SWIFT Code IBOBGB22 — AL RAYAN BANK PLC, LONDON

About SWIFT Code IBOBGB22 — AL RAYAN BANK PLC, LONDON

SWIFT code IBOBGB22 is the official 8-character head-office BIC (Bank Identifier Code) for AL RAYAN BANK PLC in LONDON, United Kingdom. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by AL RAYAN BANK PLC for all outward international remittances from LONDON. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IBOBGB22

The code IBOBGB22 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IBOBGB22

Receiving International Wire Transfers

To receive money from abroad at your AL RAYAN BANK PLC account in LONDON, share SWIFT code IBOBGB22 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at AL RAYAN BANK PLC, LONDON must provide SWIFT code IBOBGB22. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using AL RAYAN BANK PLC in LONDON rely on SWIFT code IBOBGB22 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for AL RAYAN BANK PLC →

For cheque clearing or NACH mandates, use the MICR code for AL RAYAN BANK PLC →

For TDS challan deposits, find the BSR code for AL RAYAN BANK PLC →

How SWIFT Code IBOBGB22 Routes an International Transfer

1. Initiation: The sender provides SWIFT code IBOBGB22 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to AL RAYAN BANK PLC.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: AL RAYAN BANK PLC receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IBOBGB22

• Spaces or lowercase letters — Always enter IBOBGB22 uppercase with no spaces.
• Using the wrong city — This code is for LONDON only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within United Kingdom.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm IBOBGB22 directly with AL RAYAN BANK PLC's LONDON branch or via the SWIFT BIC Directory.