---
title: "Aldermore Bank PLC SWIFT/BIC code ALDBGB2PXXX · United Kingdom | Elucidate"
description: "SWIFT/BIC code ALDBGB2PXXX for Aldermore Bank PLC, United Kingdom. Head-office BIC, LEI 2138009CAEGO41Q6HB61, addresses and Swift connectivity."
url: https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p
---
1. [Directory](https://elucidate.co/directory)
2. [United Kingdom](https://elucidate.co/directory/country/gb)
3. Aldermore Bank PLC
United Kingdom · Financial institution
# Aldermore Bank PLC
Aldermore Bank PLC is a public limited company registered in England, with its registered office in Reading. It is a subsidiary of Aldermore Group PLC, which belongs to the South African FirstRand group. The bank provides specialist mortgages, business finance and savings products online, by phone and through brokers. It was incorporated in 1969 and was renamed from Ruffler Bank PLC in June 2009, after AnaCap acquired it. FirstRand acquired the group in March 2018 and announced in April 2026 that it would seek a change of ownership.
BIC **ALDBGB2PXXX** LEI **[2138009CAEGO41Q6HB61](https://search.gleif.org/#/record/2138009CAEGO41Q6HB61)** Licence no. **Not on a tracked register** Connected to Swift Head-office BIC only [**1** correspondent account](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#correspondents) [Group: Firstrand](https://elucidate.co/directory/group/529900XYOP8CUZU7R671) [Claim this profile](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** ALDBGB2PXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Not on the member list
- **Payment schemes and systems:** No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- **Branch codes:** None: head-office BIC only
- **Other BIC with this LEI:** [ALDBGB21](https://elucidate.co/directory/aldermore-bank-plc-aldbgb21)
- **BIC first registered:** 2012-09-01
- **Last updated:** 2026-07-22
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#overview-sources)
Total assets
Not published
Employees
Not published
Ownership
Group subsidiary
Aldermore Group PLC
Institution type
Commercial bank
Trades as Aldermore
- **Standing:** FirstRand announced on 7 April 2026 that it would seek an orderly transfer of ownership of the Aldermore group. According to the group's 10 September 2026 results, the sale process is ongoing.
- **Ownership:** Aldermore Group PLC is the immediate parent and, according to Companies House, holds 75% or more of the shares. The group belongs to FirstRand Limited of South Africa.
- **Direct parent:** [Aldermore Group PLC ↗](https://search.gleif.org/#/record/213800JQLWHE8NQYXX31), United Kingdom
- **Ultimate owner:** FirstRand Limited, South Africa
- **Head office:** Apex Plaza, Forbury Road, RG1 1AX Reading, United Kingdom
- **Company register:** 00947662, Companies House (England and Wales)
- **Former names:** RUFFLER BANK PLC · LORDSVALE FINANCE PLC
### Business lines
- Mortgage lending
- SME banking
- Leasing & factoring
- Retail banking
- Consumer finance
The bank offers owner-occupied and buy-to-let mortgages, bridging loans, and asset, invoice and commercial real estate finance. These are funded mainly by personal, business and corporate deposits.
