Service Detail: International Receipts
How to send money to a Bank of St. Helena account
As a result of its arrangement with Lloyds TSB Bank in the UK, Bank of St. Helena can offer a fast, efficient and cheap method of transferring money from anywhere in the world to any Bank of St. Helena account.
Irrespective of where you are and the currency of your local account, sending money to a Bank of St. Helena account follows the same process:
You send funds to a Sterling (GBP) account held at Lloyds TSB Bank in London, UK (details below);
You notify Bank of St. Helena (see the contacts page for how) and provide the amount and the name/number of the Bank of St. Helena account to which you want the funds credited (this can be your account, or that of anyone you want to pay who has an account at Bank of St. Helena);
Lloyds TSB Bank notifies Bank of St. Helena when the funds arrive;
Bank of St. Helena credits the account you specified.
Please note:
Make sure your bank understands that they are required to send funds to a UK bank account in the name of Bank of St. Helena.
From the UK this is a domestic transfer, not an international one.
Timing
If you are sending money from another UK bank, your transfer to Lloyds TSB Bank may take 2-3 working days. Once the funds are received at Bank of St. Helena's Lloyds TSB Bank account, we will credit them to the Bank of St. Helena account on the same or the next working day.
If you are sending money from elsewhere in the world you must ask your local bank to advise you on the speed with which they can get funds to London. If the payment is urgent please ask them for express transfer (for which you must expect them to make an additional charge).
Fees
You must ask your local bank for information about their fees and charges for sending funds to a Lloyds TSB Bank account in London. From another UK bank account this would normally be free.
If sending funds in a currency other that Sterling (GBP) there may be additional deductions for currency conversion.
Once the funds are received into Bank of St. Helena's account the remainder of the process is (currently) free.
Bank of St. Helena's UK account details
To use this service, simply ask your bankers to make a payment to Bank of St. Helena's Lloyds TSB Bank bank account in London, with details as below:
Receiving Bank: | Lloyds TSB Bank, 39 Threadneedle Street, LONDON, EC2R 8AU, UK |
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UK Sort-Code: | 30-00-09 |
Beneficiary Account Name: | Bank of St. Helena |
Beneficiary Account Number: | 02936318 |
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Payee Reference: | The destination Bank of St. Helena account number and name |
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BIC Code: | LOYD GB 21013 |
IBAN Code: | GB29 LOYD 300009 02936318 |
It is advisable not to mention that the funds are for onward transmission to St. Helena, as this can cause confusion at your sending bank.
Non-St. Helena Pound Receipts
Bank of St. Helena does maintain accounts in some other world currencies, but does not advise the use of these for International Receipts into a Bank of St. Helena account due to the high charges involved. However, if you need to receive funds in US Dollars (USD); euro (EUR) or South African Rand (ZAR) which you do not want converted to St. Helena Pounds (SHP) please contact us for information on how this can be achieved.
Eligible Accounts
International Receipts can be made into any type of account.
Printable Version
You can download a printable version of these instructions (in PDF format) by clicking here or from the documents section.
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