Create International draft

    1. On your Payment management page, click Create payment to display the Create payment screen.

      Create payments

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

      If you want to create a freeform payment select International draft from the drop down list in Payment type.

      International draft debit
        
    2. Click Continue to enter the payment’s details.
    3. In the Debit account information section:
      • Account number – 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.
      • Debit account reference (optional) – Enter a reference to identify this payment in your statement.
      • Account name – The name of the registered account. This field will be pre-populated once you select the account number.
      • Friendly name – The name of the account used to identify it in Commercial Banking Online. This field will be pre-populated when the account number is selected.
       
    4. In the Beneficiary Details Section Information section
      • Beneficiary name – Enter the name of the beneficiary or click Search icon to search for and select a beneficiary from the Beneficiary Library.
      • Address – Enter the address of the beneficiary+
      • Cheque drawn on – Enter the country where the draft will be drawn. Options in this will be driven by the currency that you select for your credit amount. After changing your currency code return to this box to verify that the country is correct.
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      For your security, check the details of the beneficiary name and address before continuing.



      International Draft Bene

      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 is required to have a separate approval by another user.

    5. The layout of the Payment details section will depend on whether the Debit Account and International Draft are in the same currency:

      If Debit Account and International Draft are the same currency:

      IAT payment

      • Credit amount – enter the amount you want to make the draft out to.
      • Currency code – select the currency of the draft. After changing the currency code return to the Cheque drawn on box above and ensure the correct country is selected.
      • Value date – the date the money will arrive in the credit account.
      • Transaction date – the date the payment will be made, this will automatically populate when you select a value date.
      If Debit Account and International Draft are different currencies:

      International Payment Details Different

      • Select whether you want to specify the debit amount or credit amount for the transaction. If you select Credit, the credit amount is mandatory; if you choose Debit, the debit amount is mandatory. The other amount is optional:
        • Credit amount – enter the amount you want to transfer in the currency of the credit account. This will be indicated in the Currency code box.
        • Debit amount– enter the amount you want to transfer in the currency of the debit account. This will be indicated in the Currency code box.
        • 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
        • Charges – Select how the transfer charges are to be applied:
          • BEN – (beneficiary) transfer charges are paid by the beneficiary.
          • SHA – (shared) charges are split between you and the beneficiary.
          • OUR – transfer charges are paid from your account.
           
        • FX contract ID – If you have pre-booked a foreign exchange rate, enter the deal reference number and agreed foreign exchange rate below.
        • Exchange rate – if you have pre-booked a foreign exchange rate then enter the rate here, if not then this box will display a ‘To be defined’ message and provide you with an indicative amount and rate for the transaction. Once you have submitted the payment you will have to get an FX rate.
         
       
    6. Originator
      • This contains your account information which will be automatically added when you choose your account in the Debit account information section.
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      For your security, we recommend that you check the beneficiary details are correct before submitting the payment.

    7. When you’re ready, submit the payment for approval.

      If you’re not ready to submit the payment yet, save the payment 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.

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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.