### Online
- **Websites & references:** [aldermore.co.uk ↗](https://www.aldermore.co.uk/) [motonovofinance.com ↗](https://www.motonovofinance.com/) Motor finance site of sister company MotoNovo Finance Limited, linked from the bank's site [Wikipedia ↗](https://en.wikipedia.org/wiki/Aldermore) [Wikidata Q16824660 ↗](https://www.wikidata.org/wiki/Q16824660)
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/aldermorebank) · [X ↗](https://twitter.com/AldermoreBank) · [Facebook ↗](https://www.facebook.com/AldermoreBank) · [Instagram ↗](https://instagram.com/aldermore.bank) · [YouTube ↗](https://www.youtube.com/user/aldermorebank)
Sources · 13 pages consulted
1. [find-and-update.company-information.service.gov.uk/company/00947662](https://find-and-update.company-information.service.gov.uk/company/00947662)
2. [aldermore.co.uk/](https://www.aldermore.co.uk/)
3. [aldermore.co.uk/about-us/board-of-directors/](https://www.aldermore.co.uk/about-us/board-of-directors/)
4. [aldermore.co.uk/about-us/our-leadership-team/](https://www.aldermore.co.uk/about-us/our-leadership-team/)
5. [aldermore.co.uk/investors/](https://www.aldermore.co.uk/investors/)
6. [aldermore.co.uk/investors/results-and-presentations/](https://www.aldermore.co.uk/investors/results-and-presentations/)
7. [aldermore.co.uk/media/pyodhqmi/aldermore-group-full-year-results-for-the-year-ended-30-june-2026.pdf](https://www.aldermore.co.uk/media/pyodhqmi/aldermore-group-full-year-results-for-the-year-ended-30-june-2026.pdf)
8. [aldermore.co.uk/media/mpkjc2kf/aldermore-fixed-income-investor-update-september-2026.pdf](https://www.aldermore.co.uk/media/mpkjc2kf/aldermore-fixed-income-investor-update-september-2026.pdf)
9. [aldermore.co.uk/newsroom/aldermore-announces-leadership-changes/](https://www.aldermore.co.uk/newsroom/aldermore-announces-leadership-changes/)
10. [aldermore.co.uk/savings-accounts/personal-savings-accounts/personal-savings-help-and-support/opening-an-a](https://www.aldermore.co.uk/savings-accounts/personal-savings-accounts/personal-savings-help-and-support/opening-an-account-and-paying-money-in/paying-money-in-to-a-personal-savings-account/)
11. [mortgagesolutions.co.uk/specialist-lending/complex-buy-to-let/2026/04/10/aldermore-up-for-sale-as-owner-exits-uk-](https://www.mortgagesolutions.co.uk/specialist-lending/complex-buy-to-let/2026/04/10/aldermore-up-for-sale-as-owner-exits-uk-market/)
12. [nsx.com.na/voluntary-update-to-shareholders-on-the-uk-motor-commission-matter/](https://nsx.com.na/voluntary-update-to-shareholders-on-the-uk-motor-commission-matter/)
13. [en.wikipedia.org/wiki/Aldermore](https://en.wikipedia.org/wiki/Aldermore)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#overview-sources)
- **Chief executive:** Raj Makanjee Group Chief Executive of Aldermore Group; Executive Director Confirmed 29 Sep 2026 · [aldermore.co.uk ↗](https://www.aldermore.co.uk/about-us/our-leadership-team/)
- **Chair:**  Pat Butler Chair Confirmed 29 Sep 2026 · [aldermore.co.uk ↗](https://www.aldermore.co.uk/about-us/board-of-directors/)
- **Chief financial officer:**  Louise Britnell Chief Financial Officer; Executive Director Confirmed 29 Sep 2026 · [aldermore.co.uk ↗](https://www.aldermore.co.uk/about-us/our-leadership-team/)
- **Executive:**  Michelle Mott Chief Risk Officer Confirmed 29 Sep 2026 · [aldermore.co.uk ↗](https://www.aldermore.co.uk/about-us/our-leadership-team/)
- **Executive:**  Nick Ulycz Chief Operating Officer Confirmed 29 Sep 2026 · [aldermore.co.uk ↗](https://www.aldermore.co.uk/about-us/our-leadership-team/)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#overview-sources)
- **United Kingdom:** Bank of England (Prudential Regulation Authority) Prudential supervisor Central bank Resolution
- **United Kingdom:** Financial Conduct Authority Conduct AML supervisor
## Recent events
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#overview-sources)
1. Apr 2026
Other
FirstRand announced that it would work with the Aldermore board and regulators on an orderly transfer of ownership of the group.
[mortgagesolutions.co.uk ↗](https://www.mortgagesolutions.co.uk/specialist-lending/complex-buy-to-let/2026/04/10/aldermore-up-for-sale-as-owner-exits-uk-market/)
2. Mar 2026
Other
The FCA published final rules for its motor finance redress scheme. The Aldermore group then raised its provision to GBP 231.8 million, of which GBP 11.5 million sits with the bank.
[aldermore.co.uk ↗](https://www.aldermore.co.uk/media/pyodhqmi/aldermore-group-full-year-results-for-the-year-ended-30-june-2026.pdf)
3. Mar 2026
Merger / acquisition
The bank acquired Octane Capital's lending business assets, which added about GBP 0.5 billion of bridging and development exit loans.
