GBP Transfers (British pound)

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Written by Currencies
Updated 4 months ago

Who can I send GBP to?
What details do I need for the recipient?
How long will it take for my GBP to arrive?
Do you limit the amount of GBP I can send?
How can I pay for my GBP transfer?


Who can I send GBP to?

You can send GBP to:

  • Bank accounts in the UK
  • Bank accounts in the Channel Islands, Isle of Man and Gibraltar
  • Non-UK countries using SWIFT or IBAN

What is a SWIFT code?

What is an IBAN?


What details do I need for the recipient?

This varies by country:

For bank accounts in the UK

  • Name (as it appears on their account)
  • Bank account number (8-digits)
  • Sort code (6-digits)

For bank accounts in The Channel Islands, Isle of Man, and Gibraltar

  • Name (as it appears on their account)
  • IBAN number (GB, followed by a 20-character code)

For bank accounts in non-UK countries that use SWIFT

  • Name (as it appears on their account)
  • SWIFT/BIC code (8-11 numbers and letters)
  • IBAN (two-letter country code, followed by a 20-character code)

How long will it take for my GBP to arrive?

We can transfer your GBP on the same working day if we receive your payment by 16:30.

(Occasionally we might need you to supply additional documents, which can affect the transfer time. But we’ll keep you informed every step of the way.)


Do you limit the amount of GBP I can send?

No. Some FX companies limit the amount of GBP you can send or receive.
We give you the freedom to send as many British pounds as you like.


How can I pay for my GBP transfer?

You can pay by:

  • Bank transfer
  • Debit card
Please note, you can pay by debit card however, the currencies available can vary. If your registered address is in the UK or European Union (EU) you can use debit card to pay us in GBP or EUR. If your registered address is in the USA, you can use debit card to pay us in USD. If you’re not sure about your options, please speak to our team.

In case you were wondering...

What is a SWIFT code?

The SWIFT international payment network is used to send and receive electronic payments (also known as wire payments). It sends payment orders between banks using SWIFT codes, so banks can transfer money quickly, reliably, and securely.

SWIFT code format: AAAA | BB | 11 | 222

AAAA – represents the bank (for example, Barclays is BUKB)

BB – represents the country where the bank is located.

11 – designates location of banks main office.

222 – code for the bank branch.

What is an IBAN? 

IBAN stands for International Bank Account Number.
IBANs make it easier to send or receive funds from overseas. They don’t replace your sort code and account number; they contain extra characters that help overseas banks identify your account. 

What do IBAN numbers look like?
Here’s how an IBAN for a UK bank account might look:

IBAN (electronic format)
B66BUKB98765401234567

IBAN (human-readable format)
GB66 BUKB 9876 5401 2345 67

What is a UK IBAN number made up of?
GB 66 BUKB 987654 01234567

[2-character Country Code]
[2-digit IBAN Checksum]
[4-digit BIC (Bank Identifier Code)]
[6-digitSort Code]
[8-digit Bank Account number]

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