Urgent Transfers

A fast, secure international payment service using electronic links between banks.

Key features & benefits

• Provides a speedy means of sending money abroad
• Offers high security and reliability, since payment is made using bank-to-bank electronic links
• Make payments of any amount in sterling or currency to most destinations throughout the world
• Provide your beneficiary with funds within 1-2 working days of your account being debited. Payments in Euro to EU countries (and intra-UK) can even be carried out same day
• Initiate payments from your branch or office PC using NatWest Bankline Payment Manager (you will need the International Payment module.)

How to make a payment

To speed things up it helps if you can provide us with the following information:

• The currency you want the payment to be in
• The name of the person to whom the money is being sent
• The full name of their bank
• Their bank address and sort code or SWIFT BIC code (unique identifier code).
• For Payments to Europe, you must provide us with the beneficiary's IBAN and beneficiary's bank SWIFT BIC address.
• Their account number - IBAN (International Bank Account Number)
• Which charges you will be paying

Cost

• We charge £27 per payment. The overseas bank will also make a charge. You can choose to pay all the charges; to pay only our charges; or to have the recipient pay all the charges. You can also send extra information with the payment

International payments comprise both cross-border payments, whether in sterling or currency, and currency payments within the UK.