WELAGB2L — PORTIGON AG
WELAGB2L is the SWIFT/BIC code for PORTIGON AG in LONDON, United Kingdom — an 8-character head-office code under ISO 9362.
WELAGB2L is the SWIFT/BIC code for PORTIGON AG in LONDON, United Kingdom. It is an 8-character head-office identifier under the ISO 9362 standard.
BIC breakdown (ISO 9362)
| Field | Value |
|---|---|
| Institution | PORTIGON AG |
| Country | United Kingdom (GB) |
| Location Code | 2L |
| Branch | None |
| Type | 8-character head-office code (BIC8) |
⚠️ 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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Frequently asked questions
What bank does the SWIFT code WELAGB2L belong to?
The SWIFT code WELAGB2L identifies PORTIGON AG 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 WELAGB2L mean?
The 8 or 11 characters of WELAGB2L are parsed as follows: characters 1-4 (WELA) represent the bank code for PORTIGON AG; 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 WELAGB2L active on the SWIFT network?
Yes, the Business Identifier Code (BIC) WELAGB2L 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 WELAGB2L instead of WELAGB2L?
Yes. The 8-character code WELAGB2L represents the primary headquarters of PORTIGON AG. The 11-character code WELAGB2L targets the head office directly. If the branch code is unknown, sending payments to WELAGB2L (or WELAGB2LXXX) will route them to the main head office.
What is the physical address of the bank registered to WELAGB2L?
The physical address registered for WELAGB2L is: WOOLGATE EXCHANGE, 25 BASINGHALL STREET, EC2V 5HA, LONDON, United Kingdom. Verify this address matches your recipient's branch details before initiating a transaction.
What routing networks operate with the WELAGB2L code in United Kingdom?
The SWIFT code WELAGB2L 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).