---
title: "Mbna Limited SWIFT/BIC code MBEUGB21XXX · United Kingdom | Elucidate"
description: "Licensed in the United Kingdom: Authorised Payment Institution (FCA). SWIFT/BIC code MBEUGB21XXX for Mbna Limited, United Kingdom. Head-office BIC."
url: https://elucidate.co/directory/mbna-limited-mbeugb21
---

1.  [Directory](https://elucidate.co/directory)
2.  [United Kingdom](https://elucidate.co/directory/country/gb)
3.  Mbna Limited

United Kingdom · Payments & e-money

# Mbna Limited

MBNA Limited is a private limited company registered in England and Wales, with its registered office in Chester. The FCA authorises it as a payment institution under the Payment Services Regulations 2017 (register number 204487). The firm states that the FCA also authorises and regulates its general activities. Bank of Scotland plc has owned it since 30 November 2022, and Lloyds Banking Group plc is its ultimate parent. Lloyds Bank plc became its controlling shareholder on 1 June 2017, when it was acquired from the Bank of America group. It lends to retail customers in the UK through credit cards and through FlexPay point-of-sale finance under the Black Horse trading style.

Register status

Licensed in the United Kingdom

Authorised Payment Institution · FCA

Prudential licence

[2 licences and registrations ↓](https://elucidate.co/directory/mbna-limited-mbeugb21#licences)

BIC **MBEUGB21XXX** LEI **[QMFTATNCJ89QAEGW7553](https://search.gleif.org/#/record/QMFTATNCJ89QAEGW7553)** [Licence no. **204487**](https://elucidate.co/directory/mbna-limited-mbeugb21#licences) Passive participant (no connection) Head-office BIC only [Group: Lloyds Banking Group PLC](https://elucidate.co/directory/group/549300PPXHEU2JF0AM85) [Claim this profile](https://elucidate.co/directory/mbna-limited-mbeugb21#claim)

## Licences and registrations

Held by Mbna Limited (LEI QMFTATNCJ89QAEGW7553). 2 entries on 2 of the 22 tracked registers, retrieved 25 September 2026.

| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [FCA Financial Services Register - Payment Institutions & RAISPs](https://elucidate.co/directory/register/fca-psd) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised Payment InstitutionPayment Institution | 204487 | [United Kingdom](https://elucidate.co/directory/country/gb) | Active | 2018-06-22 | — | - Payment services | [Search the register ↗](https://register.fca.org.uk/s/) |
| [FCA Financial Services Register - E-Money Institutions](https://elucidate.co/directory/register/fca-emi) FCA Linked by LEI. Matched by Elucidate on the UK company number the register gives. | Small E-Money InstitutionE-Money / Stored Value Institution | 900093 | [United Kingdom](https://elucidate.co/directory/country/gb) | Cancelled - Small EMI | — | Ended 2013-03-28 | - Payment services - E-money / stored value | [Search the register ↗](https://register.fca.org.uk/s/) |

Trading names on the register: MBNA (FCA-PSD, FCA-EMI), Black Horse (FCA-PSD, FCA-EMI)

-   Licences belong to the legal entity, not to a BIC.
-   Each licence applies in the country of the regulator that granted it.
-   Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
-   The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.

## Swift network

Swift’s ISO 9362 BIC directory

- **BIC:** MBEUGB21XXX head office
- **Connection to Swift:** Passive participant (no connection)
- **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
- **BIC first registered:** 2007-06-02
- **Last updated:** 2020-03-26

## Overview

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/mbna-limited-mbeugb21#overview-sources)

Customers

2,730,000

accounts · This entity · 31 Dec 2025 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history/MzUzODAyOTUwNGFkaXF6a2N4/document?format=pdf&download=0)

Employees

68

headcount · This entity · 31 Dec 2025 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history/MzUzODAyOTUwNGFkaXF6a2N4/document?format=pdf&download=0)

Ownership

Group subsidiary

100% Bank of Scotland plc

Firm type

Lending or buy now, pay later

Trades as MBNA

- **Ownership:** Bank of Scotland plc holds 100% of the firm's shares, and Lloyds Banking Group plc is its ultimate parent and controlling party.
- **Direct parent:** [Bank of Scotland plc](https://elucidate.co/directory/bank-of-scotland-plc-hlfxgb21), United Kingdom 100%
- **Ultimate owner:** Lloyds Banking Group plc, United Kingdom
- **Head office:** Cawley House, Chester Business Park, CH4 9FB Chester, United Kingdom
- **Company register:** Companies House 02783251
- **Incorporated:** 25 Jan 1993
- **Former name:** MBNA Europe Bank Limited

