Create a Non-urgent Euro payment

    1. From the Manage payments section page, select Create payment to go to the Create payment screen.



      If you want to create a payment based on an existing payment, select Create from existing > Individual payment and enter the name of the Euro payment you want to use in the box on the right or clickSearch iconto search for and select the payment you want.

      If you want to create a payment based on an existing template, select Create from existing > Template and enter the name of the Euro payment template you want to use in the box on the right or clickSearch iconto search for and selectthe template you want.

      If you want to create a freeform payment select Euro payment from the drop down list in Payment type.
    2. Select Non-urgent payment.

      Non-urgent Euro payments are sent through a SEPA Credit Transfer and the earliest value date will be the next business day. If you require the same value date you can select an Urgent Euro Payment
    3. Enter the following information in to the fields:
      • From account – Enter the sort code and account number of the account you want to make the payment from or click Search icon to search for and select the account.
      • Friendly name – This shows the name of the account in Commercial Banking Online and will be automatically completed once the account number is entered.
      • Beneficiary name – Enter the name of the beneficiary or click Search icon to search for and select to search for a beneficiary from the Beneficiary Library.
      • Beneficiary IBAN – Enter the beneficiary’s IBAN, this field will be automatically populated if you select a beneficiary from the Beneficiary Library.

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      For your security, please check the beneficiary account details for each payment, even if you are using an existing payment or template.

    4. Click Continue.
    5. Using the information from the previous page most of the payment information will have automatically populated in the payment details. If any of the information is wrong Reset the form and re-enter your payment details.
    6. In the Debit account information details of the account that you are taking the payment from will be displayed. If required you can enter a Debit account reference to identify this payment in your statement.
    7. In the Beneficiary information section the screen is split in to four parts, the two boxes on the left contain information about the beneficiary and the two boxes on the right contain information about the beneficiary’s bank. If required you can amend the Beneficiary name and the Beneficiary address.

      Euro

      If you have access to the Beneficiary Library, you can save the details of any new beneficiaries you add to the payment or save changes you’ve made to existing beneficiaries using the Beneficiary Library section. Any changes to a beneficiary record or new entries to the Beneficiary Library will need to be approved before you can submit the payment.
      • Do not update beneficiary record – Select this option so that existing beneficiary details are not updated, or that new beneficiary details are not added to the Beneficiary Library. This is the default option.
      • Add beneficiary record – Select this option to add the beneficiary details as a new record in the Beneficiary Library. After selecting click Update Beneficiary Library.
      • Update beneficiary record – Select this option to save any changes to an existing beneficiary record in the Beneficiary Library. After selecting click Update Beneficiary Library.

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      For your security, we recommend that any changes to the beneficiary record are required to have a separate approval by another user.

    8. The layout of the Payment details section will depend on whether the Debit and Credit accounts are in the same currency:

      If Debit and Credit accounts are the same currency:


      • Credit amount – enter the amount you want to transfer from the debit account to the credit account.
      • Currency code – the currency of the account, this will automatically populate with currency of your accounts.
      • Value date – the date the money will arrive in the credit account. Click Calendar icon(1) to select the date you want the transaction to take place.
      • Transaction date – the date the payment will be made, this will automatically populate when you select a value date.

      If Debit and Credit accounts are different currencies:


      If Debit and Credit accounts are different currencies:

      Please note Credit is the current available option.
      • Credit amount :– enter the amount you want to transfer in the currency of the credit account. This will be indicated in the corresponding Currency code box.
      • Value date: – the date the money will arrive in the credit account. Click to select the date you want the transaction to take place.
      • Transaction date: – the date the payment will be made, this will automatically populate when you select a value date.
      • Charges: – Charges for Euro payments can only be set to SHA where the charges will be split between you and the Beneficiary.
      • FX Contract ID field :– If you have a pre-booked FX deal enter the FX reference number here. The reference number must be in the correct format and start with B, F or X followed by 10 digits. This will then open a new box to let you to enter your Exchange Rate.

      Foreign Exchange Rates:

      Any Euro payment that needs to be converted to another currency must have a rate of exchange applied before it is submitted to the bank. To apply a rate you will need to have a Role with the Get Rate entitlement.

      If you are not using a pre-booked rate you’ll need to get an FX rate after the payment has been fully approved but before it is submitted to the bank. You can apply a rate in a the following ways:


      Future-dated payments

      A future-dated payment that requires a currency conversion can only have the rate of exchange applied on value date of the payment.

      Future-dated payments are shown on the Payment Management screen will appear in the Needs Rate Payments view on the payment’s value date.

      You can also set-up a payment alert to tell you when a future-dated payment is ready to have a rate applied. On the value date you will receive a Notification in your Notifications bar which, if selected will take you to the Needs Rate Payments screen. You can also go to the Payment Management screen and select Needs Rate Payments option from the View dropdown box.

    9. The Additional Information section allows you to add more details to help identify the payment and the creditor.

      Instructions

      Instructions 
      The instructions section allows you to enter a Beneficiary Reference for the payment.

      You can choose whether the Beneficiary Reference should be:
      • Unstructured – This allows you to enter the Beneficiary reference in up to four lines of Beneficiary Reference.
      • Structured - This allows you to enter an Issuer and a Reference up to 35 characters long.

