International Payments – GBP to GBP

What are GBP to GBP International Payments?

With Contis’ API solution, clients can offer their customers the capability to send sterling (GBP) to a beneficiary overseas. The solution relies upon the beneficiary bank being able to receive a payment in sterling.

Senders should check with the beneficiary that their bank can accept an inbound GBP payment before completing the transaction, otherwise the payment may get rejected but the sender will still be charged.

How do GBP to GBP International Payments work?

Contis uses a third party, a payout partner, to make the payment. As part of the transaction the client will need to collect, from the sender, all the details required by the beneficiary bank including:

  • Amount of the transaction
  • Senders name, address, and possibly some identification depending on the country the funds are being sent to
  • Beneficiary’s bank account details, for example BIC, IBAN, Local Account Number, Routing Number
  • Beneficiary’s name and address
  • Name and address of the beneficiary’s bank
  • Reason for the payment
  • Other details may be required, and can be country specific.

Once all of the details have been collected, the total cost of the transaction will be debited form the customers account, and the instruction will be sent to our payout partner.

How long does the payment take to arrive?

The payment will take between 2 and 5 days.  There are a number of factors that impact the timeline, includingthe destination country, whether the beneficiary bank is directly connected to the payment network or whether it uses a correspondent bank or whether the payment needs to be converted from GBP to another currency by either the beneficiary bank, or by a correspondent bank.

Which countries are supported?

Contis can send payments to over 50 countries, all payments assume the sender is based in the UK. If the beneficiary is not based in the UK, then further checks will be required, which may delay the payment.  A list of supported countries can be found here. All GBP to GBP payments are made using the SWIFT network.

Why do I need to provide further details?

International payments can be subject to additional compliance checks, over and above those required for a domestic payment, both Contis and our payout partner will check the payment and may well hold it in order to obtain further detail. If further detail is required, Contis will try and contact the sender to obtain the additional information. If the information cannot be provided, the payment will be cancelled and the funds returned to the senders bank account.

What happens if the beneficiary bank doesn’t accept the payment?

There are a number of reasons the beneficiary bank may not accept the payment, it could be that the account is closed, restricted, or that it cannot receive payments in GBP. In these case, the payment will be returned by the beneficiary bank, this may take several days.

How to implement GBP to GBP international payments

At Contis GBP to GBP international payments are available on a GBP programme.

  • Existing clients should contact their Account Manager to have this facility and feature made available. Contis will need to set up the necessary configuration to allow GBP to GBP International Payments.
  • New clients should contact their Commercial Manager or Client Solution and ask about to GBP International Payments.

Methods of sending funds

All payments will be sent via SWIFT

List of APIs to be used

Dev portal controller Web method name Description
Transfer ListRecipients In case of existing recipients
  •  List all recipients linked to a consumer
  •  Get the RecipientBankReferenceID
GetSpecificRecipient In case of an existing recipient
  •  Get a specific recipient based on RecipientBankReferenceID
AddRecipient To add recipient if the recipient does not exist
  •  Use BankAccountTypeID=2 (International)
  •  TransferTypeID=20 (International urgent)
  • Specify BankAccountHolderName, BankAddress, BankName, BankAccountHolderAddress
  •  Get the RecipientBankReferenceID
BankTransfer Based on the RecipientBankReferenceID
  • RecipientBankReferenceID
  • TransferTypeID=20 (International urgent)

API Process Flow

Create beneficiary

  • Collect country of beneficiary
  • Collect beneficiary account details
  • Collect beneficiary bank name
  • Collect beneficiary bank address
  • Collect beneficiary name
  • Collect beneficiary address
  • Collect beneficiary email address

Create Payment

  • Collect payment reference
  • Collect payment amount
  • Collect senders contact number
  • Collect payment type (will always be Urgent for GBP to GBP)

Confirm

  • Collect confirmation of payment

Countries supported

Country Payment Type Routing Code Type – Regular Payer Identification document Cut off time Delivery time frame Maximum payment size Payment Scheme
Australia Regular BSB Code, Account Number 1:30 PM 2 days No limit AusPayNet
Urgent SWIFT BIC, Account number incorporation_number (Business) 2:00 PM 1 day No limit SWIFT
Bahrain Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Bulgaria Regular 0
8:30 AM 0 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Canada Regular Bank code, Branch code, Account number 1:30 PM 0 days CAD 20,000 Electronic Funds Transfer (EFT)
Urgent SWIFT BIC, Account number incorporation_number (Business) 2:00 PM 0 days No limit SWIFT
China (business only) Regular 0
9:00 AM 1 day No limit SWIFT
Urgent CNAPS, SWIFT BIC, Account Number incorporation_number (Business)



