Question 1

What is the SWIFT code for MY EU PAY Ltd.?

Accepted Answer

The SWIFT/BIC code for MY EU PAY Ltd. is PYYPGB21. 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 MY EU PAY Ltd.?

Accepted Answer

To send money internationally to MY EU PAY Ltd., provide your bank with the SWIFT/BIC code PYYPGB21 (London, United Kingdom) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is MY EU PAY Ltd. a SEPA member?

Accepted Answer

Yes, MY EU PAY Ltd. 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 PYYPGB21 mean?

Accepted Answer

In the BIC code PYYPGB21: "PYYP" is the institution code identifying MY EU PAY Ltd., "GB" is the ISO 3166-1 country code for United Kingdom, and "21" is the location code indicating the bank's city or timezone zone.

PYYPGB21

Frequently Asked Questions