Will you take the money from my account for an international payment right away?
For Payments made in foreign currency before 4:30pm on a business day, your account will be debited the same working day. For payments made on or after 4:30pm on a business day, your account will be debited the next working day. Payments submitted on or after 4:30pm on a Friday (as long as Friday is a working day) will be debited the next working day, please note Saturdays, Sundays and Bank holidays are not classed as working days.
What is a transfer charge?
This is our upfront charge to you for making an international payment. Please note that while you will pay our transfer charges, 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. Our international payments calculator is available to you after you've logged into Internet Banking to demonstrate how much each payment will cost. Please see International Payment costs.
How many international payments can I make each day?
International payment limits are set by each account and not for each individual customer. You can make any number of payments up to a total amount of £75,000 per account per day.
Can I make more than one payment to the same recipient each day?
Yes. You can make as many payments as you want as long as you don't go over your daily payment transaction limit of £75,000 and you have enough money in your account to make payments.
How do I send money abroad online?
If you're a TSB Current Account customer log on to Internet Banking to send money abroad.
Log on
What countries require an IBAN on International Payments?
To make payments to the countries with an asterisk*, you will still need a BIC/SWIFT code.
Country |
No of characters in IBAN |
Example of country's IBAN |
Andorra* |
24 |
AD120001203020035910 0100 |
Austria |
20 |
AT611904300234573201 |
Bahrain* |
22 |
BH67BMAG00001299123456 |
Belgium |
16 |
BE68539007547034 |
Bosnia- Hercegovina* |
20 |
BA391290079401028494 |
Bulgaria |
22 |
BG80BNBG96611020345678 |
Croatia |
21 |
HR1210010051863000160 |
Cyprus |
28 |
CY17002001280000001200527600 |
Czech Republic |
24 |
CZ6508000000192000145399 |
Denmark |
18 |
DK5000400440116243 |
Estonia |
20 |
EE382200221020145685 |
Faeroe Islands* |
18 |
FO6264600001631634 |
Finland |
18 |
FI2112345600000785 |
France |
27 |
FR1420041010050500013M02606 |
Georgia* |
22 |
GE29NB0000000101904917 |
Germany |
22 |
DE89370400440532013000 |
Gibraltar |
23 |
GI75NWBK000000007099453 |
Great Britain |
22 |
GB29NWBK60161331926819 |
Greece |
27 |
GR16 01101250000000012300695 |
Greenland* |
18 |
GL8964710001000206 |
Guernsey* |
22 |
GB57NWBK55504453178386 |
Hungary |
28 |
HU42117730161111101800000000 |
Iceland |
26 |
IS140159260076545510730339 |
Ireland |
22 |
IE29AIBK93115212345678 |
Isle of Man* or |
22 |
GB 57NWBK55504453178386 |
Isle of Man* |
22 |
IM 07MIDL40193872448696 |
Italy |
27 |
IT60X0542811101000000123456 |
Jersey* or |
22 |
GB 57NWBK55504453178386 |
Jersey* |
22 |
JE 68ABNA0350917C000978 |
Jordan* |
30 |
JO99HBHA4543333578295175367253 |
Kazakhstan* |
20 |
KZ5590238934023248812 |
Kuwait* |
30 |
KW81CBKU0000000000001234560101 |
Latvia |
21 |
LV80BANK0000435195001 |
Lebanon* |
28 |
LB62099900000001001901229114 |
Liechtenstein |
21 |
LI21088100002324013A A |
Lithuania |
20 |
LT121000011101001000 |
Luxembourg |
20 |
LU280019400644750000 |
Macedonia* |
19 |
MK07250120000058984 |
Malta |
31 |
MT84MALT011000012345MTLCAST001S |
Moldova* |
24 |
MD24AG000225100013104168 |
Monaco |
27 |
MC5811222000010123456789030 |
Montenegro* |
22 |
ME25505000012345678951 |
Netherlands |
18 |
NL91ABNA0417164300 |
Norway |
15 |
NO0212345678910 |
Palestinian Territory* |
29 |
PS92PALS000000000400123456702 |
Poland |
28 |
PL61109010140000071219812874 |
Portugal |
25 |
PT50000201231234567890154 |
Qatar* |
29 |
QA01QNBA000000001234123412341 |
Romania |
24 |
RO49AAAA1B31007593840000 |
San Marino |
27 |
SM86U0322509800000000270100 |
Saudi Arabia* |
24 |
SA0380000000608010167519 |
Slovakia |
24 |
SK3112000000198742637541 |
Slovenia |
19 |
SI56263300012039086 |
Spain |
24 |
ES9121000418450200051332 |
Sweden |
24 |
SE4550000000058398257466 |
Switzerland |
21 |
CH9300762011623852957 |
Tunisia* |
24 |
TN5910006035183598478831 |
Turkey* |
26 |
TR330006100519786457841326 |
Ukraine* |
29 |
UA213996220000026007233566001 |
United Arab Emirates* |
23 |
AE070331234567890123456 |
What is a clearing code?
A clearing code is needed for making a International payment to an account that doesn't have an IBAN. A clearing code can be added to the first line of the recipients bank address online.
What is a routing code?
A routing code is a countries version of a sort code. A routing code is not always required but may be required if you are sending a payment to USA. A routing code can be added to the first line of the recipient’s bank address online.
The beneficiary that you are paying should be able to tell you whether a clearing code is required by their bank.
Why have I received less than the sender sent?
The sender can either choose to pay all the charges themselves, share the charges with you or for you to pay all the charges. This will affect how much you receive. Please see International Payment costs.
The amount received will also depend on who converts the currency. If the sender sends the payment in local currency (i.e. Euros or US Dollars) then TSB will convert into Pounds. We do this based on our own daily rates. These rates will be linked to live industry exchange rates. Rates can change by the minute, without the sending bank knowing what our rate is, they won’t be able to tell you what the exchange rate will be. This can make it hard to predict exactly what will arrive in Pounds sterling.
If the overseas sender requests the payment is sent in Pounds sterling then the overseas bank will make the conversion based on their own rates, the sender should be made aware of this at the time they make the transaction. If they choose to pay all the charges they can ensure you receive the Pounds sterling amount you were expecting.
All banks should publish the rate that they convert sent payments in.
I wanted to send a payment in Pounds Sterling. Is this possible?
Yes. However please be aware that our correspondent bank may convert your payment into the currency of the receiving bank. Not all Pound Sterling payments will be converted by our correspondent bank into the receiving bank currency as this will depend upon whether or not our correspondent bank supports the currency of the receiving bank. If they don’t, then the payment will be sent on in Pounds Sterling for the receiving bank to convert into the receiving currency.
How will I know what foreign exchange rate has been used for my transaction?
If you are making an international payment in Pounds Sterling, we recommend you use the calculator to get an up to date estimate of current exchange rates. The payment may be converted by our correspondent bank and TSB will send the main account holder an SMS to confirm the exchange rate used normally within 24 hours of the transaction being triggered. However, if the transaction is triggered on a Friday, weekend or some bank holidays the SMS may take 3 days to arrive. Information confirming the charges applied will also be confirmed on your statement.
For payments made in a foreign currency, we will provide you with the exchange rate via internet banking or branch prior to you sending the payment. Information confirming the charges you have been charged by TSB and the exchange rate used will also be confirmed on your statement.