Question 1

What is the SWIFT code for PayAlly Limited?

Accepted Answer

The SWIFT/BIC code for PayAlly Limited is PYYLGB2L. 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 PayAlly Limited?

Accepted Answer

To send money internationally to PayAlly Limited, provide your bank with the SWIFT/BIC code PYYLGB2L (London, United Kingdom) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is PayAlly Limited a SEPA member?

Accepted Answer

Yes, PayAlly Limited 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 PYYLGB2L mean?

Accepted Answer

In the BIC code PYYLGB2L: "PYYL" is the institution code identifying PayAlly Limited, "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.

PYYLGB2L

Frequently Asked Questions