• International Money Transfers

  • Benefits

    • Send and receive money internationally for free 
    • Transfer money between your currency accounts 
    • All major currencies available 
  • Need to Know:

    • You need to have a current or savings account with us to use this service
    • Recipient and corresponding banks abroad may charge a fee for receiving payments
    • Charges may apply, dependent on account withdrawal restrictions
    • Current accounts
    • Savings account
  • Need help?

    From the UK, call:
    08457 449900

    Outside the UK, call:
    +44 (0) 1539 736626

  • Overview
  • Fees&Charges
  • Exchange rate
  • Ways to send money
  • FAQ
  • Online International Payments

Overview

    • We won’t charge you for transferring money overseas. However some recipient and corresponding banks abroad may charge a fee for receiving payments.
    • Useful to pay bills, your mortgage abroad or to send money to friends and family abroad
    • Move money between your currency accounts
    • Wide range of foreign exchange services including Spot FX, Regular Currency Plans, Limit Order FX and Forward FX
    • Send up to £30,000 a day with a maximum of £10,000 for each transaction (or currency equivalent)
    • Make international money transfers online via Currency Internet Banking (not available on Sterling Internet Banking)

Fees&Charges

    • Sending Funds

      International Moneymover ServiceFree:
      • Through Currency Internet Banking
      • Through International PhoneBank, in branch, or in writing
      • Through Standing Order
      • To your other accounts held with Lloyds Banking Group

      Recipient and Corresponding Banks abroad may charge a fee for receiving payments.

      International drafts £15 (plus registration fee if posted)
      Electronic Funds Transfer
      (CHAPS payments within the British Isles)
      £30
      Cash withdrawals and deposits into the US Dollar Account and/or Euro Account

      2% on the Sterling equivalent of each currency, minimum £3 per currency and £10 administration fee

      These accounts are not designed to be used for the receipt of notes or coins. If you need this service, please contact your International Banking Team.

      Recalling a payment

      £20 per payment

      We cannot guarantee the cancellation as funds may already have been paid to the beneficiary.

      You could receive less than the original amount of the payment, due to adverse exchange rate movements

    • Receiving funds

      Electronic Bank Transfer from another financial institutionFree
      Cheque Collections

      Cheques up to £100: £5

      Cheques of £100 and above:
      25p per £100 (min £15, max £80 per cheque)

      Cheque negotiation to Sterling account
      The correspondent bank may impose an additional charge based on the value of the cheque.  

      Cheques up to £100: £5

      Cheques of £100 and above:
      25p per £100 (min £8, max £80 per cheque)

      Cheques in a foreign currency drawn in a different country
      (e.g. US Dollars drawn in France, but not UK):
      25p per £100 (min £10, max £80 per cheque)

      Cheque negotiation to current account
      The correspondent bank may impose an additional charge based on the value of the cheque.  

      Cheques in the same currency as the account: £2 per cheque

      Chequesrequiring currency conversion: £4 per cheque

Exchange rate

  • What exchange rate will I get?

    We offer a wide range of foreign exchange services. When you make a payment online, you'll be told how much you should expect to leave your account or how much the recipient will receive.

    If you want certainty over the exchange rate, you should make your payment in the currency of the country you are sending it to. Otherwise, you won't know what exchange rate is going to be used by the receiving bank.

    For our exchange rates for international money transfers, please call us or contact your Relationship Manager

    From the UK: 08457 449 900

    From outside the UK +44 (0) 1539 736 626

    Lines are open 24 hours a day, 7 days a week. Calls may be monitored/recorded.

Ways to send money

    • International Moneymover Service

      • Free, fast and convenient money transfers in all major currencies.
      • Send money online via Currency Internet Banking (not available on Sterling Internet Banking) or over the phone.


      Online:

      Make international money transfers from your currency accounts for free.

      Telephone:

      Call International PhoneBank®:

      From the UK: 08457 449 900
      From outside the UK: + 44 (0) 1539 736 626
      Lines are open 24 hours a day, 7 days a week

      Calls may be monitored/recorded.

      In writing:

      You can send your request to transfer money overseas to:

      Lloyds Bank
      PO Box 368
      Douglas
      Isle of Man
      IM99 3XU

      Security

      We may make additional security checks before acting on a particular request for an International Money Transfer, when we believe we are justified in doing so.

    • International Drafts

      These are useful if you don't know the bank account details of the overseas recipient (as they are paper-based).

      Recipients can see at once that payment has been made, however, payment may take longer to arrive compared with online transfers. Drafts have to be paid into an account in the same name as the recipient.

      We can either:

      • Send a draft to you, which will take about 5 working days. (Once the draft has been deposited, how long it takes for the funds to be available depends on the banking practice of the recipient country.)
      • Send a draft to the recipient with a covering letter.

      Charges

      There's a charge of £15 (plus registration fee, if posted). There may also be local bank charges for the person receiving it.

      Using the free International Moneymover Service instead will cut charges and reduce delays.

    • International Standing Orders

      Make regular International Money Transfers automatically and free of charge.

      • Ideal for paying bills
      • Send money regularly to your family
       
    • How do I start an international money transfer?

      • Their Bank Identifier Code (BIC), SWIFT code or national bank code.
      • Their bank account number or International Bank Account Number (IBAN).
      • Their full name.
      • Their bank's full address.
      • BIC and IBAN codes are similar to a bank account number and sort code in the UK. They are compulsory for payments to European Economic Area (EEA) countries and other countries around the world where an IBAN is required. You'll need to get these details from the person receiving the payment overseas.
       

