PYYLGB2LLND — PAYALLY LIMITED
PYYLGB2LLND is the SWIFT/BIC code for PAYALLY LIMITED in LONDON, United Kingdom — an 11-character branch code under ISO 9362.
PYYLGB2LLND is the SWIFT/BIC code for PAYALLY LIMITED in LONDON, United Kingdom. It is an 11-character branch identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
Head-office code: PYYLGB2L
| Field | Value |
|---|---|
| Institution | PAYALLY LIMITED |
| Country | United Kingdom (GB) |
| Location Code | 2L |
| Branch | LONDON |
| Type | 11-character branch code (BIC11) |
⚠️ Critical Money Transfer Warning (YMYL)
Verify the BIC with your beneficiary bank: Database records are informational only. swiftbic.org is not affiliated with SWIFT. Always verify the SWIFT/BIC code and name of the beneficiary with the receiving bank or official registration records before initiating any international wire transfer.
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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Related codes for this bank
Frequently asked questions
What bank does the SWIFT code PYYLGB2LLND belong to?
The SWIFT code PYYLGB2LLND identifies PAYALLY LIMITED 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 PYYLGB2LLND mean?
The 8 or 11 characters of PYYLGB2LLND are parsed as follows: characters 1-4 (PYYL) represent the bank code for PAYALLY LIMITED; characters 5-6 (GB) indicate the country code for United Kingdom; characters 7-8 (2L) specify the location code; and the final characters (LND) designate the specific branch.
Is the BIC code PYYLGB2LLND active on the SWIFT network?
Yes, the Business Identifier Code (BIC) PYYLGB2LLND 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 PYYLGB2L instead of PYYLGB2LLND?
Yes. The 8-character code PYYLGB2L represents the primary headquarters of PAYALLY LIMITED. The 11-character code PYYLGB2LLND targets the specific branch directly. If the branch code is unknown, sending payments to PYYLGB2L (or PYYLGB2LXXX) will route them to the main head office.
What is the physical address of the bank registered to PYYLGB2LLND?
The physical address registered for PYYLGB2LLND is: 80 COLEMAN STREET, EC2R 5BJ, LONDON, United Kingdom. Verify this address matches your recipient's branch details before initiating a transaction.
What routing networks operate with the PYYLGB2LLND code in United Kingdom?
The SWIFT code PYYLGB2LLND 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).