A Guide to Making International Payments

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It’s an easy mistake to overlook the complexities of cross-border transactions. In many cases, cross-border transactions can involve more financial institutions and touch points than just the payer’s and receiver’s bank account. Smaller, local banks will often rely on arrangements with larger banks to facilitate cross-currency transactions on their behalf. This can mean that there are multiple banks involved when making an international payment.

Without specialist knowledge, making international payments can be time-consuming and complex and you could end up paying hidden fees, charges and unknown interest rates on each payment.

Download this guide to find out more about what you need in order to make an international payment.