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SEND MONEY ABROADInternational Payments

Transfer money online in Sterling or foreign currencies

  • Send international payments to over 100 countries using Internet Banking.
  • Simple and clear FX margins with our Standard FX margin currently 2%.
  • No need to open currency accounts in multiple local markets.
  • Manage cash flow requirements in advance of payment due dates to enable you to budget accurately.

Log on to Internet Banking to make an International Payment, if you aren’t registered for Internet Banking register now. Once logged in select ‘More actions’ next to the account you’d like to make the payment from, then select ‘Payments & transfers’ and ‘Make an International Payment’.

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Help making International Payments online

Use our interactive demo to get a step-by-step guide of how to make an international payment in Internet Banking.

The demo shows you how simple it is to make payments to new and existing recipients and how to calculate exchange rates.

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Making regular payments in Euros?

To pay overseas clients regularly, SEPA Direct Debits are an easy and efficient solution. You can make SEPA Direct Debit payments in Euros to all Single European Payment Area (SEPA) countries – all European Union member states plus Iceland, Norway, Liechtenstein, Switzerland, Monaco and San Marino.****

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**.

International drafts
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.

Business Foreign Exchange (FX) Margins

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.

Frequently asked questions about International Payments

To create a recipient or make an international payment, you’ll need to give us this information:

  • the recipient’s name and address (exact full name or company name)
  • 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
  • the payment currency (for example, US dollars).

Please get this information from your recipient.

You can get an exchange rate illustration by using the Online International Payments calculator, but this will only be an estimate.

Before a payment is confirmed online, the agreed and final rate will be shown.

A SWIFT code is an international bank code that identifies particular banks worldwide. It's also known as a Bank Identifier Code (BIC).

You can find your BIC in Internet Banking under ‘More actions’ and ‘Account Information’.

IBAN stands for ‘International Bank Account Number.’ IBANs identify banks according to international agreement. IBANs are mandatory for EU (European) and EEA (European Economic Area) countries. Each country has a different number of characters in their IBANs.

This is an example of an IBAN for the United Kingdom:

GB29NWBK60161331926819.

An IBAN has four components and is a mixture of alpha and numeric characters:

  • an ISO country code
  • bank and branch identifier
  • beneficiary account number
  • two check digits.

The two check digits in the IBAN help banks verify that your payment details are correct.

You can find your IBAN in Internet Banking under ‘More actions’ and ‘Account Information’.

You 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.

Online

Send money abroad efficiently,  through Internet Banking. If you aren’t registered for Internet Banking register now.

Log on to Internet Banking

On the phone

0345 072 5555

We are available Monday to Friday, 7:00am-8:00pm; Saturday, 9:00am-2:00pm.

In branch

Visit your local branch for information.

Find your nearest branch

International Trade Portal

International trading is a big step forward for your business, but it can be difficult to know how to break into a new market.

Find out more

International Product Selector

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.