SWIFT Code CDPNGB2LTOR — CURRENCIES DIRECT LTD, PENZANCE

About SWIFT Code CDPNGB2LTOR — CURRENCIES DIRECT LTD, PENZANCE

SWIFT code CDPNGB2LTOR is the official 11-character branch-specific BIC (Bank Identifier Code) for CURRENCIES DIRECT LTD in PENZANCE, 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 CURRENCIES DIRECT LTD for all outward international remittances from PENZANCE. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CDPNGB2LTOR

The code CDPNGB2LTOR follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CDPNGB2LTOR

Receiving International Wire Transfers

To receive money from abroad at your CURRENCIES DIRECT LTD account in PENZANCE, share SWIFT code CDPNGB2LTOR 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 CURRENCIES DIRECT LTD, PENZANCE must provide SWIFT code CDPNGB2LTOR. 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 CURRENCIES DIRECT LTD in PENZANCE rely on SWIFT code CDPNGB2LTOR 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 CURRENCIES DIRECT LTD →

For cheque clearing or NACH mandates, use the MICR code for CURRENCIES DIRECT LTD →

For TDS challan deposits, find the BSR code for CURRENCIES DIRECT LTD →

How SWIFT Code CDPNGB2LTOR Routes an International Transfer

1. Initiation: The sender provides SWIFT code CDPNGB2LTOR 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 CURRENCIES DIRECT LTD.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CURRENCIES DIRECT LTD receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CDPNGB2LTOR

• Spaces or lowercase letters — Always enter CDPNGB2LTOR uppercase with no spaces.
• Using the wrong city — This code is for PENZANCE 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 CDPNGB2LTOR directly with CURRENCIES DIRECT LTD's PENZANCE branch or via the SWIFT BIC Directory.