It is the identification code for HSBC in the United Kingdom/Great Britain (at one time known in Great Britain as the Midland Bank, hence the MIDL part).
When used in conjunction with an IBAN (International Bank Account Number) it is used to identify a UK based bank account, often into which electronic bank deposits might be made.
This is my understanding as a layman.
Swift code: MIDLGB22
MIDLGB22
MIDLGB22 for GBP and MIDLJESH for all other currencies
SWIFT Code for HSBC Hull branch is MIDLGB2111B and sort code is 402518 But the swift code is not connected. If you are transfering money to any HSBC A/C in Hull better to use the IBAN and HSBC head office SWIFT code. ie; MIDLGB22, HSBC Bank plc, London. Regards Vinod Marar Abu Dhabi
Nationwide's SWIFT address is: NAIAGB21 (This number is also known as our BIC - Bank Identifier Code). You will also need to quote the SWIFT Intermediary Bank MIDLGB22. This is for all Nationwide accounts.http://www.nationwide.co.uk/search/DisplayArticle.aspx?article=1350
Common Swift Code for HSBC BANK PLC in UK is: MIDLGB21XXX but unfortunately all swift codes for the bank in UK are shown as not connected per swift database. So please check with the bank itself.
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