Making international payments
Choose from a variety of payment options in all major currencies, to most destinations in the world. Select from the following options:
Banker’s Draft – a Bank cheque made payable to a named overseas beneficiary. It can be drawn in any major currency and is ideal when a paper record is required, as it provides physical proof of payment.
SWIFT – a fast, secure payment option for transferring urgent or high value funds overseas. Payments can be completed in any major currency in 2-4 days. Funds can be paid into an overseas bank account or a cheque issued by an overseas bank.
Structured Payments – cost-effective option for transfers of less than €50,000. Cheaper than SWIFT and more economical for non-urgent transactions. Funds recieved within 2 days and available to all Eurozone countries as long as Bank Identifier Code (BIC) and International Bank Account Number (IBAN) are supplied for the beneficiary account details.
CHAPS – a same-day, highly secure alternative to SWIFT for payments in euro to the eurozone. Payments are made via CHAPS for sterling and CHAPS Euro or TARGET for euro.
View our list of international banking tariffs.
For more information please contact your Relationship Manager or nearest Corporate Banking Centre. Alternatively, call the Foreign Services Team on 08457 55 88 88.
