Routing details
Use the information in these tables to find the banking details you need when making transfers from foreign banks and currency into your Standard Bank Isle of Man or Jersey account. Please refer to FAQs below.
Please make sure you give your remitting bank all your details, including your personal account details, which you will find in your welcome letter, bank statement or by logging into Online Banking.
Isle of Man
Details for sending GBP from a UK bank by CHAPS/Faster Payments
| Required | Bank detail | |||
|---|---|---|---|---|
| Bank name | Standard Bank Isle of Man Limited | |||
| Bank address | Standard Bank House, One Circular Road, Isle of Man, IM1 1SB | |||
| Bank sort code | 40-48-52 | |||
| Bank account name | Beneficiary Standard Bank account name | |||
| Bank account number | Beneficiary Standard Bank account number/IBAN | |||
| Reference | If applicable | |||
Correspondent bank details - send SWIFT MT202 payments to:
| Currencies | Correspondent bank name | Correspondent bank address | Correspondent bank SWIFT code |
|---|---|---|---|
| GBP | LLoyds Bank PLC | London | LOYDGB2L |
| EUR | Citibank N.A. | London | CITIGB2L |
| USD | Citibank N.A. | New York | CITIUS33 |
| AED | HSBC Bank Ltd | Middle East | BBMEAEAD |
| AUD | Citibank N.A. | London | CITIGB2L |
| CAD | Citibank N.A. | London | CITIGB2L |
| CHF | Citibank N.A. | London | CITIGB2L |
| DKK | Citibank N.A. | London | CITIGB2L |
| HKD | Citibank N.A. | London | CITIGB2L |
| JPY | Citibank N.A. | London | CITIGB2L |
| NOK | Citibank N.A. | London | CITIGB2L |
| NZD | Citibank N.A. | London | CITIGB2L |
| SEK | Citibank N.A. | London | CITIGB2L |
| SGD | Citibank N.A. | London | CITIGB2L |
| ZAR | Standard Bank | South Africa | SBZAZAJJ |
Beneficiary bank details - send SWIFT MT103 payments to:
| Required | Bank detail | |||
|---|---|---|---|---|
| Bank name | Standard Bank Isle of Man Limited | |||
| Bank address | Standard Bank House, One Circular Road, Isle of Man, IM1 1SB | |||
| SWIFT code | SBICIMDX | |||
| Bank account name | Your Standard Bank account name | |||
| Bank account number/IBAN | Your Standard Bank account number/IBAN | |||
| Reference | If applicable | |||
Please make sure you give your remitting bank all your details, including your personal account details, which you can obtain from your welcome letter, bank statement or by logging into your Internet Banking profile.
Payment cut off times
See the cut-off times for GBP | USD | EUR transfers.
All other currencies will be processed as spot value*, within 2 working days of your request.
*A spot transaction is the exchange of one currency for another currency, fixed immediately in respect of an underlying foreign exchange commitment, at a specified rate, where settlement takes place two business days later.
