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What's the difference between SWIFT codes and BIC codes?

Accepted Answer

SWIFT and BIC codes are essentially the same. Both identify banks for secure international transactions. While "SWIFT code" is widely used, "BIC" is the official term financial institutions use. Both ensure your money reaches the correct destination safely.

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Do all bank branches use the same SWIFT code?

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No, SWIFT codes aren’t the same for all bank branches. Each branch usually has its own unique code to make sure your money gets to the right place. Using the correct SWIFT code for the specific branch you’re sending money to is important.

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The cost of sending money to the United Kingdom varies depending on the amount you're sending, the payment method, and the delivery option you choose. At Remitly, we strive to provide competitive exchange rates and low fees.

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What are the ways to receive a money transfer?

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SWIFT code	VRTSGB2LXXX
SWIFT code (8 chr)	VRTSGB2L
Bank name	VERITAS ASSET MANAGEMENT LLP
Bank address	1 SMARTS PLACE, LONDON, WC2B 5LW, GREATER LONDON GB
Branch code	XXX
City	LONDON
Country	United Kingdom

VERITAS ASSET MANAGEMENT LLP SWIFT code in the United Kingdom

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What is the SWIFT code for VERITAS ASSET MANAGEMENT LLP?

Example SWIFT code format

VRTS

GB

2L

XXX

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