[aldermore.co.uk ↗](https://www.aldermore.co.uk/media/pyodhqmi/aldermore-group-full-year-results-for-the-year-ended-30-june-2026.pdf)
4. Sep 2025
Leadership
Aldermore Group announced that Chief Executive Steven Cooper would step down and that Raj Makanjee would succeed him, subject to regulatory approval.
[aldermore.co.uk ↗](https://www.aldermore.co.uk/newsroom/aldermore-announces-leadership-changes/)
5. Sep 2025
Leadership
Louise Britnell, formerly Chief Financial Officer of the Co-operative Bank, joined Aldermore as Chief Financial Officer.
[aldermore.co.uk ↗](https://www.aldermore.co.uk/about-us/our-leadership-team/)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** ALDBGB2PXXX
- **How the BIC breaks down:** 1. ALDB Bank 2. GB Country · United Kingdom 3. 2P Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 2138009CAEGO41Q6HB61
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/2138009CAEGO41Q6HB61)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** United Kingdom · Europe & Central Asia
- **Trading venues (MIC):** No MIC registered under this LEI list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
- **Founded:** 2009
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
- **Direct parent:** Aldermore Group PLC · United Kingdom[213800JQLWHE8NQYXX31 ↗](https://search.gleif.org/#/record/213800JQLWHE8NQYXX31)
- **Ultimate parent:** Firstrand · South Africa[529900XYOP8CUZU7R671 ↗](https://search.gleif.org/#/record/529900XYOP8CUZU7R671)
The Firstrand group has 7 institutions in the directory, in 5 countries: all hold a BIC.
Including [First National Bank Ghana Limited](https://elucidate.co/directory/first-national-bank-ghana-limited-firnghac), [First National Bank of Botswana Limited](https://elucidate.co/directory/first-national-bank-of-botswana-limited-firnbwgx), [Firstrand Securities LTD](https://elucidate.co/directory/firstrand-securities-ltd-firngb31), [Fnb Stockbroking and Portfolio Management (Pty) LTD](https://elucidate.co/directory/fnb-stockbroking-and-portfolio-management-pty-ltd-bjmrzajj), [Rmb International (Mauritius) LTD](https://elucidate.co/directory/rmb-international-mauritius-ltd-firnmumu).
[See the Firstrand group →](https://elucidate.co/directory/group/529900XYOP8CUZU7R671)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Registered address:** APEX PLAZA FORBURY ROAD READING RG1 1AX UNITED KINGDOM
- **Operational address:** APEX PLAZA FORBURY ROAD READING READING RG1 1AX UNITED KINGDOM
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
ALDBGB2PXXX
2138009CAEGO41Q6HB61
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
ALDBGB2PXXX
2138009CAEGO41Q6HB61
ALDERMORE BANK PLC
READING
GB
APEX PLAZA FORBURY ROAD READING RG1 1AX
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Network
### Correspondent banking
The bank publishes 1 account at other banks.
### Correspondent accounts
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/aldermore-bank-plc-aldbgb2p#overview-sources)
1 account at other banks, in 1 currency, for domestic GBP deposits into personal savings accounts (Faster Payments, Bacs, CHAPS, standing order), as the bank publishes them: [aldermore.co.uk ↗](https://www.aldermore.co.uk/savings-accounts/personal-savings-accounts/personal-savings-help-and-support/opening-an-account-and-paying-money-in/paying-money-in-to-a-personal-savings-account/)
| Currency | Correspondent | BIC | Account | Directory check |
| --- | --- | --- | --- | --- |
| GBP | Barclays | — | 63684431 (sort code 20-19-90) | No BIC published |
The bank does not publish a correspondent-bank or SSI list. The personal savings help page gives a single GBP collection account held at Barclays, which it describes as its clearing bank, for domestic Faster Payments, Bacs, CHAPS and standing orders. The account is shown with a sort code and no BIC. Payments from accounts other than the customer's nominated account are returned. No foreign-currency accounts were found. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
## Related institutions
### Same legal entity
- [Aldermore Bank PLC BIC ALDBGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 2138009CAEGO41Q6HB61](https://elucidate.co/directory/aldermore-bank-plc-aldbgb21)
Other BICs mapped to the same LEI.
