Making international payments

Making international payments

We offer a range of solutions to businesses that need to make international payments. See them in detail below.

International payments service

It's the fastest, most secure way of making an international bank-to-bank transfer to pay people or businesses outside the UK. And it all happens electronically so no need to pack your sunglasses.

The service is for any business customers who import or who have subsidiaries overseas, with overseas personnel or customers and who currently settle overseas transactions via cheque, International Money Order or Draft.

Key benefits:

  • Reliable and secure
  • Clear service standards
  • Flexible choice of service levels
  • Designed to meet individual customer needs
  • Help to ensure transactions and trade run smoothly
  • Designed to meet your individual needs, we offer two payment services; standard ¿ for less time-critical transactions; priority for urgent payments
Rates and charges
Standard International Payment Service £25 (plus overseas delivery charges 3 where you have agreed to pay them)
Priority International Payment Service £40 (plus overseas delivery charges 3 where you have agreed to pay them)
Priority International Payments to Europe up to €50,000 £25 (provided IBAN and SWIFTBIC are quoted) 4
Additional charge for payments to Europe where IBAN and SWIFTBIC have not been provided (27 March 2006) £7 4

 

See our Rates and charges for full details.

SEPA credit transfer

If you need to make a non-urgent euro payment to a beneficiary within the Single Euro Payments Area 5 you may be able to do so through a SEPA Credit Transfer.

You can be certain the beneficiary will receive the funds a maximum of four working days after the payments are available at a lower cost than traditional International Payments.

A SEPA Credit Transfer is available at the counter, via Faxpay and by phone.

International drafts

Sometimes, old-fashioned is best. If you would rather not, or can't, make an electronic transfer, this paper-based method means you can place the funds directly into the hands of the recipients.

Key features and benefits

  • Convenience
  • Flexibility
  • Acceptability
  • Available to Barclays account holders only
  • Available at short notice
  • Available for any amount in most currencies
  • Can be drawn on most of our branches/correspondents worldwide

Faxpay

This service lets you send international and CHAPS payments instructions to us by fax. It's handy when you can¿t get to your computer and it's best for businesses that make five or more payments per quarter.

Key benefits of Faxpay:

  • Saves you time
  • Provides a more secure method of authorising your payments
  • Make payments from the convenience of your own business premises
  • The service can also provide you with immediate notification of any payments into your account via your fax machine

Key features of Faxpay

  • You fax your payment instructions directly to a dedicated team of payment specialists
  • Available for all CHAPS payments in sterling or euro and all International Payments in any freely traded currency
  • Sophisticated authentication devices provide a secure means of authorising your payments
  • We can advise you by fax of inbound payments received into your account

Rates & charges information

  • A £50 set-up fee will be applicable on all new applications for the FaxPay service. This fee will include one-off set up costs and issuing of a hand held authentication device, required to authenticate the payments that are faxed through to the payment teams
  • Thereafter, there is no regular maintenance charge for using the FaxPay service. You only pay the tariff for the type of payment you make ie CHAPS or International Payment

 

Looking to move your business banking to Barclays?

Find out How to switch bank accounts or call us today on:

0845 601 0106 1

If you're an existing Barclays customer call us on:

0845 605 2345 2

Important information
 
1. Lines are open Monday to Friday 8am-8pm and Saturday 9am-1pm. To maintain a quality service, we may monitor and record phone calls. Read our call charges and information  
 
2. Lines open Monday to Friday, 8am-7pm. To maintain a quality service, we may monitor and record phone calls. Read our call charges and information  
 
3. Overseas delivery charges cover the cost of delivering the payment in the destination country. There may be a flat fee or a percentage fee. 
 
4. To find out more about IBAN and SWIFTBIC, visit IBAN
 
5. The EU plus Iceland, Liechtenstein, Norway and Switzerland.
 

Barclays Bank PLC. Registered in England. Barclays Bank PLC is authorised and regulated by the Financial Services Authority (FSA). Registered No 1026167. Barclays Insurance Services Company Limited is authorised and regulated by the FSA. Registered No 973765. Registered Office for both: 1 Churchill Place, London, E14 5HP. "The Woolwich" and "Woolwich" are trademarks and trading names of Barclays Bank PLC. Barclays Business is a trading name of Barclays Bank PLC. Barclays Bank PLC subscribes to the Lending Code which is monitored and enforced by the Lending Standards Board and is licensed and regulated by the Office of Fair Trading for the provision of credit products to consumers and related services. Further details can be found at www.lendingstandardsboard.org.uk


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