Question 1

What is the SWIFT code for Bank of Africa UK?

Accepted Answer

The SWIFT/BIC code for Bank of Africa UK is MEDTGB2L. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Bank of Africa UK?

Accepted Answer

To send money internationally to Bank of Africa UK, provide your bank with the SWIFT/BIC code MEDTGB2L (London, United Kingdom) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Bank of Africa UK a SEPA member?

Accepted Answer

Yes, Bank of Africa UK is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code MEDTGB2L mean?

Accepted Answer

In the BIC code MEDTGB2L: "MEDT" is the institution code identifying Bank of Africa UK, "GB" is the ISO 3166-1 country code for United Kingdom, and "2L" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns Bank of Africa UK?

Accepted Answer

Bank of Africa UK is owned by Bank of Africa, a banking group based in Morocco. Bank of Africa UK is registered in United Kingdom as a local entity, while its ultimate ownership sits with the parent group in Morocco.

MEDTGB2L

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