Croatia Regular 0
8:30 AM 0 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Czech Republic Regular 0 8:30 AM 1 day No limit CERTIS
Urgent SWIFT BIC, IBAN incorporation_number (Business) 9:00 AM 0 day No limit SWIFT
Denmark Regular SWIFT BIC, IBAN 8:30 AM 0 day No limit Credit Transfer
Urgent SWIFT BIC, IBAN incorporation_number (Business) 10:30 am 0 day No limit SWIFT
SEPA Countries(EURO) Regular 0 12:30 PM 0 day No limit SEPA Credit Transfer (SCT)
Urgent SWIFT BIC, IBAN incorporation_number (Business) 2:30 PM 0 day No limit SWIFT
Hong Kong Regular Bank code, SWIFT BIC, Account number passport
drivers_license
incorporation_number (Business)
1:30 pm 1 day HKD 500,000 CHATS
Urgent SWIFT BIC, Account number incorporation_number (Business) 2:00 PM 1 day No limit SWIFT
Hungary Regular 0 8:30 AM 0 day No limit Giro Zrt
Urgent SWIFT BIC, IBAN incorporation_number (Business) 9:00 AM 0 day No limit SWIFT
India Regular Bank name, Account number, IFSC 4:30 PM 0 day INR 1,500,000 per beneficiary per day IMPS (up to INR 200,000)
NEFT (over INR 200,000, and for banks not connected to IMPS)
Urgent 0




Indonesia Regular SWIFT BIC, Account number 4:30 PM 0 day IDR 350,000,000 SKN
Urgent 0




Israel Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Japan Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



Kenya Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



Kuwait Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Lithuania Regular SWIFT BIC, IBAN STEP2 only



Urgent 0




Malaysia Regular SWIFT BIC, Account number 4:30 PM 0 day MYR 100,000 IBG
Urgent 0




Mexico Regular SWIFT BIC, CLABE 8:30 AM 1 day No limit SPEI
Urgent SWIFT BIC, CLABE incorporation_number (Business) 9:00 AM 0 day No limit SWIFT
New Zealand Regular 0
2:00 pm 1 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



Norway Regular SWIFT BIC, IBAN
10:30 AM 0 day No limit Credit Transfer
Urgent SWIFT BIC, IBAN incorporation_number (Business) 10:30 AM 0 day No limit SWIFT
Oman Regular 0
2:00 pm 1 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



Philippines Regular SWIFT BIC, Account number drivers_license
social_security_number
green_card
passport
visa
matricula_consular
registro_federal_de_contribuyentes
credential_de_elector
social_insurance_number
citizenship_papers
drivers_license_canadian
existing_credit_card_details
employer_identification_number
national_id
others
incorporation_number (Business)
4:30 pm 0 day PHP 1,300,000 PESONet
Urgent 0




Poland Regular SWIFT BIC, IBAN incorporation_number (Business) 9:30 AM 0 day PLN 150,000 Elixir
Urgent SWIFT BIC, IBAN incorporation_number (Business) 9:30 AM 0 day No limit SWIFT
Qatar Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Romania Regular 0
9:00 AM 0 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Saudi Arabia Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Singapore Regular SWIFT BIC, Account number passport
drivers_license
incorporation_number (Business)
2:00 pm 1 day SGD 150,000 FAST
Urgent SWIFT BIC, Account number incorporation_number (Business) 2:00 pm 1 day No limit SWIFT
South Africa Regular 0
10:30 AM 0 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



Sweden Regular SWIFT BIC, IBAN 10:30 AM 0 day No limit Direct Credit
Urgent SWIFT BIC, IBAN incorporation_number (Business) 10:30 AM 0 day No limit SWIFT
Switzerland Regular 0
10:30am 0 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Thailand Regular 0
9:00 AM 1 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



Turkey Regular 0
9:30 AM 0 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



Uganda Regular 1
9:00 AM 1 day No limit SWIFT
Urgent SWIFT BIC, Account number incorporation_number (Business)



United Kingdom, Isle of Man, Jersey, Guernsey Regular Sort Code, Account Number
3:30 pm 0 day £250,000 Faster Payments Service (FPS)
Urgent Sort Code, Account Number or
SWIFT BIC, IBAN
incorporation_number (Business) 4:30 PM 0 day No limit SWIFT
United Arab Emirates Regular 0
2:00 PM 1 day No limit SWIFT
Urgent SWIFT BIC, IBAN incorporation_number (Business)



USA Regular ABA, Account number 5:10 PM 0 days / 1 day $25,000 for same day (T+0)
$100,000 for next day (T+1)
FedACH
Urgent SWIFT BIC, Account number incorporation_number (Business) 4:30 PM 0 days No limit SWIFT