International Money Transfers

International Money Transfers
  • Send money abroad or transfer between your accounts
  • Safe and easy to use
  • All major currencies at competitive exchange rates
  • Reduced charges for payments made via Currency Internet Banking.

Overview
  • Send money overseas or move money between your currency accounts.
  • Our International Money Transfer service is safe and easy to use.
  • International Money Transfers in all major currencies at competitive exchange rates.
Secure
  • When you send money abroad you can be sure that your payments will get to their destination safely and on time.
Easy
  • Make International Money Transfers online from your US Dollar or Euro Currency account.
  • Or talk to one of our expert advisors over the phone.
Competitive
  • Our exchange rates and fees are some of the best in the market.

Sending Funds

International moneymover service Through Currency Internet Banking £15
Through Offshore PhoneBank, in branch, or in writing £25
Through Standing Order £15
To your other accounts held with Lloyds Banking Group Free
International drafts £15 (plus registration fee if posted)
Electronic Funds Transfer
(CHAPS payments within the British Isles)		 £20 + £5 for confirmation to recipient
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 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

* Plus charges levied by the correspondent bank abroad.

Receiving money from abroad

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* 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 (not UK)
e.g. US Dollars drawn in France		 As above, but minimum £10 per cheque.
Cheque negotiation to currency account* Cheques in the same currency as the account £2 per cheque
Cheques requiring currency conversion £4 per cheque
Electronic bank transfer from another financial institution Up to £100 £2
£100 and above £7, or £10 for telephone advice

* The correspondent bank may also levy a charge based on the value of the cheque.

What exchange rate will I get?

By making the payment in the currency of the country you are sending it to, you will have certainty over the exchange rate that will be used. Otherwise you won't know what exchange rate is going to be used by the receiving bank.

When you make a payment online you will be told the indicative amount that will leave your account or that the recipient will receive.

To find out our exchange rates for International Money Transfers, please call Offshore 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.

International Moneymover Service

  • Fast and convenient money transfers in all major currencies.
  • Send money online or over the phone.

Online:

Make international money transfers from your currency accounts.

Telephone:

Call Offshore 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

In writing:

You can send your request in writing to
Lloyds TSB Bank
PO Box 368
Douglas
Isle of Man
IM99 3XU

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

International Drafts

  • We can send a draft to you which will take about 5 working days. How long it will take for the funds to be available will depend on the banking practice of the country it's deposited in.
  • Or we can send it to the recipient with a covering letter.
  • Charge of £15 (plus registration fee if posted). There may also be local bank charges for the person receiving it.

International Standing Orders

  • Make regular International Money Transfers automatically.

What do I need to provide?

  • 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 or national bank code.
    • Their bank account number or International Bank Account Number (IBAN).
    • Their full name.
    • Their bank full address.
    • BIC and IBAN are similar to a bank account number and sort code in the UK and are compulsory for payments to EEA countries. You will need to get this from the person receiving the payment.

How do I create a new international recipient?

To create a new international recipient, you'll need to provide us with their bank account number and the full name and address of their bank.

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

What do I need to provide?

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 or national bank code.
  • Their bank account number or International Bank Account Number (IBAN).
  • Their full name.
  • Their bank full address.
  • BIC and IBAN are similar to a bank account number and sort code in the UK and are compulsory for payments to EEA countries. You will need to get this from the person receiving the payment.

What is a BIC/SWIFT code?

BIC stands for Bank Identifier Code. It is a unique code that identifies a particular bank in a specific country. It helps us process transactions efficiently and quickly, and payments to the European Union and EEA (European Economic Area) cannot be made without it.

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 and EEA (European Economic Area) without an IBAN.

IBANs are a mandatory requirement for payments to the European Union and EEA (European Economic Area). Please note that IBANs can have a different number of characters.

Where can I find a recipient's BIC/SWIFT code?

You'll need to ask your recipient for the BIC/SWIFT code of their bank.

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 via Currency Internet Banking

Online International Payments is a service which lets you send money globally from your international accounts using Currency Internet Banking (this service is unavailable for Premier International Accounts opened in Sterling).

International Money Transfers are available online with the following Lloyds TSB International accounts:

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

Overview

  • Make Online International Payments at your convenience, 24 hours a day 7 days a week; payments are processed during normal banking hours.
  • We’ll store details of any recipients you make a payment to, making it even easier to send money to the same person again.
  • Send up to £30,000 (or currency equivalent) per day to almost anywhere in the world. Limit £10,000 per payment.

Fees and Charges

Our transfer charges for sending an International Payment online are:

  • £15 for International payments*.

* Plus charges levied by the correspondent bank abroad.

How to make an International Payment online

If you’re a Lloyds TSB International customer log on to Currency Internet Banking. Please note our International online payments service is only available thorough Currency Internet Banking, and is subject to account withdrawal restrictions.

Making an online international payment is simple. Please visit our helpful demo to guide you through the process.

Need help?

From the UK, call
08457 449900

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

Lines are open 24 hours a day, 7 days a week

Guidance