FAQ

    • How do I create a new international recipient?

      You'll need to provide us with your recipient's bank account number and the full name and address of their bank.

      For payments to the EU (European Union and EEA (European Economic Area) and selected other countries, you'll also need to provide the BIC (Bank Identifier Code)/Swift code and the IBAN (International Bank Account Number).

    • What information do I need to supply for a new international recipient?

      You'll need to give us accurate information about the person you are sending it to. This includes:

      • Their Bank Identifier Code (BIC), SWIFT code – a standard format for BIC codes – or national bank code
      • Their bank account number or International Bank Account Number (IBAN).
      • Their full name.
      • Their bank's full address

      BIC and IBAN codes are similar to a bank account number and sort code in the UK. They are compulsory for payments to European Economic Area (EEA) countries and other countries around the world where an IBAN is required. You'll need to get these details from the person you want to transfer money overseas to.

    • What is an IBAN?

      IBAN stands for International Bank Account Number. It is a unique code that identifies an individual bank account. We won't be able to process your payment to the European Union, EEA (European Economic Area) and other countries where an IBAN is required, without it.

      IBANs are obligatory for payments to the European Union and EEA (European Economic Area) and other countries where an IBAN is required. Please note that IBANs can have a different number of characters and are a mix of letters and numbers.

    • Where can I find a recipient's Bank Identifier Code (BIC)/SWIFT code?

      You'll need to ask your recipient for the BIC/SWIFT code of their bank.
    • How long do payments take?

      Your payment should get to the recipient's bank in 1-3 days – the time it takes will vary from country to country. We aren’t in control of how long it takes the recipient’s bank to process the transfer, however.
    • Will I get a receipt?

      You'll get a reference number if you pay online and can print off your own receipt. Payments made by phone will be shown on your statement, so please check this carefully.
    • What happens if the money doesn't arrive?

      If for any reason the money doesn't arrive, please tell us as soon as possible and we'll try to trace it. You may be charged for this service.
    • Can I pay a foreign currency cheque into my account?

      Yes. Charges will vary depending on the value of the cheque and whether it’s paid into a Currency Account or a Sterling Account.
    • What is the difference between funds by negotiation and funds by collection?

      Cheques or drafts by negotiation will be credited to your account in a few days, minus charges. This service can only be used if the draft or the cheque is in the local currency. Credits from cheques can still be reversed by the bank at a later date if it turns out that the payer's bank account has insufficient funds.

      If the payment is from a high-risk country or isn't in the sender's local currency, it's likely the payment will be sent for collection. This means your account won't be credited until we're certain the money will be paid. The time this takes will depend on the country involved – it can take several weeks.

      It's usually cheaper, quicker and simpler to use electronic payments.

    • When will I be able to make an international payment to my new recipient?

      Payments to new recipients can be made as soon as their details have been set up.

Online International Payments

  • Online International Payments via Currency Internet Banking

    You can make international money transfers online via Currency Internet Banking. This service is for any of these international accounts:

    • International current account in Euros and US Dollars.
    • Savings accounts in all currencies (Bonus Saver and Incentive Saver). Penalties may apply, depending on account withdrawal restrictions.

    The advantages of Online International Payments

    • You can transfer money overseas when it suits you – 24 hours a day, 7 days a week. Payments are processed during normal banking hours
    • It's easy to send money to anyone you've already made a payment to, as we'll store their details
    • You can send up to £30,000 – or currency equivalent – a day to almost anywhere in the world. There is a limit of £10,000 per payment

    How to make an International Payment online

    Watch our demo to see how to make an international payment online.

    View demo

Our International services are offered by Lloyds Bank International Limited, Lloyds Bank (Gibraltar) Limited & Lloyds Investment Fund Managers Limited. See company Information.

Lloyds Bank International Limited.  Registered office and principal place of business: P.O. Box 160, 25 New Street, St. Helier, Jersey JE4 8RG. Registered in Jersey, number 4029. Regulated by the Jersey Financial Services Commission. We abide by the Jersey Code of Practice for Consumer Lending.

Lloyds Bank (Gibraltar) Limited.  Registered office and principal place of business: Royal Ocean Plaza, Ocean Village, Gibraltar, GX11 1AA. Registered in Gibraltar, no 99982. Regulated and authorised by the Gibraltar Financial Services Commission for the conduct of banking, investment and insurance mediation business.

Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited are wholly owned subsidiaries of Lloyds Bank plc. Lloyds Bank plc is incorporated in the United Kingdom, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278, and is part of the Lloyds Banking Group. Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited place funds with Lloyds Bank plc and thus their financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Lloyds Bank International Limited and Lloyds Bank (Gibraltar) Limited and their parent based upon publicly available information. Download Lloyds Bank International Limited’s latest annual financial statements. Lloyds Bank (Gibraltar) Limited’s latest annual financial statements are available through Companies’ House in Gibraltar at www.companieshouse.gi

Lloyds Investment Fund Managers Limited. Registered office: PO Box 160, 25 New Street, St Helier, Jersey JE4 8RG.  Authorised by the Jersey Financial Services Commission under the Collective Investment Funds (Jersey) Law 1988.