Lloyds international transfers

Learn how you can use Lloyds Bank international money transfers service to send money abroad quickly and conveniently.

Lloyds Bank offers fast and simple international money transfers to almost anywhere in the world. The service is available 24 hours a day, 7 days a week and allows you to send up to £100,000 within a matter of minutes. You also have the option of sending money overseas from the convenience of a Lloyds branch or over the phone.

No reviews yet. Write a review

£0

Fees (Pay by Bank Transfer)

£100

Minimum Transfer Amount

Details

Product NameLloyds Bank
Minimum Transfer Amount£100
Pay ByCredit card, Debit card, Bank transfer
Receiving OptionsCash pickup location, Bank account, Mobile wallet, Home delivery
Customer ServicePhone, Email, In person
Available CurrenciesAUD, CAD, CHF, CNY, DKK, EUR, HKD, JPY, NOK, NZD, SEK, USD, ZAR
Bank Account Required?No
Personal Account Manager?Yes

Beat the banks

We’ve tested the amounts a bank will give you against an average money transfer company, and the results could net you big savings. A £10,000 transfer to Denmark with a money transfer company would save DKK 1,647 compared to a bank.

Why is this? Some banks charge up to £25 extra, which may be shown to you as a sum of small charges made of percentages and absolute fees. On top of this, there’s a hidden charge – the margin on the exchange rate. Money transfer companies tend to have much lower rates than banks and are generally a better option for sending money abroad. Don’t believe us? See our table below.

Amount received for £10,000
EURUSDAUD
Global Reach Global Reach€11,304 EUR (save €737)$12,813 USD (save $263)$16,164 AUD (save $332)
lloyds2 Lloyds€10,567 EUR$12,550 USD$15,832 AUD

Compare Lloyds Bank to other international money transfer options

Table: sorted by promoted deals first
Our table below lets you compare the services you can use to send money abroad. Choose if you want to send under or over £10,000, and you’ll be shown a list of services that can help you.
Name Product Filter Values Fastest Transfer Speed Fees (Pay by Bank Transfer) Learn More
Wise (TransferWise) for large transfers
Within an hour
From £3.75

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
TorFX
24 hours
£0

View details
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Central FX
24 hours
£0

View details
Central FX's dedicated team will guide you or your business from first call to final payment.
Currencies Direct
Within an hour
£0

View details
CurrenciesDirect makes transferring money abroad simple with bank-beating exchange rates.
CurrencyTransfer
24 hours
£0

View details
CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace.
XE Money Transfer
Within minutes
£2
SPECIAL OFFER ✓ £25 Amazon voucher when you refer a friend

View details
XE has fast transfers with low fees and a range of foreign currency tools.
Wise (TransferWise)
Within an hour
From £3.75

View details
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
CurrencyFair
24 hours
€3
SPECIAL OFFER ✓ Zero fees on your first 10 transfers

View details
CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Azimo
Within minutes
From £0.99
SPECIAL OFFER ✓ First two transfers free for new customers.

View details
New customers use code AZIMO50 to get GBP 5 off when you transfer GBP 50+. Valid till 31 October 2021. T&Cs apply.
Azimo sends money directly to a bank account or over 280,000 cash pick-up points. It also has fast transfers to 50+ countries.
Remitly
Within minutes
From £1.49
SPECIAL OFFER ✓ Free transfers and better exchange rates for new customers

View details
Remitly has quick, affordable transfers around the world, with both express and economy options.
WorldRemit
Within an hour
From £1.99
SPECIAL OFFER ✓ Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.

View details
Send money to Cameroon with zero fees. Valid till 20 October 2021. T&Cs apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
loading

Compare up to 4 providers

Lloyds exchange rates

Lloyds offers immediate conversion from one currency to another at the current exchange rate for customers.

To view Lloyds’ exchange rate for your transfer destination, login to your internet banking account and enter the details of your transfer. You’ll be able to review the details of your transaction, including the exchange rate that will apply, before you commit to the transfer.

Back to top

How much does it cost to transfer money with Lloyds?

Lloyds charge £9.50 to make international payments from your account, although it is free if you are transferring money into another Lloyds account or transferring euro.

Back to top

Minimum transfer amount and available countries

There is currently no minimum limit, but there is a maximum transfer amount of £100,000 per transaction.

As a ‘Big 4’ bank, Lloyds offers transfers to bank accounts all around the world. For a full list of where you can send funds, contact Lloyds Bank.

Back to top

What types of transfers can you carry out with Lloyds?

Lloyds offers the following transfer options when you want to send money to an overseas bank account:

  • One-off transfers. This allows you to send money overseas quickly and conveniently.
  • Repeated payments. You can make use of this transfer option when sending money to the same person, a family member for example, multiple times.

If you ever need help regarding Lloyds international money transfers, a selection of frequently asked questions and answers can be accessed through the bank’s website. Phone support is available 24/7, or you can pop into your nearest Lloyds branch for assistance.

Back to top

The registration and transfer process

You’ll need to be a Lloyds Bank account holder in order to send money overseas, so make sure you take a look at all the banking services available from Lloyds to decide if they meet your needs.

To send an online transfer, login to your Lloyds Internet Banking account. You can then navigate to the account from which you want to make the payment and click on ‘Send Money Overseas‘.

Next, enter the details of your payment, including:

  • the recipient’s name and address (exact full name or company name)
  • the recipient’s IBAN (International Bank Account Number) or account number
  • the name and address of recipient’s bank – including the BIC (Business Identifier Code) / SWIFT code / clearing code
  • The amount you wish to send

The final step is to review and confirm the details of your transfer.

The number you need to call to send a phone transfer depends on your account type, while you’ll need to take photo ID and your beneficiary’s details with you if you want to send a payment from a Lloyds Bank branch.

What are the pros and cons of using Lloyds?

Pros

  • Choice of transfer methods. You can place a transfer online through your internet banking account, over the phone or by visiting a Lloyds branch.
  • Secure and convenient. Sending an international money transfer with Lloyds gives you the security and peace of mind of dealing with a trusted global financial institution, plus HSBC customers will already have an account set up and will not have to go through a registration process to access the service.

Cons

  • Some charges apply. Transaction fees apply to all transfers to non-Lloyd accounts, and the exchange rate will usually be significantly worse than a specialist money transfer company.

What other products and services does Lloyds offer?

As a global financial institution, HSBC offers an extensive range of banking products and services to its customers. In terms of international banking it offers the following:

  • Investment services You can manage portfolios and make investments, with the help of a personal adviser, to help you achieve your goals and aspirations
  • Travel money. Lloyds allows you to order your travel money online and take advantage of free next-day delivery.
  • Mortgages and loans. You can get loans from Lloyds to help you when buying a home or need some extra cash.

Frequently asked questions


If you’re impressed with the features offered by Lloyds’ international money transfer service, make sure to compare it with the options available from other money transfer providers. Taking the time to weigh up your options will ensure that you can find the right solution to your transfer problems.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site