International Payments

The quickest and most secure way of sending money to and receiving money from almost anywhere in the world.

International payments

Maybe you have family overseas and want to send them money or you might even be working or buying a house abroad. Whatever the reason, our International Payment services are fast, efficient and secure.

How much does it cost?

When sending money abroad, the following fees apply to each transaction:

  • £9.50 when sending money via Internet Banking
  • £19.50 via Telephone Banking and in branch.

Save £4.50 on each of your first ever 2 online international payments

ONLINE OFFER: Send your first ever 2 online international payments for only £5 each, reduced from £9.50. That’s a saving of £4.50 for each payment.

See the online offer details.

When you make an international payment online you’ll pay our fee, and the person receiving the payment pays all other charges. This may result in the person receiving the payment receiving a lesser amount than you have sent, or these charges may be debited from their account separately. Other charging options are available in branch or via Telephone Banking. For more information, read the International Payments terms & conditions.

Please be aware that online international payments made outside of normal market trading hours (7am-5pm Monday to Friday, excluding bank holidays) will include an additional outside of market trading hours premium, in the exchange rate offered. This premium is not applied if you transact within normal market trading hours where exchange rates offered to you will be live and fluctuate in line with the markets. 

Find out more about sending money abroad.

If you are a current account customer, but don't use Internet Banking, why not register today?

Sending money abroad

ONLINE OFFER: Save £4.50 on each of your first ever 2 online international payments
Use promotion code FIVEPOUNDS when sending your first ever 2 online international payments only. Offer closes at midnight on 29th April 2014 and further payments will be charged at £9.50 each. 
Offer applies to the first ever 2 online payments only:

  • You can use the promotion code only once for your second  online  payment if you’ve previously sent 1 international payment using the Internet Banking service.
  • You can't use the promotion code if you’ve previously sent 2 or more international payments using the Internet Banking service.
    Offer may be withdrawn at any time.

Sending money overseas is simple – you’ll need the following information, depending on the destination:

  • The BIC/SWIFT code and the IBAN (this replaces the account number). Please refer to our help & guidance page for a list of countries that you will need an IBAN for.
  • For the rest of the world, the beneficiary name and bank details are needed.
 How to send money abroad with our International Payment service
Via Internet Banking

NOTE: A daily transaction limit of £75,000 applies when sending International Payments via Internet Banking.
To save £4.50 on each of your first ever 2 online international payments, enter FIVEPOUNDS in the promotion code field when sending each payment.
Log in to Internet Banking and choose the bank account you wish to make a payment from. Click the ‘UK & International Payments tab, then the ‘International Payments’ sub-tab and follow the on-screen instructions. 

Via Telephone Banking

NOTE: A daily transaction limit of £5,000  applies when sending International Payments via Telephone Banking.
If you're registered for Telephone Banking, just call 08457 21 31 41 (+44 131 339 2573 if calling from outside the UK).
Lines are open 8am to 8pm seven days a week.

In branch Call into your nearest branch and talk to us.

Receiving money from abroad

Transfers to your Bank of Scotland account can be received in foreign currency or sterling. Payments received in foreign currency are converted into sterling and credited to your account. To ensure your funds are received as quickly as possible you must instruct the overseas bank to send funds via SWIFT (Society for Worldwide Interbank Financial Telecommunication).

There are three things the overseas bank should know - the bank’s SWIFT code, your IBAN and BIC. These will help process your transfer as quickly as possible:

  • SWIFT code: quote the Lloyds Bank swift code which is LOYDGB2L (Lloyds Bank and Bank of Scotland are part of Lloyds Banking Group).
  • IBAN and BIC: quote the IBAN and BIC of the account the money is to be sent to. The IBAN and BIC contain your sort code and account number in a format that is recognised abroad. To find your IBAN and BIC, log in to Internet Banking; select the relevant account from the “My accounts” page, and then click on the ‘Show IBAN / BIC’ link.


IBAN - International Bank Account Number.
- Bank Identifier Code.

The following fees apply when receiving international payments into your account:

Fees for receiving International Payments
 Payments into your account over £100  £7
 Payments into your account for £100 or less  £2

We'll convert the money you've received into pounds sterling on the day we pay it into your account.

Free international payments to Spain

Do you live, work in or visit Spain frequently, and hold a Bank of Scotland current account in the UK? If so, you can benefit from free international transfers* from your UK current account to an account you hold with Lloyds Bank International, S.A.U., the Spanish banking arm of the Lloyds Banking Group.

You can make a transfer via Internet Banking, by Telephone Banking on 08457 21 31 41. Lines are open 24 hours a day, 7 days a week. Or call into your nearest branch.

If you wish to open a Lloyds Bank International, S.A.U. account, please call 08456 00 36 03. Lines are open 8am to 6pm Monday to Friday and 9.30am to 1.30pm Saturday. (UK local time).

* The free transfer service does not apply to third party transfers.

Lloyds Bank International, S.A.U. (Lloyds Bank International) is a body corporate incorporated in Spain with registered office at C/ Serrano, 90, 5a Planta, 28006 Madrid, Spain and is registered in the Spanish Register of Banks and Bankers (Registro de Bancos y Banqueros) with the number 0236. Reg. Mer. Madrid. T. 6799, L.O.F. 108 Sec 8a, H.M.-110714, Incrip. 1a, N.I.F. A-80481765.

All deposits will be held in Spain and the accounts will be subject to Spanish law and Spanish banking rules. Lloyds Bank International is a member of the Fondo de Garantía de Depósitos. The Financial Services Compensation Scheme under the UK Financial Services and Markets Act 2000 does not apply to deposits held in Spain. Subject to status. An annual or maintenance fee may apply.

Bank of Scotland and Lloyds Bank International, S.A.U. are part of Lloyds Banking Group.

A foreign draft is required when sending money abroad by post. Foreign drafts are available in all major currencies with a fee of £20 for each draft. Just ask in branch for more details.

Calls may be monitored and recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service.

Bank of Scotland plc, Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority except for lending for which we are licensed by the Office of Fair Trading.

Sending money abroad

Already an Internet Banking customer?

Log into Internet Banking

Log in to send money abroad from your current account.

New to Internet Banking?

Register for Internet Banking

Register and start sending money abroad the easy way.

To send money abroad through our Internet Banking service, you'll need a Bank of Scotland current account. If you haven't got one yet, compare current accounts and apply online.

Watch our International Payments demo

View our step-by-step guide for how to send money abroad.

  1. View interactive demo