Detailed Guide: Using ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. SWIFT Code for Global Transfers
When dealing with international finance, precision is paramount. The AIBKGB2LSDV Business Identifier Code (BIC) is the exclusive digital signature for ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. located in LONDON. Without this precise string of characters, your international wire transfer could be delayed, routed to the wrong intermediary, or returned with significant banking fees.
1. Understanding the 11-Character Logic
The code AIBKGB2LSDV is not a random sequence. It follows a strict ISO-9362
hierarchy that tells the global financial system exactly where your money needs to land:
- AIBK: The Bank Code representing ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. globally.
- GB: The Country Code, identifying that the bank is regulated under United Kingdom laws.
- 2L: The Location Code, usually pointing to the LONDON hub.
- SDV: The Branch Code, specifying this exact physical office.
2. How to Receive Money in LONDON
If you are a resident or business owner in LONDON, you must provide the following information to your international sender. For transactions involving ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C., ensure these fields are filled accurately in the MT103 (SWIFT Message Type):
| Field Name | Required Value |
|---|---|
| Beneficiary Name | Your Full Legal Name |
| Account Number | IBAN or Regional Account Format |
| BIC/SWIFT | AIBKGB2LSDV |
| Destination Bank | ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. |
| Branch Location | LONDON, United Kingdom |
3. Potential Fees & Intermediary Banking
It is important to note that a transfer to ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. might not be direct. Depending on the relationship between your sender's bank and the GB banking system, an "Intermediary Bank" might be involved. These banks may deduct a "Handling Fee" ranging from $15 to $50. Always ask your sender to choose the OUR instruction if they wish to cover all costs, or SHA to share the fees with you.
4. Frequently Asked Questions (Verified Answers)
What happens if I use the Head Office SWIFT instead of the LONDON branch code?
In most cases, ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. will
automatically route the funds to your account based on your Account Number/IBAN. However,
using the local AIBKGB2LSDV is recommended for faster processing
and lower risk of manual intervention.
Is AIBKGB2LSDV the same as a Routing Number?
No. Routing numbers are primarily used for domestic transfers within the USA. For international transfers to United Kingdom, the SWIFT code is the standard identifier used by the global banking network.
How can I verify if this code is still active?
The code AIBKGB2LSDV for
ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C. is part of the latest directory update. We
periodically refresh our database to ensure all codes for LONDON are compliant
with current financial standards.
Note: Financial data changes. While AIBKGB2LSDV is
verified for ALLIED IRISH BANK (GB), AIB GROUP (UK) P.L.C., always perform a small test transfer for high-value
transactions. This resource is for educational purposes regarding the banking infrastructure in
LONDON, United Kingdom.