If you need to make regular international payments – such as utility bills, pension contributions or an overseas mortgage – we can help you do this quickly, easily and cost-effectively. A great way of managing the cost of these payments is to automate them.
The benefits of automating your international money transfers
Automated payments can be made by setting up a Direct Debit from your UK bank account, and agreeing a Regular Payment Plan (RRP) so future funds will be sent to your Spanish account without you needing to arrange anything further.
To control the cost of each payment, you can choose to fix one of the following:
- Fix the Sterling amount sent each payment (with the foreign currency amount being received in your overseas bank varying according to the exchange rate at the time of each payment).
- Fix the foreign currency amount that you receive each payment (with the Sterling amount being debited in the UK varying according to the exchange rate at the time of each payment).
- Fix the exchange rate on all of your future payments.
Online and telephone payments
If you'd rather make ad-hoc international money transfers as and when you need to, you can call your Account Manager and they'll arrange for the payment to be made for you.
Alternatively, you can use our online payment system. Just log on, book an exchange rate and send your currency wherever you need to.
However you choose to send your regular international money transfers, you can be assured that the process will be quick, easy and great value for money.