CIWMGB2L — CIBC WORLD MARKETS PLC
CIWMGB2L is the SWIFT/BIC code for CIBC WORLD MARKETS PLC in LONDON, United Kingdom — an 8-character head-office code under ISO 9362.
CIWMGB2L is the SWIFT/BIC code for CIBC WORLD MARKETS PLC in LONDON, United Kingdom. It is an 8-character head-office identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | CIBC WORLD MARKETS PLC |
| Country | United Kingdom (GB) |
| Location Code | 2L |
| Branch | None |
| Type | 8-character head-office code (BIC8) |
⚠️ Critical Money Transfer Warning (YMYL)
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Common Mistakes: Do not confuse the SWIFT/BIC code (identifies the bank branch) with the IBAN (identifies the specific bank account). Using an incorrect branch suffix or a deactivated code can result in payments being returned, delayed, or subject to significant administrative return fees.
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Frequently asked questions
What bank does the SWIFT code CIWMGB2L belong to?
The SWIFT code CIWMGB2L identifies CIBC WORLD MARKETS PLC in LONDON, United Kingdom. This head office code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code CIWMGB2L mean?
The 8 or 11 characters of CIWMGB2L are parsed as follows: characters 1-4 (CIWM) represent the bank code for CIBC WORLD MARKETS PLC; characters 5-6 (GB) indicate the country code for United Kingdom; characters 7-8 (2L) specify the location code; and the final characters (—) designate the specific branch.
Is the BIC code CIWMGB2L active on the SWIFT network?
Yes, the Business Identifier Code (BIC) CIWMGB2L is registered under ISO 9362 and is active for routing interbank messages. Location characters '2L' designate it as a primary active participant.
Can I use the head office code CIWMGB2L instead of CIWMGB2L?
Yes. The 8-character code CIWMGB2L represents the primary headquarters of CIBC WORLD MARKETS PLC. The 11-character code CIWMGB2L targets the head office directly. If the branch code is unknown, sending payments to CIWMGB2L (or CIWMGB2LXXX) will route them to the main head office.
What is the physical address of the bank registered to CIWMGB2L?
The physical address registered for CIWMGB2L is: 150 CHEAPSIDE, EC2V 6ET, LONDON, United Kingdom. Verify this address matches your recipient's branch details before initiating a transaction.
What routing networks operate with the CIWMGB2L code in United Kingdom?
The SWIFT code CIWMGB2L is used for international inbound wire transfers in the United Kingdom. Domestic GBP clearings route via BACS, CHAPS and Faster Payments rather than SWIFT.
Sources & References
- 🌐 ISO 9362: The official standard defining the Business Identifier Code (BIC) format guidelines.
- 🏢 SWIFT Registration Authority: The organization designated by ISO to register and publish BICs (swift.com).