### Online

- **Websites & references:** [mbna.co.uk ↗](https://www.mbna.co.uk/) did not load when checked [blackhorseflexpay.co.uk ↗](https://www.blackhorseflexpay.co.uk/) Black Horse FlexPay point-of-sale finance site (Black Horse is a trading style of MBNA Limited)
- **Official social accounts:** None found

Sources · 8 pages consulted

1.  [find-and-update.company-information.service.gov.uk/company/02783251](https://find-and-update.company-information.service.gov.uk/company/02783251)
2.  [find-and-update.company-information.service.gov.uk/company/02783251/officers](https://find-and-update.company-information.service.gov.uk/company/02783251/officers)
3.  [find-and-update.company-information.service.gov.uk/company/02783251/persons-with-significant-control](https://find-and-update.company-information.service.gov.uk/company/02783251/persons-with-significant-control)
4.  [find-and-update.company-information.service.gov.uk/company/02783251/filing-history](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history)
5.  [find-and-update.company-information.service.gov.uk/company/02783251/filing-history/MzUzODAyOTUwNGFkaXF6a2N4/document?format=pdf&download=0](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history/MzUzODAyOTUwNGFkaXF6a2N4/document?format=pdf&download=0)
6.  [blackhorseflexpay.co.uk/regulatory-agencies.html](https://www.blackhorseflexpay.co.uk/regulatory-agencies.html)
7.  [apps.apple.com/us/app/mbna-mobile-app/id687485560](https://apps.apple.com/us/app/mbna-mobile-app/id687485560)
8.  [bankingexchange.com/news-feed/item/10023-lloyds-to-transfer-10-million-cards-to-visa](https://www.bankingexchange.com/news-feed/item/10023-lloyds-to-transfer-10-million-cards-to-visa)

## Authorisation

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/mbna-limited-mbeugb21#overview-sources)

- **Operates under:** Its own licences

The FCA authorises the firm as a payment institution under the Payment Services Regulations 2017 (register number 204487). The firm states that the FCA also authorises and regulates its general activities, including consumer credit lending, under the same register number.

| Authority | Licence or registration | Number | Held | Status | Source |
| --- | --- | --- | --- | --- | --- |
| Financial Conduct Authority United Kingdom | Authorised Payment Institution | 204487 | In its own name | Active | [blackhorseflexpay.co.uk ↗](https://www.blackhorseflexpay.co.uk/regulatory-agencies.html) |
| Financial Conduct Authority United Kingdom | Authorised and regulated by the Financial Conduct Authority (general activities) | 204487 | In its own name | Active | [blackhorseflexpay.co.uk ↗](https://www.blackhorseflexpay.co.uk/regulatory-agencies.html) |
| Financial Conduct Authority United Kingdom | Small E-Money Institution (cancelled) | 900093 | In its own name | Withdrawn or expired | — |

Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.

## Products and markets

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/mbna-limited-mbeugb21#overview-sources)

-   Lending

It offers MBNA-branded credit cards with balance transfer and money transfer features, plus FlexPay retail point-of-sale finance under the Black Horse brand.

According to its 2025 accounts, it lends only to customers located in the United Kingdom.

- **Revenue:** GBP 665.9mThis entity · 31 Dec 2025 · [annual report ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history/MzUzODAyOTUwNGFkaXF6a2N4/document?format=pdf&download=0)
- **Sells to:** Consumers
- **Serves customers in:** United Kingdom

## Leadership

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/mbna-limited-mbeugb21#overview-sources)

- **Executive:** Melanie Candice Campbell Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/officers)
- **Executive:** Alan Mark North Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/officers)
- **Executive:** Hiral Gogoi Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/officers)
- **Executive:** Adam Paul Lishman Director Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/officers)
- **Executive:** Alison Elizabeth Mulholland Company Secretary Confirmed 29 Sep 2026 · [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/officers)

## Recent events

Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/mbna-limited-mbeugb21#overview-sources)

1.  Aug 2026

    Leadership

    Annabel Christine Hind, a non-executive director, left the board on 14 August 2026.

