United Kingdom · Financial institution
Nationwide Building Society
Nationwide Building Society is a mutual building society with its head office in Swindon, United Kingdom. It is owned by its members, not by shareholders. It provides mortgages, savings, current accounts, credit cards, personal loans and business banking. It also trades under the Virgin Money and Clydesdale brands. It acquired Virgin Money UK on 1 October 2024. It took over most of Clydesdale Bank PLC's banking business on 2 April 2026 under a court-approved transfer scheme.
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
- NBSMGB22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of NBSMGB22 marks reverse billing.
- 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
- 2010-05-01
- Last updated
- 2018-07-12
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Member-owned
Ticker NBS
Institution type
Credit union / building society
Trades as Nationwide
- Standing
- Most of the banking business of Clydesdale Bank PLC (trading as Virgin Money) transferred to the society on 2 April 2026. The transfer was made under Part VII of the Financial Services and Markets Act 2000. Contracts previously held with Clydesdale Bank PLC are now held with Nationwide Building Society.
- Ownership
- The society is a mutual owned by its members and has no shareholders. Its core capital deferred shares (CCDS) are listed on the London Stock Exchange.
- Stock listing
- London Stock Exchange (Core Capital Deferred Shares) NBS
- Head office
- Nationwide House, Pipers Way, SN38 1NW Swindon, United Kingdom
- Company register
- FCA/PRA Firm Reference Number 106078
- Former name
- Nationwide Anglia Building Society
Business lines
The bank focuses on UK retail customers: residential and buy-to-let mortgages, savings, current accounts and unsecured lending. It also offers business banking, which came with the Virgin Money business.
Online
- Websites & references
- nationwide.co.uk ↗
nationwide.co.uk/investor-relations ↗ investor relations
nationwide-intermediary.co.uk ↗ mortgage intermediaries site
Wikipedia ↗ - Official social accounts
- LinkedIn ↗ · X ↗ · Facebook ↗ · Instagram ↗ · YouTube ↗ · TikTok ↗
Sources · 10 pages consulted
- nationwide.co.uk/
- nationwide.co.uk/about-us/governance-reports-and-results/board-and-executive-committee
- nationwide.co.uk/help/payments/swift-sepa-international-payments
- nationwide.co.uk/-/assets/nationwidecouk/documents/about/how-we-are-run/results-and-accounts/2025-2026/202
- nationwide.co.uk/media/news/nationwide-building-society-nationwide-virgin-money-uk-plc-virgin-money-and-cl
- fca.org.uk/news/press-releases/fca-fines-nationwide-44m-failings-financial-crime-controls
- investegate.co.uk/announcement/rns/nationwide-building-society-core-capital-deferred-shs-min-250-ccds---nbs
- uk.virginmoney.com/nationwide-transfer/suppliers/
- investegate.co.uk/announcement/rns/nationwide-building-society--34vg/directorate-change/9749183
- en.wikipedia.org/wiki/Nationwide_Building_Society
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Dame Debbie Crosbie DBE Group Chief Executive Officer
- Chair
- Mike Rogers Chair
- Chief financial officer
- Muir Mathieson Group Chief Financial Officer
- Executive
- Gavin Smyth Group Chief Risk Officer
- Executive
- Suresh Viswanathan Group Chief Operating Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United Kingdom
- Bank of England (Prudential Regulation Authority) Prudential supervisorCentral bankResolution
- United Kingdom
- Financial Conduct Authority ConductAML supervisor
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Leadership
Mike Rogers became Chair on 16 July 2026. He succeeded Kevin Parry, who left the Board after the annual general meeting on 15 July 2026.
nationwide.co.uk ↗ -
Leadership
Chris Rhodes, Virgin Money chief executive, retired from the Board as an executive director on 21 May 2026.
investegate.co.uk ↗ -
Merger / acquisition
The High Court approved the scheme on 23 February 2026. Most of Clydesdale Bank PLC's banking business then transferred to the society on 2 April 2026.
uk.virginmoney.com ↗ -
Enforcement
The FCA fined the society GBP 44,078,500 for inadequate anti-financial crime systems and controls between October 2016 and July 2021.
fca.org.uk ↗ -
Merger / acquisition
The society completed its acquisition of Virgin Money UK on 1 October 2024.
nationwide.co.uk ↗
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
- NBSMGB22XXX
- How the BIC breaks down
- NBSMBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 549300XFX12G42QIKN82
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the 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.
- 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
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
The Nationwide Building Society group has 11 institutions in the directory, in 1 country: all hold a BIC.
Including Nationwide Building Society, Nationwide Building Society, Clydesdale Bank PLC, Confederation Bank, Nationwide Building Society.
See the Nationwide Building Society group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- NATIONWIDE HOUSE PIPERS WAY SWINDON SN38 1NW UNITED KINGDOM
- Operational address
- NATIONWIDE HOUSE PIPERS WAY SWINDON SWINDON SN38 1NW 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
<FinInstnId>
<BICFI>NBSMGB22XXX</BICFI>
<LEI>549300XFX12G42QIKN82</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
<FinInstnId>
<BICFI>NBSMGB22XXX</BICFI>
<LEI>549300XFX12G42QIKN82</LEI>
<Nm>NATIONWIDE BUILDING SOCIETY</Nm>
<PstlAdr>
<TwnNm>SWINDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>NATIONWIDE HOUSE PIPERS WAY SWINDON SN38 1NW</AdrLine>
</PstlAdr>
</FinInstnId>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.
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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.
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 →Credits for this page
- 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: nationwide.co.uk (official website).
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