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International Payments
Transfer money securely around the world. Make International Payments online or in branch.
How to make an international payment
Key features and benefits
- Secure bank-to-bank transfers
- Send and receive money in most major currencies
- Transparent upfront fees
- Schedule payments in advance
- Option to store details for repeat payments
- Make payments 24 hours a day1
- Make payments in over 55 currencies on Commercial Banking Online
Do you pay your invoices in Sterling?
Paying invoices in your suppliers’ local currency could reduce cost and speed up the process. Here’s more information about how swapping from Sterling to local currency could make international payments easier, faster and cheaper.
What we’ll need to know
Please get the following information from your recipient:
- The recipient’s exact full name (or company name) and address
- The recipient’s IBAN (International Bank Account Number) or account number
- The name and address of the recipient’s bank – including the BIC (Business Identifier Code)/SWIFT code, and/or the clearing code.
Certain countries may require additional details
-
Our Payment Charges
Our Payment Charges Transaction type
Sent via
Charges
Transaction type
International payment
Sent via
Internet banking
Charges
£15
Transaction type
Express International Moneymover
Sent via
Branch
Charges
£28
Transaction type
Standard International Moneymover
Sent via
Branch
Charges
£21
Transaction type
Non-urgent Euro (SEPA)2
Sent via
Branch
Charges
£5
Transaction type
Correspondent Bank Fee - Zone 1 What is this?
(USA, Canada, Switzerland, Monaco, San Marino, Jersey, Guernsey and Isle of Man)
Sent via
All channels
Charges
£12
Transaction type
Correspondent Bank Fee – Zone 2
(Rest of the World, excluding the UK, the EEA, select currencies (please refer to the Payment Transaction Brochure (PDF, 94KB)))
Sent via
All channels
Charges
£20
Transaction type
Electronic payments received from abroad
Sent via
N/A
Charges
Up to £100 (£2)
Over £100 (£7)There is no charge for euro payments received from the EEA. If a payment received is in a different currency or is received from a country outside of the EEA, this fee will be charged.
Transaction type
Post payment charges-Cancellations3 , amendments4 and status requests
Sent via
N/A
Charges
£20 applicable to all payment types
FX Margin
Our FX margin is the difference between the Lloyds Bank exchange rate you pay and the rate available to us when we obtain these currencies. The rate available to us will depend on a variety of factors such as where we source the rates from, timing of the transaction and whether we hold the rate for you. The rate you achieve is likely to be different from rates quoted elsewhere.
For International Payments of £25,000 or less, the Standard margin of 2.60% applies.
For payments above £25,000 please see more detail on our FX margin pricing here; https://www.lloydsbank.com/business/fx-margins.html
Receive an International Payment
Please ask the overseas bank to follow the instructions;
- Send funds via SWIFT (Society for Worldwide Interbank Financial Telecommunication)
- Quote Lloyds Bank with the swift code LOYDGB2L
- Use the account number, sort code, IBAN and BIC of the account you want crediting.
Other International Payments options
Payment in branch
Visit your local branch for information.
1You can make a payment 24 hours a day, 7 days a week, but it will only be processed during normal banking hours. Money will only be taken from your account once we have processed your payment. Payments made before 3pm on a business day will be debited that same day. For payments made on or after 3pm on a business day, or at any time on a non-business day, your account will be debited on the next business day. Occasionally we may need to carry out essential maintenance, resulting in some interruption to service<
2For non-urgent Euro (SEPA) you must provide a Bank Identifier Code (BIC) and International Bank Account Number (IBAN).
3If the payment has already been credited into the beneficiary's account using International Moneymover, we can only recall it subject to the beneficiary's agreement. The charge will be taken whether the payment can or cannot be recalled. If a payment is recalled, the amount returned will be calculated according to the exchange rate on the day it is credited into your account. In the case of cancelling a draft, your business may be asked to sign a counter indemnity which allows us to debit the account if money is paid out.
4Amendments are only allowed on International Moneymover (Standard and Express). They are amendments you want to make on the beneficiary details and/or the amount of payment after it is sent.
Lloyds Banking Group is a financial services group that incorporates a number of brands including Lloyds Bank. More information on Lloyds Banking Group can be found at lloydsbankinggroup.com.