SWIFT Code INRUGB21 — GM INVESTMENT TRUSTEES LIMITED, LUTON

About SWIFT Code INRUGB21 — GM INVESTMENT TRUSTEES LIMITED, LUTON

SWIFT code INRUGB21 is the official 8-character head-office BIC (Bank Identifier Code) for GM INVESTMENT TRUSTEES LIMITED in LUTON, 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 GM INVESTMENT TRUSTEES LIMITED for all outward international remittances from LUTON. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code INRUGB21

The code INRUGB21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code INRUGB21

Receiving International Wire Transfers

To receive money from abroad at your GM INVESTMENT TRUSTEES LIMITED account in LUTON, share SWIFT code INRUGB21 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 GM INVESTMENT TRUSTEES LIMITED, LUTON must provide SWIFT code INRUGB21. 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 GM INVESTMENT TRUSTEES LIMITED in LUTON rely on SWIFT code INRUGB21 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 GM INVESTMENT TRUSTEES LIMITED →

For cheque clearing or NACH mandates, use the MICR code for GM INVESTMENT TRUSTEES LIMITED →

For TDS challan deposits, find the BSR code for GM INVESTMENT TRUSTEES LIMITED →

How SWIFT Code INRUGB21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code INRUGB21 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 GM INVESTMENT TRUSTEES LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: GM INVESTMENT TRUSTEES LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code INRUGB21

• Spaces or lowercase letters — Always enter INRUGB21 uppercase with no spaces.
• Using the wrong city — This code is for LUTON 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 INRUGB21 directly with GM INVESTMENT TRUSTEES LIMITED's LUTON branch or via the SWIFT BIC Directory.