SWIFT Code IPBOGB21 — IPSWICH BUILDING SOCIETY, IPSWICH

About SWIFT Code IPBOGB21 — IPSWICH BUILDING SOCIETY, IPSWICH

SWIFT code IPBOGB21 is the official 8-character head-office BIC (Bank Identifier Code) for IPSWICH BUILDING SOCIETY in IPSWICH, 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 IPSWICH BUILDING SOCIETY for all outward international remittances from IPSWICH. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code IPBOGB21

The code IPBOGB21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code IPBOGB21

Receiving International Wire Transfers

To receive money from abroad at your IPSWICH BUILDING SOCIETY account in IPSWICH, share SWIFT code IPBOGB21 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 IPSWICH BUILDING SOCIETY, IPSWICH must provide SWIFT code IPBOGB21. 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 IPSWICH BUILDING SOCIETY in IPSWICH rely on SWIFT code IPBOGB21 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 IPSWICH BUILDING SOCIETY →

For cheque clearing or NACH mandates, use the MICR code for IPSWICH BUILDING SOCIETY →

For TDS challan deposits, find the BSR code for IPSWICH BUILDING SOCIETY →

How SWIFT Code IPBOGB21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code IPBOGB21 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 IPSWICH BUILDING SOCIETY.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: IPSWICH BUILDING SOCIETY receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code IPBOGB21

• Spaces or lowercase letters — Always enter IPBOGB21 uppercase with no spaces.
• Using the wrong city — This code is for IPSWICH 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 IPBOGB21 directly with IPSWICH BUILDING SOCIETY's IPSWICH branch or via the SWIFT BIC Directory.