THESE DETAILS REFER TO STERLING ACCOUNTS ONLY
Taking money out of a sterling account by Direct Electronic Transfer (Telegraphic Transfer)
- Withdrawals can be made in any currency to any bank or building society in the UK or overseas
- To process your transfer request as quickly as possible,
please ensure you provide us with the following information:-
- Currency and amount to be transferred
- Bank/building society name
- Bank/building society address
- Sort Code (UK payments only)
- SWIFT Code (non-UK payments)*
- IBAN (EU/EEA payments)*
- Account name
- Account number.
- We do make a charge for this type of transfer and this will be deducted from your account unless you specifically ask us to deduct it from the amount of the transfer
- Instructions received after 10.30am (GMT) will be carried out on the next working day
Please note, for Telebanking transactions,
bank and third party details must be designated in advance.
* When transferring funds to a bank outside the UK, it is essential that you provide a SWIFT code and, if the payment is within Europe, it must include an International Bank Account Number (IBAN). If you don't provide a SWIFT and IBAN (where applicable), your payment might be delayed, subject to additional charges or even rejected. These details should be obtained from the beneficiary bank. SWIFT payments can take 3-5 working days or occasionally longer to reach the beneficiary bank.
The European Economic Area (EEA) is composed of all the members of the European Union (EU) and Iceland, Liechtenstein, Norway and Switzerland.
If you set up a new designated account, we may require it to be held in the account holders name and may refuse to set up a designated account in any other name. We may restrict or refuse any third party transaction.