International Business Payments
Send and receive international payments
Make quick and secure payments, whether you’re trading with the United States or United Arab Emirates.
International trade
We’ll help you expand overseas
Whether you’re importing or exporting, starting out or expanding further, we have the tools and services to help your business grow.
We’re with you every step of the way
Safety and security
We’ll help you be more safe and secure while trading overseas
Knowledge and confidence
Our expert International Managers are there to support you at all times.
Tools and discounts
We have a range of valuable discounts to help you save money.
Take your business across the globe
Foreign currency account
What we can offer to you
Reduce your exposure to exchange-rate fluctuations and simplify international payments, whether you’re importing or exporting.
Everything you need to take your business worldwide
Get free insights into local markets and save on costs with exclusive discounts. Plus, tools and services designed to keep your business banking quick and easy.
Importing
Importing could help your business save costs, increase profit and gain a competitive advantage.
Import documentary collections
Make and receive secure payments around the world
A collection is a simple and efficient tool for settling your trade debts. It can be used to make payments of any size and in any freely traded currency.
- Make payments of any value in any freely traded currency
- Payment can be made to your suppliers on their immediate presentation of documents or on a fixed or determinable future date
- You may be able to negotiate a credit period (term bills) by agreeing to use collections
A secure way to pay your suppliers
With a letter of credit, you can pay for the goods you import while covering your trading risks1.
Exporting
Find ways to reach more customers and increase your turnover.
Export documentary collections
An easy way to collect payment for your exported goods
Stay in control of your goods once they’ve been dispatched – so you know you’ll get paid.
- Suitable for collecting payments of any amount and in any freely traded currency
- Payment is requested from your buyer on immediate presentation of the Collection2 or at a fixed or determinable future date
- Reduces the risk of losing title to the goods prior to receiving payment, or an agreement to pay, from your buyer
Export letters of credit
Get paid for exported goods while covering your trade risks
Get a guarantee of payment before you commit to sending goods.
- Conditional payment guarantee issued by your buyer’s bank and advised to you by us
- Asking us to ‘confirm’ the letter gives protection against payment default by the overseas bank or country
- We can provide finance for the period between presentation of documents and the payment-due date
Growing through exports
Does international trading seem too complex and full of obstacles? In association with the Department for Business and Trade, and the Institute of Export and International Trade, we've created a series of videos that help demystify how to trade overseas, so you can grow your business with confidence.
Department for Business and Trade
Exporting for the first time or looking to expand your overseas sales? The Department for Business and Trade has a range of useful tools and guidance for businesses that want to export.