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Barclays vs HSBC SWIFT Codes & Sort Code Comparison

Barclays and HSBC are major UK retail and commercial clearing banks. For international routing, Barclays uses the primary head office BIC BARCGB22, while HSBC routes international transactions via MIDLGB22.

UK Routing Key Facts

FeatureBarclays BankHSBC Bank
Primary Head Office BICBARCGB22MIDLGB22
Institution NameBarclays Bank PLCHSBC Bank PLC
HeadquartersLondon, United KingdomLondon, United Kingdom
Sort Code Range20-xx-xx40-xx-xx
IBAN Format22 Characters (starts with GB)22 Characters (starts with GB)
Domestic NetworksFaster Payments, BACS, CHAPSFaster Payments, BACS, CHAPS

The Legacy of MIDLGB22

HSBC's UK routing code MIDLGB22 is derived from Midland Bank, which was one of the largest UK clearing banks before its acquisition by HSBC Group in 1992. Today, Midland Bank's legacy infrastructure remains integrated under HSBC's primary clearing lines. Barclays maintains its traditional BARCGB22 routing vector. Both institutions support domestic GBP clearings through Faster Payments (FPS) for real-time transfers up to £1 million.

Citations & Primary Sources

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