What is the SWIFT code for HSBC (UK)

TransferWise
18.10.17
4 minute read

If you're sending or receiving money internationally, you'll need some extra details to make sure the transaction is processed safely. One thing you'll usually be asked for, is a SWIFT code. This simple, unique code, packs in a lot of information. It shows which bank, and where, you're transferring money to, helping ensure the cash makes it to the right person in the end.

You might also see SWIFT codes described as BIC codes, which is short for Business Identifier Code.

What’s the SWIFT code for HSBC bank in the UK?

If you're making an international transfer to an HSBC account, or if someone is transferring you cash to your UK based HSBC account, you'll be asked for a BIC/SWIFT code along with details like the bank address.

You can find everything you'll need to transfer your money safely, here:

Bank Name HSBC Bank Plc
SWIFT/BIC Code for HSBC HBUKGB4B
Bank address 8 Canada Square, 13 E04 01, London, United Kingdom, E14 5HQ¹
Beneficiary Account Number Complete HSBC bank account number of the recipient (don't forget to include leading zeros)
Beneficiary Name The name of recipient’s account as it appears on a bank statement
Bank Name HSBC Private Bank (UK) Limited
SWIFT/BIC Code for HSBC SMCOGB2L
Bank address 8 Canada Square, 13 E04 01, London, United Kingdom, E14 5HQ¹
Beneficiary Account Number Complete HSBC bank account number of the recipient (don't forget to include leading zeros)
Beneficiary Name The name of recipient’s account as it appears on a bank statement
Bank Name HSBC Trust Company (UK) Ltd
SWIFT/BIC Code for HSBC HSTCGB21
Bank address 8 Canada Square, 13 E04 01, London, United Kingdom, E14 5HQ¹
Beneficiary Account Number Complete HSBC bank account number of the recipient (don't forget to include leading zeros)
Beneficiary Name The name of recipient’s account as it appears on a bank statement

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Now, back to what you came here to read.

What’s a SWIFT Code?

SWIFT codes are internationally agreed, unique identifier codes used by banks to make sure your money goes to the right place if you transfer it to a different account. They're especially important if you're moving your money internationally.

You'll find SWIFT codes made up of several different pieces of information, with 8 or 11 characters, and a mix of letters and numbers:

AAAABBCCDDD

AAAA - Bank Code

BB - Country Code

CC - Location Code

DDD - Optional Branch Code³

You'll need a code which will consist of 8 characters for the bank's main office, or 11 characters if you want a specific branch.

What’s the difference between a SWIFT code, a BIC, an IBAN and a routing number?

If you want to send or receive money internationally you’re first off going to need a SWIFT code/BIC. This makes sure that the money being transferred makes it to the right bank. However you'll then need more information to show which exact account within the bank your money should land in.

If you’re sending money to any of the For SEPA countries, you'll need an IBAN. This code, which stands for International Bank Account Number, identifies the country the account is in, the bank, and the account number.⁴

In the United States, you might also hear about routing numbers which are similar to SWIFT codes. However, routing numbers are only used for bank transfers within the US, unlike SWIFT codes which tend to be used for international money transfers.

Do SWIFT codes change from branch to branch?

Each branch has a unique SWIFT code. You can check the correct SWIFT codes for your HSBC branch here. However, if you’re not sure, or can’t find the branch code, you can use the 8 character head office SWIFT code, and your payment will still make its way to your account.

What other ways can I send or receive money to my HSBC bank account?

If you need to make an international money transfer, it's worth checking the costs involved. Your home bank might not offer the best deal. There will be administration costs added to any transfer, which can be pretty steep. And even if your bank says they offer fee-free transfers, the exchange rates used are often poor and inflated.

Instead you could find a better deal with a specialist service like TransferWise. International money transfers with TransferWise use the real mid-market exchange rate, with only a small transparent fee. Transactions are safe, and can often be quicker than using your bank. So you can relax, knowing your money is being transferred securely, and with the lowest possible cost to you.

Sources used:

1.https://www.allbankswiftcodes.com/united-kingdom/midlgb22
2.https://www.hsbc.co.uk/international/money-transfer/
3.https://bank-code.net/
4.https://www.business.hsbc.uk/en-gb/payments/clearing-and-foreign-currency-payments/iban-and-bic

Sources checked on 24-May 2019.


This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. It is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content in this publication. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Prior results do not guarantee a similar outcome. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date.

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