### Same group
- [Firstrand Securities LTD BIC FIRNGB31 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 549300DKTASFPIBUBQ86](https://elucidate.co/directory/firstrand-securities-ltd-firngb31)
- [First National Bank Ghana Limited BIC FIRNGHAC Financial institution Not on a tracked register Ghana · Not on a tracked register · LEI 2138001OCJ42T73BY742](https://elucidate.co/directory/first-national-bank-ghana-limited-firnghac)
- [First National Bank of Botswana Limited BIC FIRNBWGX Financial institution Not on a tracked register Botswana · Not on a tracked register · LEI 254900YHIYL96MQAN669](https://elucidate.co/directory/first-national-bank-of-botswana-limited-firnbwgx)
- [Fnb Stockbroking and Portfolio Management (Pty) LTD BIC BJMRZAJJ Financial institution Not on a tracked register South Africa · Not on a tracked register · LEI 378900F9589795F26F78](https://elucidate.co/directory/fnb-stockbroking-and-portfolio-management-pty-ltd-bjmrzajj)
- [Rmb International (Mauritius) LTD BIC FIRNMUMU Financial institution Not on a tracked register Mauritius · Not on a tracked register · LEI 213800SHVRXHARXXSU58](https://elucidate.co/directory/rmb-international-mauritius-ltd-firnmumu)
[All 7 institutions in the Firstrand group →](https://elucidate.co/directory/group/529900XYOP8CUZU7R671)
### Largest institutions in the United Kingdom
- [Bank of Scotland PLC BIC HLFXGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI OQ3T05P7YR8P5YJEVI93](https://elucidate.co/directory/bank-of-scotland-plc-hlfxgb21)
- [Calastone LTD BIC CLAOGB2L Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 894500EE472N5MWWAE18](https://elucidate.co/directory/calastone-ltd-claogb2l)
- [HSBC UK Bank PLC BIC HBUKGB41 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 21380081EP12LC86CB82](https://elucidate.co/directory/hsbc-uk-bank-plc-hbukgb41)
- [HSBC Bank PLC BIC MIDLGB21 Credit institution Prudential licence United Kingdom · On the FSB G-SIB list · No LEI mapped](https://elucidate.co/directory/hsbc-bank-plc-midlgb21)
- [Lloyds Bank PLC BIC LOYDGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI H7FNTJ4851HG0EXQ1Z70](https://elucidate.co/directory/lloyds-bank-plc-loydgb21)
- [National Westminster Bank PLC BIC NWBKGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/national-westminster-bank-plc-nwbkgb21)
- [The Royal Bank of Scotland Public Limited Company BIC RBOSGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/the-royal-bank-of-scotland-public-limited-company-rbosgb21)
- [Clearbank Limited BIC CLRBGB22 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800PERENGATFCHD95](https://elucidate.co/directory/clearbank-limited-clrbgb22)
[See every BIC in United Kingdom →](https://elucidate.co/directory/country/gb#bics)
Claim this profile
## Work at Aldermore Bank PLC?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Wikidata**—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: [aldermore.co.uk](https://www.aldermore.co.uk/) (official website) · [original](https://www.aldermore.co.uk/media/0wrnsnpx/ald_master_logo_full_rgb.jpg); Pat Butler: [aldermore.co.uk](https://www.aldermore.co.uk/about-us/board-of-directors/) (official website) · [original](https://www.aldermore.co.uk/media/2c3pzpva/butler_pat.jpg?rxy=0.48193105408125647); Louise Britnell: [aldermore.co.uk](https://www.aldermore.co.uk/about-us/our-leadership-team/) (official website) · [original](https://www.aldermore.co.uk/media/2ocbcstt/britnell_louise.jpg?width=972&height=942&format=webp&v=1dc2971128128d0); Michelle Mott: [aldermore.co.uk](https://www.aldermore.co.uk/about-us/our-leadership-team/) (official website) · [original](https://www.aldermore.co.uk/media/uepps1wk/mott_michelle.jpg?width=972&height=942&format=webp&v=1db52297a9c6c10); Nick Ulycz: [aldermore.co.uk](https://www.aldermore.co.uk/about-us/our-leadership-team/) (official website) · [original](https://www.aldermore.co.uk/media/xm2fkdal/ulycz_nick.jpg?rxy=0.48199072265625).
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.