SWIFT Code BLBKGB21023 — BENEFICIAL LIMITED, CROYDON

About SWIFT Code BLBKGB21023 — BENEFICIAL LIMITED, CROYDON

SWIFT code BLBKGB21023 is the official 11-character branch-specific BIC (Bank Identifier Code) for BENEFICIAL LIMITED in CROYDON, 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 BENEFICIAL LIMITED for all outward international remittances from CROYDON. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code BLBKGB21023

The code BLBKGB21023 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code BLBKGB21023

Receiving International Wire Transfers

To receive money from abroad at your BENEFICIAL LIMITED account in CROYDON, share SWIFT code BLBKGB21023 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 BENEFICIAL LIMITED, CROYDON must provide SWIFT code BLBKGB21023. 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 BENEFICIAL LIMITED in CROYDON rely on SWIFT code BLBKGB21023 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 BENEFICIAL LIMITED →

For cheque clearing or NACH mandates, use the MICR code for BENEFICIAL LIMITED →

For TDS challan deposits, find the BSR code for BENEFICIAL LIMITED →

How SWIFT Code BLBKGB21023 Routes an International Transfer

1. Initiation: The sender provides SWIFT code BLBKGB21023 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 BENEFICIAL LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: BENEFICIAL LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code BLBKGB21023

• Spaces or lowercase letters — Always enter BLBKGB21023 uppercase with no spaces.
• Using the wrong city — This code is for CROYDON 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 BLBKGB21023 directly with BENEFICIAL LIMITED's CROYDON branch or via the SWIFT BIC Directory.