In the United Kingdom (UK), bank transfer is the most commonly used method to transfer money locally. The recipient will received the fund transferred instantly if funds are transferred within the same bank. In the case of money being transferred between a different bank, the recipient will receive the money before the end of next working day.
Bank transfer can be made either by visiting the bank’s branch, through ATM or via internet banking. To make bank transfer locally within UK, you will need the recipient name, bank name, account number and Sort Code corresponding to the recipient bank. Sort Code is a six digits code identifies both the bank, and the branch where the account is held. It is very important to have a correct Sort Code to ensure the recipient received the money as soon as possible.
For international fund transfer to the UK, swift code is also needed on top of recipient name, bank name, account number and sort code corresponding to the recipient bank. International fund transfer to UK may take approximately between 1 to 3 days.
