Lloyds Bank SWIFT Code Eases International Transfers

Lloyds Bank SWIFT Code Eases International Transfers

This article discusses the importance of the SWIFT/BIC code for LLOYDS BANK PLC, which is LOYDGB21006, emphasizing the need for accuracy in international remittances to ensure the safety of funds. It also covers the composition of SWIFT codes and important considerations users should keep in mind when making international transactions.

Lloyds Bank Explains SWIFTBIC Codes for Remittances

Lloyds Bank Explains SWIFTBIC Codes for Remittances

The SWIFT/BIC code for LLOYDS BANK PLC is LOYDGB21 067, located in Luton, UK. When using this code for international remittances, $10,000 is approximately equivalent to €8,482, with an exchange rate of 0.8482. Understanding the remittance process and SWIFT codes is crucial for ensuring the safety of funds and minimizing losses.