Western Union Business Solutions (UK) Limited SWIFT/BIC code

TGBPGB22 – the SWIFT/BIC code of Western Union Business Solutions (UK) Limited

TGBPGB22 and TGBPGB22XXX are two spellings of the same bank identifier, and both point to Western Union Business Solutions (UK) Limited in London. Every bank on the SWIFT network uses these codes to route payments between countries to the correct bank. It comes up mostly when dealing with transfers between countries.

We wrote this page to help anyone who pays into an account at Western Union Business Solutions (UK) Limited and wants to get the details right. Keep in mind that the BIC just identifies the bank, not the person: the account number or IBAN takes care of that.

Sending GBP to Western Union Business Solutions (UK) Limited

Most accounts at Western Union Business Solutions (UK) Limited are typically held in GBP, the local currency. When you pay money in a different currency, the amount gets converted at some point – by your bank, by Western Union Business Solutions (UK) Limited or by a bank in between. Each conversion costs something – usually through the rate rather than a fee.

Which bank converts the money matters: every bank has its own margin. Sending the amount already in GBP usually avoids an extra conversion at the receiving end – as long as your own rate is good.

Rates for GBP move all the time – some services let you fix a rate in advance. If you pay regularly, small differences in the rate add up over a year.

TGBPGB22 or TGBPGB22XXX – which one to use?

The layout of every SWIFT code never changes: four characters for the institution, a two-letter country code and a two-character location code. That gives you TGBPGB22, the short form of the code.

XXX at the end of TGBPGB22XXX does not stand for a placeholder or a mistake: it indicates the main office of Western Union Business Solutions (UK) Limited. Some forms insist on 11 characters, in which case you can enter XXX behind TGBPGB22.

Leave out spaces, dots when you enter TGBPGB22; the code is always written in one block. Copying the code beats retyping it, because one wrong letter changes the bank.

Tracking a transfer to or from Western Union Business Solutions (UK) Limited

How quickly a payment arrives at Western Union Business Solutions (UK) Limited depends on a few things: 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 weekends and holidays often start the next business day. Compliance checks on larger or unusual payments may also cause a delay, regardless of the details.

Many banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services often provide a status in their app so you can see how far the payment is.

If a payment has not arrived after a few business days, the person who paid needs to start with their own bank. As a recipient, you can check your statements for a slightly lower amount, since fees may have been deducted.

Getting paid from abroad into a Western Union Business Solutions (UK) Limited account

A sender in another country will ask for a few details about your account, and missing ones are a common cause of delays. Share your name as the bank knows it, the IBAN or account number, SWIFT code TGBPGB22XXX and your address, which some banks require.

Certain banks want the bank’s address in London, so keep it at hand. Double-check each detail before you share them, because the sender’s bank usually copies them as is.

What lands in your account can be less than what was sent. Charges on incoming payments vary per bank; check the price list of Western Union Business Solutions (UK) Limited. For business payments, it is common to state how the fees are split, so that nobody is left short.

Choosing between the 2 SWIFT codes of Western Union Business Solutions (UK) Limited

Having 2 codes, Western Union Business Solutions (UK) Limited belongs to the banks that register individual codes for parts of the organisation. The main code is TGBPGB22XXX.

Unless the recipient tells you otherwise, go with TGBPGB22XXX. Just use a branch code when your contact gives you that exact code, for example on an invoice or in their bank details.

The safest approach is to take the code directly from the recipient’s statement. Branch codes are more likely to change than TGBPGB22XXX.

Protect yourself against fake payment requests

Stay wary when someone unexpectedly asks you to pay into another account. A correct SWIFT code says nothing about who owns the account – scammers simply use real codes.

Before paying, verify changed bank details through a phone call. Pressure or requests to keep it quiet tend to be warning signs. When a payment was sent to the wrong account, call your bank right away – speed improves the chance of getting it back.

Recipients are targeted too: a classic trick is a buyer who pays too much followed by a request to send back the difference to another account. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Euro transfers to Western Union Business Solutions (UK) Limited: is a BIC needed?

Within the SEPA zone, euro transfers to an account in United Kingdom follow the same rules and in most cases need only the IBAN. A field for the BIC is usually optional or missing in that case.

You will still need TGBPGB22XXX when sending non-euro payments or transfers from countries outside SEPA. If your banking app asks for the BIC regardless, adding TGBPGB22 is fine.

Euro payments within SEPA usually arrive within one business day. Fees for SEPA payments tend to be low, as long as no currency conversion is involved.

What a transfer from Western Union Business Solutions (UK) Limited abroad really costs

A bank transfer abroad costs more than the fee suggests. There is the fee for the transfer itself, possibly fees charged by intermediary banks along the way and, above all, the exchange rate markup when the money is converted.

Banks rarely show the margin on the rate separately, but you pay it all the same. A simple test: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For many currency pairs, a specialist provider is cheaper than a bank – mostly thanks to the rate. GoldexPay compares transfer providers side by side, showing what actually arrives. You can still use your account at Western Union Business Solutions (UK) Limited as the source of the money.

Is TGBPGB22 still correct? How to check

The best place to find the right code is a document from the bank itself like a bank statement or the account page in online banking. Check that code against TGBPGB22 here; if they differ, ask before you pay.

Mistakes in the BIC tend to be costly rather than fatal. Remember the account number: a mistake there can be harder to correct than a wrong code.

A validity check in your banking app merely tells you that the IBAN is valid – not that it belongs to the person you mean to pay. Where available, a payee name check before sending adds an extra layer of safety. When you pay someone new, some people start with a small amount first and wait for confirmation.

Where our SWIFT data comes from

We collect bank codes from public sources and check our list from time to time. Even so, banks merge, rename themselves or change codes. The number of codes on this page reflect our own data.

See the information on this page as a helpful check. GoldexPay is not affiliated with Western Union Business Solutions (UK) Limited; we are a comparison site for money transfers. Spotted an error? Let us know via our contact form so we can correct it.