Transfer money online in Sterling or foreign currencies
If you have a foreign currency account or if you prefer to make your international payments at a branch, there are four ways to do it:
Express International Moneymover
The quickest way of sending payments abroad, including in Euros, provided the beneficiary’s bank is in the European Economic Area (EEA)*.
Payments in Euros can take one business day to arrive at the beneficiary’s bank, but will usually arrive on the business day on which we receive your instructions**.
Payments in other currencies, including Sterling, may take up to four business days to arrive at the beneficiary’s bank, but usually arrive within two to three business days of your instruction**.
Standard International Moneymover
For sending non-Euro payments abroad. Payments in Sterling can take a maximum of 4 days to arrive with the beneficiary’s bank, but normally arrive within two business days*. Payments in EEA currencies, other than Euro, can take up to four business days to arrive at the beneficiary’s bank, provided the beneficiary’s bank is in the EEA**. Payments outside the EEA and/or in non-EEA currencies can take up to five business days to arrive at the beneficiary’s bank.
Non-urgent Single Euro Payment Area Service
For planned Euro payments overseas and within the UK. Payments will arrive one business day after your instruction**.
Have a bank cheque in Sterling or foreign currency issued directly to you, made payable to the person or company who receives the funds.
International Payments are converted using the Lloyds Bank exchange rate. The Lloyds Bank exchange rate is based on the rate at which we buy and/or sell currency in the wholesale markets plus a percentage FX margin.
To find out about our latest FX margins, please click the link below.
The payment cut-off time is the latest time on a Business Day that we will accept a payment instruction to be processed on that day.
International Payments instructed online through Internet Banking have a cut-off time of 3pm, Monday to Friday. We will process any payment instructions received after the cut-off time on the next Business Day.
Some currencies will require additional processing days; this is the minimum number of Business Days that the payment will take to reach the payee’s bank (excluding the processing day).
You can find details of branch cut-off times and more information on additional processing days in our Payment Transaction brochure.
International payments can be made to your account in either sterling or foreign currency.
For your payment to be transferred as quickly as possible, please ask the overseas bank to follow the instructions below.
How to send the payment - You must instruct the overseas bank to send funds via SWIFT (Society for Worldwide Interbank Financial Telecommunication).
Where to send the payment - Quote Lloyds Bank with the swift code LOYDGB2L (Lloyds Bank is part of Lloyds Banking Group).
Account details you should use - Your account number, sort code of your account, your IBAN (International Bank Account Number) and BIC (Business Identifier Code) of the account you want crediting. These are the same as your sort code and account number but in a format recognized abroad.
You can find your IBAN and BIC by logging on to Internet Banking, selecting an account from “Your Accounts” then clicking on the ‘Show IBAN / BIC’ link.
Visit our International services rates and charges page for information on the costs of receiving international payments including correspondent bank charges.
Our handy tool can help you find out what products and services can support your business to trade internationally.
From making payments in US Dollars to selling in Euros, our tool will provide you with a guide to which products can best help you grow.