Docs

United Kingdom

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in Pound Sterling (GBP) and Euro (EUR).
Supported beneficiary account type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed. (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Faster Payments (FPS), if beneficiary banks do not support FPS, it will be rejected.
Area availabilityRelated countries offered under SEPA POUND
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
· When inserting the IBAN account number, please ensure that the sort code is compatible with Faster Payments Service (FPS)
· The sort code in the IBAN account number can be found in the middle, of the entire account number. It is the 6 digits right after the Bank Code. Please refer to the example below, and take note of the bolded text:
GB15HBUK40127612345678
· You can check if your sort code is valid by visiting the following website: https://newseventsinsights.wearepay.uk/sort-code-checker
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction GBP 999,999
Minimum per Transaction GBP 1.00
Compliance accumulated limit GBP 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks1. Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.

2. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

3. List of United Kingdom supported bank can be refer via the link: https://www.wearepay.uk/what-we-do/payment-systems/faster-payment-system/payment-system-participant-list/

4. There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks

5. When sending to United Kingdom (GBP), Beneficiary Postcode (bPostCode) must be valid, and consist of the correct outward codes and inward codes.

· Outward codes are:
- 2 - 4 characters long
- Always begins with a letter
- May end with a number or a letter
- Examples of outward codes include:
a) L1
b) W1A
c) RH1
d) RH10
e) SE1P

· Inward codes are:
- Exactly 3 characters long
- Always begins with a number
- Examples of inward codes include:
a) 0NY
b) 7GZ
c) 7HF
d) 8JQ

· Altogether, a complete UK Postcode should like the following:
a) L1 0NY
b) W1A 7GZ
c) RH1 7HF
d) RH10 7FH
e) SE1P 8JQ

· Please refer to the following link for further information regarding the correct postcode format, as well as a full list of valid UK outward and inward codes: https://ideal-postcodes.co.uk/guides/uk-postcode-format
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer code
1SEPA UNITED KINGDOM PAYOUT (EUR)440001
2SEPA UNITED KINGDOM PAYOUT (GBP)440002
3SEPA GIBRALTAR PAYOUT (EUR)350001
4SEPA ISLE OF MAN PAYOUT (EUR)440003
5SEPA JERSEY PAYOUT (EUR)440004
6SEPA GUERNSEY PAYOUT (EUR)441181

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Pound Sterling (GBP).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for GBP transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next United Kingdom business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Related countries offered under SEPA POUND
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (EUR)GBP 45,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or GBP).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Code

