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.

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.

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 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.

Once you’ve set up a new recipient we save the details - this means there's no need to enter them again in future when you want to send money to the same place online.

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. These will help process your transfer as quickly as possible:

• Where to send the money - quote Lloyds TSB with the SWIFT code LOYDGB2L (Lloyds TSB and Bank of Scotland are part of Lloyds Banking Group).
• The name of your bank - quote Bank of Scotland and the BIC for your account. This can be found on the your accounts' statement.
• Account number & sort code of your account - these are details of the account to be credited. You'll also need to include the IBAN for the account which can be found on your accounts' statement.

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

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

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.