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SWIFT Code for J.P. MORGAN MARKETS LIMITED in United Kingdom

JPMMGB2LXXX

The primary BIC/SWIFT code for J.P. MORGAN MARKETS LIMITED in United Kingdom is JPMMGB2LXXX. This code is used to identify the bank as a whole during international financial transactions.

Bank Information
JPMMGB2LXXX
Bank Name J.P. MORGAN MARKETS LIMITED
Bank Address 25 BANK STREET, CANARY WHARF, LONDON, E14 5JP, GREATER LONDON GB
City LONDON
Postcode E14 5JP
Country
🇬🇧 United Kingdom
Bank Code JPMM
Country Code GB
Location Code 2L
Branch Code XXX

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Sending Money to J.P. MORGAN MARKETS LIMITED in LONDON

Follow these three steps to ensure your international wire transfer reaches the correct account at the LONDON branch without delays or hidden intermediary fees.

  1. Step 1: Collect Recipient Details. You will need the full legal name of the account holder and their IBAN (International Bank Account Number). For United Kingdom, IBANs typically start with the prefix GB.
  2. Step 2: Enter the SWIFT/BIC Code. When prompted by your banking app or wire service, enter JPMMGB2LXXX. This unique 11-character identifier ensures the funds are routed specifically to the J.P. MORGAN MARKETS LIMITED systems in LONDON.
  3. Step 3: Confirm the Transfer Method. If you are sending from within Europe, select SEPA for lower fees and faster delivery. For transfers from outside the EU (e.g., USA, India, or Australia), ensure you select SWIFT/International Wire and double-check if your bank requires an intermediary bank for United Kingdom transactions.

Where can I find my SWIFT/BIC code?

You can find your SWIFT/BIC code in several easy-to-locate places:

  • On your bank statements, either printed or online.
  • Inside your online banking portal, under account information.
  • On your bank’s official website, usually in their international banking or FAQ section.
  • By directly contacting your bank’s customer service.

Online resources like SWIFT Codes Finder can be really helpful.

Example of transaction information

  1. Beneficiary Name: [Recipient Name]
  2. Bank: [Bank Name]
  3. SWIFT/BIC Code: [SWIFT Code]
  4. Bank Address: [Street, City, Country]
  5. Account Number/IBAN: [Account Number or IBAN]

Frequently Asked Questions

Is JPMMGB2LXXX the correct code for all J.P. MORGAN MARKETS LIMITED branches?

No. While many banks use a "Head Office" code ending in XXX, the code JPMMGB2LXXX is specifically assigned to the LONDON location. Using this specific 11-character code helps the bank’s automated systems credit the recipient’s account faster than using a generic national code.

Can I use this code for a SEPA transfer to United Kingdom?

Yes. If you are sending Euro-denominated funds from another SEPA-member country, you can use this BIC/SWIFT code alongside the recipient’s IBAN. However, most modern European banks only require the IBAN to route SEPA payments automatically.

How long does a transfer to J.P. MORGAN MARKETS LIMITED usually take?

International transfers to J.P. MORGAN MARKETS LIMITED using the SWIFT network typically take 1 to 3 business days. Factors that can cause delays include:

  • Time zone differences between the sender and United Kingdom.
  • Local public holidays in United Kingdom.
  • Required "Know Your Customer" (KYC) checks for large amounts.

Are there fees for receiving money at the LONDON branch?

Most banks in United Kingdom charge an "Incoming Wire Fee" for international transfers. For J.P. MORGAN MARKETS LIMITED, these fees vary based on the account type but typically range from a small flat fee to a percentage of the total. It is recommended to send funds using the "OUR" instruction if you want the recipient to receive the exact amount sent.

What happens if I use the wrong SWIFT code?

If you use a code for a different branch of J.P. MORGAN MARKETS LIMITED, the money will usually still arrive but may be delayed by 24–48 hours as it is manually rerouted. If you enter a completely incorrect code, the funds will likely be returned to your account within 5–10 business days, minus any processing fees.

Do I need a J.P. MORGAN MARKETS LIMITED SWIFT code for international money transfers?

Yes. If you are sending money from abroad to an account at J.P. MORGAN MARKETS LIMITED, you will almost certainly need their SWIFT code (also known as a BIC).

The SWIFT code JPMMGB2LXXX acts as a digital address for the LONDON branch. Without it, the sending bank won’t know which specific institution in United Kingdom should receive the funds, which often leads to the transfer being rejected or stuck in "limbo". However, the requirements change slightly depending on where the money is coming from:

  • Transfers from outside the EU/EEA (e.g., USA, Canada, India): A SWIFT code is mandatory. You must provide JPMMGB2LXXX along with the recipient’s name and IBAN.
  • Transfers from within Europe (SEPA): If the sender is in a SEPA-member country, many modern banks only require the IBAN. However, providing the SWIFT code JPMMGB2LXXX is still recommended as a backup to ensure the transfer is routed instantly to the LONDON branch.
  • Domestic Transfers: If you are sending money from another bank inside United Kingdom, you typically do not need a SWIFT code; a local account number or IBAN is sufficient.

Pro Tip: Always double-check the 8th and 11th characters. For J.P. MORGAN MARKETS LIMITED, using the specific branch code JPMMGB2LXXX instead of the generic head office code ensures the money hits the correct local ledger in LONDON without manual intervention.