GBP

♦ SWIFT (Wire Transfer)

Delivery Time: Same Day Value

Beneficiary Information

• Full Beneficiary Name

• Beneficiary Country

• Beneficiary Address:  (Zip Code, Street, City, Province or State).

Beneficiary Bank Details

GBP wires can be sent using either of the following details:

Method 1 – SWIFT & IBAN

• Beneficiary Account Number: 22 Alpha numerical digit IBAN.

• Beneficiary Bank BIC / SWIFT Code: 8 or 11 characters.

• Purpose of Payment

Possible Purpose: Advertising Fees, Expense Reimbursement, Financial Services, Legal Services, Medical Reimbursement, Payroll, Processing, Trade Related Services, Transaction between Banks, Transportation Costs, Travel Related Services, Personal, Other.

• Reference: Omipay allows you to submit maximum 50 characters for reference, but the length shown is depend on the beneficiary bank.

Method 2 – Sort Code & Account Number

• Beneficiary Account Number: 8-digits.

• Beneficiary Bank Routing Code: 6-digit Sort Code.

NOTE: For GBP, we cannot have a SWIFT code and an 8 digit account number.

• Purpose of Payment

Possible Purpose: Advertising Fees , Expense Reimbursement , Financial Services , Legal Services , Medical Reimbursement , Payroll , Processing , Trade Related Services , Transaction between Banks , Transportation Costs , Travel Related Services , Personal , Other.

• Reference:Monix allows you to submit maximum 50 characters for reference, but the length shown is depend on the beneficiary bank.

 ♦ Local Settlement

Delivery Time:Two Day Value

Beneficiary Information

• Full Beneficiary Name

• Beneficiary Country

• BeneficiaryAddress:  (Zip Code, Street, City, Province or State).

Beneficiary Bank Details

• Beneficiary Account Number: 8-digits or 22 Alpha numerical digit IBAN.

• Beneficiary Bank Routing Code: 6 -digit Sort Code.

• Beneficiary Bank Country: United Kingdom & Crown Dependencies (Guernsey, Jersey & Isle of Man).

• Purpose of Payment

Possible Purpose: Advertising Fees, Expense Reimbursement, Financial Services, Legal Services, Medical Reimbursement, Payroll, Processing, Trade Related Services, Transaction between Banks, Transportation Costs, Travel Related Services, Personal, Other.

• Reference: Monix allows you to submit maximum 50 characters for reference, but the length shown is depend on the beneficiary bank.

♦  ADDITIONAL CONSIDERATIONS:

Cross boarder payments to the UK (NON-GBP) should always have an IBAN code.