SWIFT Code MIDLGB2150T — HSBC BANK PLC, RAYLEIGH

About SWIFT Code MIDLGB2150T — HSBC BANK PLC, RAYLEIGH

SWIFT code MIDLGB2150T is the official 11-character branch-specific BIC (Bank Identifier Code) for HSBC BANK PLC in RAYLEIGH, 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 HSBC BANK PLC for all outward international remittances from RAYLEIGH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code MIDLGB2150T

The code MIDLGB2150T follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MIDLGB2150T

Receiving International Wire Transfers

To receive money from abroad at your HSBC BANK PLC account in RAYLEIGH, share SWIFT code MIDLGB2150T 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 HSBC BANK PLC, RAYLEIGH must provide SWIFT code MIDLGB2150T. 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 HSBC BANK PLC in RAYLEIGH rely on SWIFT code MIDLGB2150T 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 HSBC BANK PLC →

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

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

How SWIFT Code MIDLGB2150T Routes an International Transfer

1. Initiation: The sender provides SWIFT code MIDLGB2150T 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 HSBC BANK PLC.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: HSBC BANK PLC receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MIDLGB2150T

• Spaces or lowercase letters — Always enter MIDLGB2150T uppercase with no spaces.
• Using the wrong city — This code is for RAYLEIGH 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 MIDLGB2150T directly with HSBC BANK PLC's RAYLEIGH branch or via the SWIFT BIC Directory.