Sending money outside the UK or in a foreign currency
Whether you're looking to purchase a car from abroad, pay bills on an overseas property or send money to relatives abroad, our payment service can provide you with the most suitable method of sending money overseas.
Electronic Funds Transfer
The quickest and most secure way of sending money outside the UK.
Key features:
- Payments can be made in a wide number of currencies
- Funds can be electronically transferred to most bank accounts across the world
- No maximum transfer balance
- Our fees for this service are:
Payments in euro – no fee*
Payments in any other currency - £19.50*
*When you are sending money outside the UK or in a foreign currency you'll pay our fee, and the person receiving the payment pays all other charges. This may result in the person receiving the payment receiving a lesser amount than you have sent, or these charges may be debited from their account separately.
Timescales
The table below tells you the maximum time the payment will take to reach the other person’s bank provided you have given us the instruction on a working day before the cut off time.
|
Currency and destination |
Maximum delivery times |
|---|---|
|
Currency and destination Euro to the UK, an EEA country, Monaco, San Marino or Switzerland |
Maximum delivery times Next banking day |
|
Currency and destination Any other EEA currency / Pounds / Swiss francs to another EEA country |
Maximum delivery times 4 banking days |
|
Currency and destination Any currency to North America, Canada, South Africa, Australia, New Zealand, Far East and the Middle East |
Maximum delivery times 4 banking days |
|
Currency and destination Any currency to any other country |
Maximum delivery times 5 banking days |
How to send funds electronically
To make sure funds are received as quickly as possible you will need the following information:
- The recipient's Bank Identifier Code (BIC). This is a code by which the beneficiary bank is identified throughout the world.
- The recipient's International Bank Account Number (IBAN). This is a code by which the recipient's account details are recognisable and is used for transfers between member countries in the EU and EEA and certain other countries such as Andorra, Bahrain, Bosnia, Faroe Islands, Georgia, Greenland, Isle of Man, Israel, Jordan, Kuwait, Lebanon, Macedonia, Moldova, Monaco, Pakistan, Palestine, Qatar, San Marino, Saudi Arabia, Serbia and Montenegro, Tunisia, Turkey, Switzerland, United Arab Emirates (UAE) and the UK.
- You'll also need the beneficiary's name and address, and their bank name and address if you are sending it to any other country.
- Once you have this information, please call us on 0345 609 4343 to arrange sending the funds overseas.