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Co-Operative Existing customers only - Open an account to exchange money - A Co-Operative International bank account available in multiple currencies and will offer better exchange rates and reduced transfer fees if account is opened
The Co-Operative Bank offers a number of solutions for sending money abroad for both business and personal customers. Those who are travelling abroad can easily order foreign currency in a number of different currencies. Those who may not want to take cash can also opt for pre-paid Cash Passport, a MasterCard that is preloaded with the required currency. Money can also be sent abroad easily by customers using their online banking, or phoning customer services.
Business users also have a choice of solutions when sending money abroad. SWIFT is used for a majority of foreign transfers and generally takes between one to four working days to be processed. SEPA is ideal for business users who wish to make a standard payment in Euros to anyone within the Single Euro Payments Area. If a customer has an urgent payment to make in Euros, they can opt for the Real Time Euro Payment which is processed immediately. A US Structured Payment is a low-cost solution for those who send money to the United States of America frequently.
The Co-Operative Bank has solid solutions in place that cover most requirements when transferring funds abroad. Although exchange rates cannot be viewed on the website, customers querying rates can contact customer services for assistance.
Customers will need to hold a Co-operative Bank account to take advantage of the solutions available. An account can be applied for by visiting the website. Customers should retain a copy of any terms and conditions for their records.
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+44(0)3457 212 212
Co-operative Bank p.l.c., P.O. Box 101, 1 Balloon Street,, Greater Manchester,, United Kingdom, M60 4EP
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