SWIFT Code MTREGB21 — MTS RESEARCH LIMITED, PENZANCE

About SWIFT Code MTREGB21 — MTS RESEARCH LIMITED, PENZANCE

SWIFT code MTREGB21 is the official 8-character head-office BIC (Bank Identifier Code) for MTS RESEARCH LIMITED 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 MTS RESEARCH LIMITED 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 MTREGB21

The code MTREGB21 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code MTREGB21

Receiving International Wire Transfers

To receive money from abroad at your MTS RESEARCH LIMITED account in PENZANCE, share SWIFT code MTREGB21 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 MTS RESEARCH LIMITED, PENZANCE must provide SWIFT code MTREGB21. 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 MTS RESEARCH LIMITED in PENZANCE rely on SWIFT code MTREGB21 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 MTS RESEARCH LIMITED →

For cheque clearing or NACH mandates, use the MICR code for MTS RESEARCH LIMITED →

For TDS challan deposits, find the BSR code for MTS RESEARCH LIMITED →

How SWIFT Code MTREGB21 Routes an International Transfer

1. Initiation: The sender provides SWIFT code MTREGB21 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 MTS RESEARCH LIMITED.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: MTS RESEARCH LIMITED receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code MTREGB21

• Spaces or lowercase letters — Always enter MTREGB21 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 MTREGB21 directly with MTS RESEARCH LIMITED's PENZANCE branch or via the SWIFT BIC Directory.