IFRCGB22BKT — IFRC DEPOSITORY AND CLEARING PLC
IFRCGB22BKT is the SWIFT/BIC code for IFRC DEPOSITORY AND CLEARING PLC in LONDON, United Kingdom — an 11-character branch code under ISO 9362.
IFRCGB22BKT is the SWIFT/BIC code for IFRC DEPOSITORY AND CLEARING PLC in LONDON, United Kingdom. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: IFRCGB22
| Field | Value |
|---|---|
| Institution | IFRC DEPOSITORY AND CLEARING PLC |
| Country | United Kingdom (GB) |
| Location Code | 22 |
| Branch | None |
| Type | 11-character branch code (BIC11) |
⚠️ 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 IFRCGB22BKT belong to?
The SWIFT code IFRCGB22BKT identifies IFRC DEPOSITORY AND CLEARING PLC in LONDON, United Kingdom. This branch code is used for cross-border payments and SWIFT network routing.
What do the parts of the SWIFT code IFRCGB22BKT mean?
The 8 or 11 characters of IFRCGB22BKT are parsed as follows: characters 1-4 (IFRC) represent the bank code for IFRC DEPOSITORY AND CLEARING PLC; characters 5-6 (GB) indicate the country code for United Kingdom; characters 7-8 (22) specify the location code; and the final characters (BKT) designate the specific branch.
Is the BIC code IFRCGB22BKT active on the SWIFT network?
Yes, the Business Identifier Code (BIC) IFRCGB22BKT is registered under ISO 9362 and is active for routing interbank messages. Location characters '22' designate it as a primary active participant.
Can I use the head office code IFRCGB22 instead of IFRCGB22BKT?
Yes. The 8-character code IFRCGB22 represents the primary headquarters of IFRC DEPOSITORY AND CLEARING PLC. The 11-character code IFRCGB22BKT targets the specific branch directly. If the branch code is unknown, sending payments to IFRCGB22 (or IFRCGB22XXX) will route them to the main head office.
What is the physical address of the bank registered to IFRCGB22BKT?
The physical address registered for IFRCGB22BKT is: FLOOR 18, 40 BANK STREET, E14 5NR, LONDON, United Kingdom. Verify this address matches your recipient's branch details before initiating a transaction.
What routing networks operate with the IFRCGB22BKT code in United Kingdom?
The SWIFT code IFRCGB22BKT 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).