SWIFT Code SBILGB2L — CITIGROUP GLOBAL MARKETS LIMITED, LONDON

About SWIFT Code SBILGB2L — CITIGROUP GLOBAL MARKETS LIMITED, LONDON

SWIFT code SBILGB2L is the official 8-character head-office BIC (Bank Identifier Code) for CITIGROUP GLOBAL MARKETS LIMITED 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 CITIGROUP GLOBAL MARKETS LIMITED 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 SBILGB2L

The code SBILGB2L follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SBILGB2L

Receiving International Wire Transfers

To receive money from abroad at your CITIGROUP GLOBAL MARKETS LIMITED account in LONDON, share SWIFT code SBILGB2L 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 CITIGROUP GLOBAL MARKETS LIMITED, LONDON must provide SWIFT code SBILGB2L. 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 CITIGROUP GLOBAL MARKETS LIMITED in LONDON rely on SWIFT code SBILGB2L 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 CITIGROUP GLOBAL MARKETS LIMITED →

For cheque clearing or NACH mandates, use the MICR code for CITIGROUP GLOBAL MARKETS LIMITED →

For TDS challan deposits, find the BSR code for CITIGROUP GLOBAL MARKETS LIMITED →

How SWIFT Code SBILGB2L Routes an International Transfer

1. Initiation: The sender provides SWIFT code SBILGB2L 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 CITIGROUP GLOBAL MARKETS LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CITIGROUP GLOBAL MARKETS LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SBILGB2L

• Spaces or lowercase letters — Always enter SBILGB2L 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 SBILGB2L directly with CITIGROUP GLOBAL MARKETS LIMITED's LONDON branch or via the SWIFT BIC Directory.