UK Sterling (GBP)

Overview

Payment type Priority Regular
Cut off time (UK Time) 4:30 pm 3:30 pm
Delivery time frame 0 days 0 days
Maximum payment size No limit £250,000
Payment Scheme SWIFT Faster Payments Service (FPS)
Destination countries Any (except sanctioned) United Kingdom, Gibraltar, Guernsey, Isle of Man, Jersey
Traces Yes No
Recalls Yes No
Ultimate payer displayed? Yes No

Required details:

Regular payment

Field Individual Company Permitted Data Notes
Beneficiary Entity Type ‘individual’ or ‘company’ only
Beneficiary First Name 1-255 characters*
Beneficiary Last Name 1-255 characters*
Beneficiary Company Name 1-255 characters*
Account Number 8 digits
Sort Code 6 digits
Payment Currency 3 letter ISO currency code
Payment Amount Numeric amount
Payment Reference 1-255 characters* The scheme only supports 18 alphanumeric characters. The reference field will be truncated to fit this limit.
Payment Reason 1-255 characters*
Payer Entity Type ‘individual’ or ‘company’ only
Payer First Name 1-255 characters*
Payer Last Name 1-255 characters*
Payer Company Name 1-255 characters*
Payer Address 1-255 characters*
Payer City 1-255 characters*
Payer Country 2 letter ISO country code
Payer Date of Birth ISO 8601 format (YYYY-MM-DD).

* Please note that non ASCII characters will be transformed to ASCII equivalent or removed on a best endeavours basis in order to comply with the restrictions of the domestic payment scheme.

Priority payment

Field Individual Company Permitted Data Notes
Beneficiary Entity Type ‘individual’ or ‘company’ only
Beneficiary First Name 1-255 characters*
Beneficiary Last Name 1-255 characters*
Beneficiary Company Name 1-255 characters*
Beneficiary Address 1-255 characters*
Beneficiary City 1-255 characters*
Beneficiary Postcode 1-12 characters* Only required when sending payments to Canada, Mexico and the USA.
Beneficiary State or Province 1-255 characters* Only required when sending payments to Canada, Mexico and the USA.
Beneficiary Country 2 letter ISO country code
IBAN 15-34 alphanumeric characters; spaces permitted Account number can be used when sending GBP payments to the United Kingdom, Guernsey, Isle of Man, and Jersey, and all non-IBAN countries. IBAN must be used when sending GBP to all other IBAN countries.
Account Number Varies per destination country Account number can be used when sending GBP payments to the United Kingdom, Guernsey, Isle of Man, and Jersey, and all non-IBAN countries. IBAN must be used when sending GBP to all other IBAN countries.
CLABE 18 digits CLABE must be used instead of account number or IBAN when sending payments in any currency to Mexico. CLABE is the banking standard for the numbering of bank accounts in Mexico (equivalent to the Account Number in other jurisdictions).
BIC SWIFT Valid ISO 9362 SWIFT BIC code; 8 or 11 alphanumeric characters Sort code can be used when sending GBP payments to the United Kingdom, Guernsey, Isle of Man, and Jersey. When sending GBP to any other countries, BIC SWIFT must be used.
Sort Code 6 digits Sort code can be used when sending GBP payments to the United Kingdom, Guernsey, Isle of Man, and Jersey. When sending GBP to any other countries, BIC SWIFT must be used.
Payment Currency 3 letter ISO currency code
Payment Amount Numeric amount
Payment Reference 1-255 characters*
Payment Reason 1-255 characters*
Payer Entity Type ‘individual’ or ‘company’ only
Payer First Name 1-255 characters*
Payer Last Name 1-255 characters*
Payer Company Name 1-255 characters*
Payer Address 1-255 characters*
Payer City 1-255 characters*
Payer Postcode 1-12 characters* Only required when sending payments to Canada, Mexico and the USA.
Payer State or Province 1-255 characters* Only required when sending payments to Canada, Mexico and the USA.
Payer Country 2 letter ISO country code
Payer Date of Birth ISO 8601 format (YYYY-MM-DD).
Payer Identification Type ‘incorporation_number’ only
Payer Identification Value 1-255 characters*
* Please note that non supported characters will be transformed to EBCDIC equivalent or removed on a best endeavours basis in order to comply with the restrictions of the SWIFT payment network. The permitted characters on the SWIFT network are letters, numbers, spaces and the following symbols:
/ – ? : ( ) . , ‘ +