International Payments
Making one-off or regular bank transfers overseas? Our International Payments service is a fee-free, easy and safe way to transfer your money between UK and overseas bank accounts.
- What is the minimum amount I can transfer?
- Is the service completely free?
- How do I register for International Payments?
- Using the International Payments Service
- Security
- Regular payments
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What is the minimum amount I can transfer?
The minimum transfer is £250.
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Is the service completely free?
Using our service won’t cost you a penny. We guarantee no transfer charges, no commission fees and no overseas bank receiving fees. If you’re charged we’ll arrange a full refund.
Using a credit card
If you use a credit card to pay for the transfer, your credit card company may charge you a cash handling fee of 1.5%. Using a debit card costs you nothing.Paying by electronic transfer
This service from your bank is usually free – unless you need guaranteed same-day delivery. Some banks will charge you £20-£25 for guaranteed same-day transfers by CHAPS. -
How do I register for International Payments?
The quickest way to register is online – it takes just 10 minutes. You will need:
- address(es) for the last 3 years
- passport or driving licence details
You can also register:
- by phone on 0800 180 4703, 9am-6pm Monday to Friday
- by fax or post – for an application form call 0800 180 4703, 9am-6pm Monday to Friday
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Security
Post Office International Payments service is provided by HiFX PLC.
HiFX PLC is authorised by the Financial Services Authority under the Payment Services Regulations 2009, registration 462444, for the provision of payment servicesHiFX PLC is also a registered MSB with HM Revenue & Customs - reg no: 12131222.
Online Security HiFX Online uses VeriSign – the system preferred by 97% of the World’s top 100 banks and 93% of Fortune 500 companies. VeriSign is also used billions of times a day by companies and consumers across the World.
Security of Funds
When buying or selling currency with us, your funds are held either in pooled client trust bank accounts or are held at one of our counterparty brokers as cash in transit or collateral to meet our obligations relating to clients’ trades. Funds can be used to fulfil the contractual obligations of our clients but will never be anywhere other than, in the segregated client accounts, with our banking counterparties or in transit i.e. being sent.