    [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history)

2.  May 2026

    Leadership

    The firm appointed Adam Paul Lishman as a director on 20 May 2026, when Richard Stewart Napier left the board.

    [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history)

3.  Mar 2026

    Leadership

    The firm appointed Hiral Gogoi as a director on 31 March 2026, when Elyn Jane Corfield left the board.

    [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history)

4.  Jul 2025

    Leadership

    The firm appointed Alan Mark North as a director on 28 July 2025.

    [find-and-update.company-information.service.gov.uk ↗](https://find-and-update.company-information.service.gov.uk/company/02783251/filing-history)

5.  Jun 2024

    Other

    Lloyds Banking Group agreed with Visa that most group credit cards, including MBNA cards, would move to Visa by the end of 2026.

    [bankingexchange.com ↗](https://www.bankingexchange.com/news-feed/item/10023-lloyds-to-transfer-10-million-cards-to-visa)

Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.

## Identifiers

Head-office record

- **BIC:** MBEUGB21XXX
- **How the BIC breaks down:** 1. MBEU Bank 2. GB Country · United Kingdom 3. 21 Location · passive 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** QMFTATNCJ89QAEGW7553
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/QMFTATNCJ89QAEGW7553)
- **Licence no. · FCA-PSD:** 204487
- **Licence no. · FCA-EMI:** 900093
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file. Register entries: Matched by Elucidate on the UK company number the register gives.
- **Register-entry ID:** 4a15618add3d

## Profile

- **Type:** Payments & e-money
- **Regulation:** Prudential licence
- **Register licences:** [2 entries on 2 registers](https://elucidate.co/directory/mbna-limited-mbeugb21#licences)
- **Activities:** - Payment services - E-money / stored value
- **Licensed in:** [United Kingdom](https://elucidate.co/directory/country/gb)
- **Website (register):** [mbna.co.uk ↗](https://mbna.co.uk/)
- **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

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.

## Ownership and group

GLEIF relationship records

- **Direct parent:** [Bank of Scotland PLC](https://elucidate.co/directory/bank-of-scotland-plc-hlfxgb21) · United Kingdom[OQ3T05P7YR8P5YJEVI93 ↗](https://search.gleif.org/#/record/OQ3T05P7YR8P5YJEVI93)
- **Ultimate parent:** [Lloyds Banking Group PLC](https://elucidate.co/directory/lloyds-banking-group-plc-lbgtgb22) · United Kingdom[549300PPXHEU2JF0AM85 ↗](https://search.gleif.org/#/record/549300PPXHEU2JF0AM85)

The Lloyds Banking Group PLC group has 55 institutions in the directory, in 11 countries: all hold a BIC.

Including [Lloyds Bank GMBH](https://elucidate.co/directory/lloyds-bank-gmbh-bofsdef1), [Lloyds Bank GMBH](https://elucidate.co/directory/lloyds-bank-gmbh-bofsdeb1), [Lloyds Bank GMBH](https://elucidate.co/directory/lloyds-bank-gmbh-bofsnl2a), [Lloyds Bank GMBH](https://elucidate.co/directory/lloyds-bank-gmbh-loyddeb2), [Lloyds Bank GMBH](https://elucidate.co/directory/lloyds-bank-gmbh-loyddem2).

[See the Lloyds Banking Group PLC group →](https://elucidate.co/directory/group/549300PPXHEU2JF0AM85)

Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.

## Addresses

- **Registered address:** WREXHAM ROAD CHESTER CH49FB UNITED KINGDOM
- **Operational address:** WREXHAM ROAD CHESTER CHESTER CH49FB 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+:** Debtor agent, creditor agent or an intermediary agent

### CBPR+

For cross-border payments on Swift: the BIC, with the LEI and clearing code where known

```xml
<FinInstnId>
  <BICFI>MBEUGB21XXX</BICFI>
  <LEI>QMFTATNCJ89QAEGW7553</LEI>
</FinInstnId>
```

