18th May 2008  
Currency UK: foreign exchange specialists
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Onward Payments from Currency UK

Once a contract has been agreed you will need to complete the contract note with details of the account(s) that you would like us to transfer your funds to once the exchange is complete.

We will require the following information:

  1. Bank with which the account is held.
  2. The address of the bank.
  3. The international or local clearing code of this bank (SWIFT/BIC/ABA routing/sort code or other).
  4. The account name.
  5. The account number (This may be the IBAN).

Please click here to consult the country specific tool for further information on the details required to transfer funds to that country.

It is vital that, if we are sending funds on your behalf to a country within the European Union or the European Economic Area, you supply us with the correct IBAN and BIC/SWIFT Code otherwise charges may be deducted by the receiving institution.


Read about SWIFT/BIC and IBAN information


How long do the funds take to reach the beneficiary account?

International time differences and local banking practices in the recieving country will affect the time taken for funds to reach the recipient's account. Daily cut-off times apply to currency transfers, payments invoked after the daily cut-off time will take an additional working day.

The following table gives details of the time taken to transfer various currencies.

Same Day Next Working Day 2 Working Days
Canadian dollars
euro
sterling
US dollars
Australian dollar
Japanese yen
NZ dollar
Polish zloty
RSA rand
Swiss franc
UAE dirham
Cypriot pounds
Thai baht

Page last updated: 06 June 2006 15:47

 
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