NoNameSwift Code
1123 DEX LTDAWAXGB21
21776 RIVERBANK LTDRIVEGB21
31ST ALLIANCE (AYRSHIRE) CREDIT UNIOAARUGB21
41ST CLASS CREDIT UNION LIMITEDCLTUGB21
51ST CONTACT MONEY LTDCOYOGB21
62020410 LIMITEDPANTGB21
72CG LIMITEDTGCLGB21
82PAY LIMITEDPYTDGB22
93I INVESTMENTS PLCIIIGGB22
103S MONEY CLUB LIMITEDMOLUGB22
113S MONEY CLUB LIMITEDMOLUGB42
123S MONEY CLUB LIMITEDMOLUGB55
134 SHIRES ASSET MANAGEMENT LTDSHEMGB21
146TOWNS CREDIT UNIONTOCUGB21
15A N EXPRESS LIMITEDANEXGB22
16A PLACE IN THE SUN CURRENCYCUIXGB21
17A PLACE IN THE SUN CURRENCY LTDPLSRGB22
18A PLUS PAYMENT SOLUTIONS LIMITEDPPASGB22
19A VARTAN LIMITEDVARTGB21
20A.M. BEST EUROPERATING SERVICES LIMBEECGB21
21AAF LIMITEDAFFLGB22
22AAVE HOLDINGS LIMITEDAAVEGB32
23AB INBEV HOLDINGS LIMITEDSABMGB2L
24ABACUSABUSGB21
25ABBEY LIFEABBEGB21
26ABBEY STOCKBROKERS LIMITEDCIDEGB21
27ABC INTERNATIONAL BANK PLCABCEGB2L
28ABERDEEN ASSET INVESTMENTS LIMITEDABAVGB21
29ABERDEEN ASSET MANAGERS LIMITEDAPILGB21
30ABERDEEN ASSET MANAGERS LIMITEDABSNGB21
31ABERDEEN ASSET MANAGERS LIMITEDABPIGB21
32ABERDEEN ASSET MANAGERS LIMITEDMJPIGB21
33ABERDEEN ASSET MANAGERS LIMITEDDAMIGB21
34ABERDEEN INVESTMENT SOLUTIONS LIMITHSAGGB21
35ABERDEEN STANDARD CAPITAL (CI) LIMINEFAJEH1
36ABERDEEN STANDARD FUND MANAGERS LIMAUTSGB21
37ABERDEEN STANDARD INVESTMENT LIFE ADAMEGB21
38ABERFORTH PARTNERS LLPABUTGB21
39ABERFORTH UNIT TRUST MANAGERS LIMITAURMGB21
40ABF INVESTMENTS PLCABFDGB2L
41ABF INVESTMENTS PLCABFDGB22
42ABG SUNDAL COLLIER LIMITEDABECGB21
43ABINGWORTH MANAGEMENT LIMITEDABMNGB21
44ABN AMRO BANK N.V. UK BRANCH (FORMEFTSBGB2L
45ABN AMRO CLEARING LONDON LIMITEDAACDGB21
46ABN AMRO MARKETS (UK) LIMITEDMHFTGB21
47ABRAXAS CAPITAL MANAGEMENT LIMITEDABRXGB22
48ACCESS FINANCIAL ANALYTICS LTDAFNCGB22
49ACCURO TRUST (JERSEY) LTDACTWJESH
50ACE UNION LIMITEDACUIGB22
51ACG ADVISORS (UK) LLPACVPGB21
52ACM GROUP LIMITEDACGUGB21
53ACPI INVESTMENTS LIMITEDTRIAGB21
54ACPI INVESTMENTS LIMITEDACNNGB21
55ACTINVEST CORPORATION LIMITEDACCPGB21
56ACTINVEST GROUP LIMITEDACGRGB21
57ACTIVTRADES PLCACTDGB2L
58ACTIVUS WEALTH LIMITEDACWEGB21
59AD FINANCIAL GROUP LTDFNGRGB22
60ADAM AND COMPANY INVESTMENT MANAGEMACIMGB21
61ADAM SMITH LIMITEDADSMGB21
62ADELPHI CAPITAL LLPADPLGB21
63ADELPHI CAPITAL MANAGEMENT LIMITEDADCPGB21
64ADG CAPITAL MANAGEMENT LLPACNPGB21
65ADG MARKET MAKING LLPAMMLGB21
66ADG SECURITIES LLPADEPGB21
67ADG TRADING LLPADTLGB21
68ADM INVESTOR SERVICES INTERNATIONALAISIGB2L
69ADMIRAL MARKETS UK LIMITEDADMAGB21
70ADS SECURITIES LONDON LIMITEDADSNGB21
71ADVANCED MARKETING ON THE INTERNETADMNGB21
72ADVANCED PAYMENT SOLUTIONS LIMITEDAPSFGB21
73ADVENT CAPITAL MANAGEMENTADCGGB21
74ADVENT INTERNATIONAL LTDADVIGB21
75ADVICORP PUBLIC LIMITED COMPANYADVCGB21
76ADVISING FINANCIAL COMPANY LTDADFCGB21
77ADYEN N.V. (LONDON BRANCH)ADYBGB22
78AEA INVESTORS MANAGEMENT (UK) LTDAEIEGB21
79AEGIS CORPORATE STRATEGY LTDAECSGB21
80AEGON INVESTMENT SOLUTIONS LIMITEDAEIOGB21
81AEGON UK CORPORATE SERVICES LIMITEDAECVGB21
82AELORIA LIMITEDAELOGB22
83AEW GLOBAL UK LIMITEDCUGPGB21
84AFEX OFFSHORE LIMITEDAFEEJESH
85AFFINITURE CARDS LIMITEDAFCSGB22
86AFH INDEPENDENT FINANCIAL SERVICESAFWAGB21
87AFIM LIMITEDAFIMGB21
88AFREN PLCAFREGB21
89AFRIEXCHANGE LIMITEDAFRXGB21