### 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
<FinInstnId>
  <BICFI>MBEUGB21XXX</BICFI>
  <LEI>QMFTATNCJ89QAEGW7553</LEI>
  <Nm>MBNA LIMITED</Nm>
  <PstlAdr>
    <TwnNm>CHESTER</TwnNm>
    <Ctry>GB</Ctry>
    <AdrLine>WREXHAM ROAD CHESTER CH49FB</AdrLine>
  </PstlAdr>
</FinInstnId>
```

This BIC is not connected to Swift. Messages reach the institution through a correspondent bank, so it cannot be the instructing or instructed agent.

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.

## Related institutions

### Same group

-   [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)
-   [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)
-   [Halifax Share Dealing Limited BIC HSDLGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800G9LNIZUTNGAG91](https://elucidate.co/directory/halifax-share-dealing-limited-hsdlgb21)
-   [Clerical Medical Investment Fund Managers Limited BIC CMIFGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 549300EZC54I6DDUTR91](https://elucidate.co/directory/clerical-medical-investment-fund-managers-limited-cmifgb21)
-   [Halifax Investment Fund Managers Limited BIC HIFNGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 549300S3P4IT9YL69L18](https://elucidate.co/directory/halifax-investment-fund-managers-limited-hifngb21)
-   [Lbg Equity Investments Limited BIC LEILGB22 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 2138005ASNB8XE2FYS15](https://elucidate.co/directory/lbg-equity-investments-limited-leilgb22)
-   [Ldc (Managers) Limited BIC LTVMGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 2138002EMG9DRRXUXS82](https://elucidate.co/directory/ldc-managers-limited-ltvmgb21)
-   [Lloyds Bank Corporate Markets PLC BIC LLCMGB23 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 213800MBWEIJDM5CU638](https://elucidate.co/directory/lloyds-bank-corporate-markets-plc-llcmgb23)

[All 55 institutions in the Lloyds Banking Group PLC group →](https://elucidate.co/directory/group/549300PPXHEU2JF0AM85)

### Other payments & e-money institutions in the United Kingdom

-   [Stonex Financial LTD BIC IGLUGB2L Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 446717 (FCA-PSD) · also on FINTRAC-MSB · LEI 549300AWF3TOHRYL7754](https://elucidate.co/directory/stonex-financial-ltd-iglugb2l)
-   [Dex International Limited · trading as DEXREMIT No BIC Payments & e-money Crypto Money service business Prudential licence United Kingdom · Licensed by FCA · 503929 (FCA-PSD) · also on HMRC-MLR, FINTRAC-MSB · LEI 9845003995D06S994R04](https://elucidate.co/directory/dex-international-limited-ff2b0c01c725)
-   [Euronet Payment Services Ltd · trading as Ria Money Transfer, Ria No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 504630 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/euronet-payment-services-ltd-6f4dec33a392)
-   [Instinet Europe Limited BIC ISNTGB2L Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 140822 (FCA-PSD) · LEI 213800MXAKR2LA1VBM44](https://elucidate.co/directory/instinet-europe-limited-isntgb2l)
-   [Isx Financial UK LTD BIC ISFIGB22 Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 901034 (FCA-EMI) · LEI 2138007BDV9IRS8AYD07](https://elucidate.co/directory/isx-financial-uk-ltd-isfigb22)
-   [Western Union Payment Services GB Limited · trading as Manning House, WU No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 816890 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/western-union-payment-services-gb-limited-0741de977896)
-   [A to Z 4U Ltd · trading as SAAK REMIT, Saakpay No BIC Payments & e-money Money service business Prudential licence United Kingdom · Licensed by FCA · 570837 (FCA-PSD) · also on HMRC-MLR · No LEI mapped](https://elucidate.co/directory/a-to-z-4u-ltd-25c2ca0fa3b5)
-   [Allied Wallet Limited No BIC Payments & e-money Prudential licence United Kingdom · Licensed by FCA · 900124 (FCA-EMI) · also on FCA-PSD · LEI 213800HO66BDXP716G24](https://elucidate.co/directory/allied-wallet-limited-8983cc2e32eb)

[See all →](https://elucidate.co/directory/search?type=payments&cc=GB)

Claim this profile

## Work at Mbna Limited?

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.

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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.

Register entries are not screened against sanctions 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

-   **FCA Financial Services Register - Payment Institutions & RAISPs**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) as at 25 September 2026
-   **FCA Financial Services Register - E-Money Institutions**—Financial Conduct Authority (FCA) · [register ↗](https://register.fca.org.uk/s/) as at 25 September 2026
-   **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
-   **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, 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.

## Assess the financial crime risk behind a BIC

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[Book a demo](https://elucidate.co/demo-request)

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.