      Originator

       OriginatorOriginator

      In the Originator section you can add more details about the organisation that is making the payment by selecting an ID Type and filling in the relevant fields:

        ID Type    
        BIC   Enter the BIC code for the originator in the ID field.
        Freeform   Select if you want to enter in your own values to identify the originator.

      If you choose Freeform you must enter an ID number. You can also give more information about the type of identification you have provided in Proprietary and the Issuer.
        ARNU   Select if you want to use an Alien Registration number to identify the originator. If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        CCPT   Select if you want to use a Passport number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        CUST   Select if you want to use a Customer Identification number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        DRLC   Select if you want to use a Drivers Licence number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        EMPL   Select if you want to use an Employee Identification number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        NIDN   Select if you want to use a National Identity number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        SOSE   Select if you want to use a Social Security number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.
        TXID   Select if you want to use a Tax Identification number to identify the originator.

      If you choose this option you must enter the ID number. You can also provide the issuing authority in Issuer.

      The name and address of the originator are automatically added to Originator section when you provide the Debit Account details above.

      Category of Purpose

       Category of purpose

      In the Category of Purpose section you can provide information about the high-level purpose of the payment. You can either supply a standard code or enter your own value
      • Type – Select Code or Proprietary from the drop down.
        • Code – If you chose Code you can select a category of purpose code from the dropdown.
        • Proprietary – If you chose Proprietary you can enter your own category of purpose as you’ve agreed it with the Beneficiary.
         

      Creditor

      Creditor 

      The Creditor section allows you the option to add more information about the organisation or person that is receiving the payment. If you choose to add information about a creditor, select a Type and fill in the relevant fields.

        Type    
        BIC   Enter the BIC code for the creditor in the Identification field.
        Organisation Code   Select if the creditor is an organisation or company, and you want to use an organisation code to identify them.

      If you choose Organisation Code you must select a Code and enter Identification. You can also provide the name of the issuing authority in Issuer.
        Organisation Freeform   Select if the creditor is an organisation or company, and you want to enter in your own values to identify them.

      If you choose Organisation Freeform you must enter Identification. You can also give more information about the type of identification you have provided in Proprietary and the name of the Issuer.
        Private Code   Select if the creditor is a private individual, and you want to use a private code to identify them.

      If you choose Private Code you must select a Code from the drop down and enter the appropriate ID number in Identification. You can also provide the name of the issuing authority in Issuer.
        Private Freeform   Select if the creditor is a private individual, and you want to enter in your own values to identify them.

      If you choose Private Freeform you must enter Identification. You can also give more information about the type of identification you have provided in Proprietary and the name of the Issuer.
        Private Date and Place of Birth   Select if the creditor is a private individual and you want to identify them by their date and place of birth.

      If you select Private Date and Place of Birth you will have to complete the following fields
      • Date of Birth in the format DD/MM/YYYY
      • City of Birth
      • Country of Birth
      You can also include details about the County of Birth.

      You can also select a code for the underlying purpose of the creditor payment from the dropdown in Purpose.

      Ultimate Creditor

       Ultimate Creditor


      If the creditor isn’t the end destination of the payment you can use the Ultimate creditor section to add details about the final recipient.

      The fields that you should complete will depend on Type you select:

        Type    
        BIC   Enter the BIC code for the ultimate creditor in the Identification field.
        Organisation Code   Select if the ultimate creditor is an organisation or company, and you want to use an organisation code to identify them.

      If you choose Organisation Code you must select a Code and enter Identification. You should also provide the name of the issuing authority in Issuer.
        Organisation Freeform   Select if the ultimate creditor is an organisation or company, and you want to enter in your own values to identify them.

      If you choose Organisation Freeform you must enter Identification. You can also give more information about the type of identification you have provided in Proprietary and the name of the Issuer.
        Private Code   Select if the ultimate creditor is a private individual, and you want to use a private code to identify them.

      If you choose Private Code you must select a Code from the drop down and enter the appropriate ID number in Identification. You should also provide the name of the issuing authority in Issuer.
        Private Freeform   Select if the ultimate creditor is a private individual, and you want to enter in your own values to identify them.

      If you choose Private Freeform you must enter Identification. You can also give more information about the type of identification you have provided in Proprietary and the name of the Issuer.
        Private Date and Place of Birth   Select if the ultimate creditor is a private individual and you want to identify them by their date and place of birth.

      If you select Private Date and Place of Birth you will have to complete the following fields
      • Date of Birth in the format DD/MM/YYYY
      • City of Birth
      • Country of Birth
      You can also include details about the County of Birth.

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      For your security, we recommend that you check the beneficiary details are correct before submitting the payment.

    10. When you’re ready, submit the payment for approval. Once the payment has been submitted you will see the following ID’s:
      • Client Payment ID – this is an internal payment ID for your own reference
      • Bank Payment ID – this ID will be required by the helpdesk to assist with any queries relating to the payment

      If you’re not ready to submit the payment yet, save the payment as a draft for now.

      If you want to remove all the details you have entered and start the payment again click Reset or click Cancel to return to the Payment management screen.
     

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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.