Country and currency specific requirements

  • Destination Country

    ISO Country Code

    Rule

         

    United States of America

    USA

    Routing Number for beneficiary bank required.
    Select Other from the drop down Bank Account Type field
    Enter the Beneficiary Account Number
    Select ABA from the Beneficiary Bank Code Type drop down field
    Using the filter option search for the required Beneficiary Bank Code and select 
     

    Canada

    CA

    Full beneficiary name and address must be provided, and must not contain a PO Box number

     

    China

     

    CN

    There are regulatory requirements which must be adhered to before making payments to mainland China and three data requirements must be provided.

    Payment Purpose Code - You will need to select the most appropriate of the following four Purpose of Payment Codes:

     

    Payment  Purpose Code Description

    /TRADE/GOODS

    Cross-border settlement conducted for trade in goods, general merchandise, goods for processing, goods required for repairing, goods procured in ports by carriers, transactions to be settled by letter of credit, bills for collection, payment of import equipment and advanced payment, etc.

    /TRADE/SERVICE

    Cross-border settlement conducted for trade in services, including bill payments, services or fees relating to transportation, construction, financial services, computer and information services, sports, utility bills, legal and medical fees, etc.

    /CURRENT/TRF

    Income and current transfers, remittance of profits, bonus, dividends, tax and scholarships, etc.

    /CAPITAL/TRF  

    Capital account transactions, capital injection, capital reduction, capital payment, direct investment, shareholder’s loan/repayment, funds transfers for foreign direct investment (FDI) and RQFII projects.



    Invoice Number - This will come from your beneficiary in China and they must provide it to you in order for the payment to reach them.

    CNAPS Number - The CNAPS number is the equivalent of a UK domestic sort code and is 12 digits long. The CNAPS number must be entered in the format /CNnnnnnnnnnnnn.

     

    India

     

    IN

    IFSC (Indian Financial System Code) code must be provided

    Indian Rupee must only be sent to India

    Reason for payment must be provided

    Israel

    ILS

    Israel Shekel should not be sent to the State of Palestine (PS)

    Jamaica

    JM

    Full beneficiary name and address must be provided

    Jordan

    JO

    Reason for payment must be provided.

    Lebanon

    LB

    Reason for payment must be provided.

    Mauritius

    MU

    Reason for payment must be provided.

    Mexico

    MX

    18 digit account number must be provided

    South Africa

    SA

    Mandatory ZA code: input in the beneficiary bank code type field

    Select Other from the drop down Bank Account Type field
    Enter the Beneficiary Account Number
    Select ZA from the Beneficiary Bank Code Type drop down field
    Using the filter option search for the required Beneficiary Bank Code and select

     

    Uganda

    UG

    Reason for payment must be provided.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 020 7626 1500.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

We subscribe to the Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.