Natwest Money Transfer

Natwest offer 4 different ways of sending money abroad. As with many of the UK leading high street banks you are required to hold a current account with this bank in order to use their international payment facilities. Whether you are planning to buy an overseas property, emigrating, paying a bill or making an overseas payment for another reason, Natwest will ensure your money reaches your beneficiaries account successfully.

Main Features

• Personal and Business services available
• Various money transfer methods available to suit your needs
• Regulated by the Financial Services Authority
• High street presence
• Recognised brand

Transactions

In order to carry out an international transaction with Natwest you must have a current account with them. Natwest offer a wide range of money transfer methods which include:

• Relay – Available if you are planning to send up to £2,000 in another currency either in one single or regular payment. Only available if you are sending funds to Australia, Canada, New Zealand, South Africa or the USA. Transactions generally take up to 5 working days using this method and will cost you £10.
• Standard – Available for any amount to any country in any currency. Transactions will take up to 4 working days to reach your beneficiary account and if you are planning to send Euro’s into Europe a standard transaction will cost you £10, non-Euro transactions into Europe will cost £20 as will any other standard transaction in any currency to any other place in the world.
• Urgent – The same as the standard option only faster. Transfers will arrive in your beneficiary account within 1-2 working days. There is a flat fee of £27 for using this method.
• Foreign Draft – Suitable for single payments, this method is sent via post so is not as secure as the electronic methods. You will pay £8 for a draft up to £100 or £18 for any draft above £100.

Compare the features of Natwest against other UK leading money transfer firms in our easy-to-use comparison table here.