The SEPA IBAN-Only (SEPAIO) Directory provides Payment Service Providers (PSPs) with a utility for deriving the BIC from the IBAN for SEPA payments in the UK.
Payments UK owns the Directory that SWIFT developed and built through its SWIFTRef reference data platform. Under the SEPA Regulation (EU) No 260/2012, there is a requirement for PSPs that are currently reachable for euro credit transfers or direct debits to meet the reachability requirements in the Regulation. The Directory helps UK PSPs to comply, by ensuring the correct BIC can be derived from a given GB IBAN.
The data in the Directory is supplied and validated by participant PSPs, and accounts for over 97% of UK SEPA Reachable BICs listed. See below for a list of current participants.
Information on how to use the directory, become a participant PSP or subscribe to use the data in the Directory is given below.
If you are interested in participating or subscribing, please contact SEPAIO_Ops@paymentsuk.org.uk.