We make it straightforward for Payment Service Providers (PSPs) and Small to Medium-sized Enterprises (SMEs) to carry out international and UK domestic payments. You may also set up payments you make on a regular basis.

You receive payments into your BFC Bank account from international locations in virtually any currency. To make a payment, you simply pre-define who to pay through the online banking portal, subject to appropriate screening.

View and download BFC Bank’s currency list and payment cut-off times
International payments

An international payment is the transfer of money to or from another country. You may find that other banks typically charge significant fees and foreign exchange (FX) charges for international payments. These charges are not always clear. This can have a big impact on your business.

We have made it easy and cost-effective to make international payments. We offer lower international payment fees and favourable FX spreads to Payment Service Providers (PSPs). We fully disclose our tariffs and are open about our FX charges. 

Inward payments

You receive international and UK domestic payments directly into your BFC Bank current account in virtually any currency. You will get an immediate payment advice with details of the transaction. You can also see payment information online in real-time. Inward payments are secure and made via Swift (Society for Worldwide Interbank Financial Telecommunications), SEPA (Single Euro Payments Area) credit transfer or the Faster Payments Scheme. Our experienced payments team is on hand to support you if you need help.

Outward payments

You make online international and UK domestic payments from any BFC Bank currency current account. You pre-define the payee using the online banking portal, subject to appropriate screening. You make highly secure online payments to worldwide destinations in most major currencies.

Payments in Euros from the UK to most European Countries take one day. Payments to other countries and currencies take between one and five working days, depending on the payment destination. You receive a detailed payment advice immediately after each transaction. Our experienced payments team is on hand if you need any help.

Regular outward payments

It is easy to make regular UK and international payments online from any BFC Bank currency current account to a pre-defined beneficiary. Payments can be in most major currencies to worldwide destinations, in the local currency or one that you select.