Jersey
Details for sending GBP from a UK bank by CHAPS/Faster payments
| Required | Bank detail | |||
|---|---|---|---|---|
| Bank name | Standard Bank Jersey Limited | |||
| Bank address | Standard Bank House, 47-49 La Motte Street, St Helier, Jersey, JE2 4SZ | |||
| Bank sort code | 40-52-33 | |||
| Bank account name | Beneficiary Standard Bank account name | |||
| Bank account number | Beneficiary Standard Bank account number/IBAN | |||
| Reference | If applicable | |||
Correspondent bank details - send SWIFT MT202 payments to:
| Currencies | Correspondent bank name | Correspondent bank address | Correspondent bank SWIFT code |
|---|---|---|---|
| GBP | LLoyds Bank PLC | London | LOYDGB2L |
| EUR | Citibank N.A. | London | CITIGB2L |
| USD | Citibank N.A. | New York | CITIUS33 |
| AED | HSBC Bank | Middle East | BBMEAEAD |
| AUD | Citibank N.A. | London | CITIGB2L |
| CAD | Citibank N.A. | London | CITIGB2L |
| CHF | Citibank N.A. | London | CITIGB2L |
| DKK | Citibank N.A. | London | CITIGB2L |
| HKD | Citibank N.A. | London | CITIGB2L |
| JPY | Citibank N.A. | London | CITIGB2L |
| NOK | Citibank N.A. | London | CITIGB2L |
| NZD | Citibank N.A. | London | CITIGB2L |
| SEK | Citibank N.A. | London | CITIGB2L |
| SGD | Citibank N.A. | London | CITIGB2L |
| ZAR | Standard Bank | South Africa | SBZAZAJJ |
Beneficiary bank details - send SWIFT MT103 payments to:
| Required | Bank detail | |||
|---|---|---|---|---|
| Bank name | Standard Bank Jersey Limited | |||
| Bank address | Standard Bank House, 47-49 La Motte Street, St Helier, Jersey JE2 4SZ | |||
| SWIFT code | SBICJESH | |||
| Bank account name | Beneficiary Standard Bank account name | |||
| Bank account number/IBAN | Beneficiary Standard Bank account number/IBAN | |||
| Reference | If applicable | |||
Please make sure you give your remitting bank all your details, including your personal account details, which you can obtain from your welcome letter, bank statement or by logging into your online banking profile.
Payment cut off times
See the cut-off times for GBP | USD | EUR transfers.
All other currencies will be processed as spot value*, within 2 working days of your request.
*A spot transaction is the exchange of one currency for another currency, fixed immediately in respect of an underlying foreign exchange commitment, at a specified rate, where settlement takes place two business days later.
New Inwards Payments Routing Details
What changes are being made and which currencies are impacted?
Our inwards payment routing details are changing from Standard Bank South Africa, to Citi Bank for the following minor currencies:
- AUD – Australian Dollar
- HKD – Hong Kong Dollar
- JPY – Japanese Yen
- NZD – New Zealand Dollar
- SGD – Singapore Dollar
- CHF – Swiss Franc
- DKK – Danish Krone
- NOK – Norwegian Krone
- SEK – Swedish Krona
- CAD – Canadian Dollar
We are also changing our Inwards payment routing details from Lloyds to Citi Bank for:
EUR – Euro
When are they changing?
Monday 18th November 2024
I haven’t received a notification about any changes?
An email will be sent to all clients providing prior notice of these changes and directing you to our website for the new routing details. In addition, we will be notifying all clients via the Online Banking portal.
Why is SBO changing inwards payments routing details?
We are constantly looking to improve our services and ensure we offer reliable and high-quality banking services. From time to time, we change our banking partners as a step towards enhancing our service levels. This change in banking partners has resulted in inwards payments routing details changing to our new partner.
Who are you moving to?
We will be using Citi Bank for minor currencies and EUR.
Why are you not moving all currencies to Citi?
We are still using current providers to minimise disruption for:
- GBP - British Pound Sterling
- USD - United States Doller
- AED - United Arab Emirates Dirham
- ZAR - South African Rand
How will this impact me?
We are changing the way we receive payments into your account.
For inward payments, this means that you need to take action to ensure that any payments you or others send to your Standard Bank Offshore account are updated with the new payment routing details to prevent a delay in them being received.
For outward payments you make from your Standard Bank Offshore account, you do not need to change anything and there is no change in the charges to you.
What will change when I send money into my account?
Please quote the new routing information and provide this to any third parties who might send money to you. This will affect regular payments as well as one-off payments sent to your account. Full details are available on our website and in the leaflet provided.
For which currencies will I need to use the new payment details when I make an inward payment?
Any inward payments you make to your Standard Bank Offshore account, in the currencies below, will need to be routed with the new routing details.
- EUR – Euro
- AUD – Australian Dollar
- HKD – Hong Kong Dollar
- JPY – Japanese Yen
- NZD – New Zealand Dollar
- SGD – Singapore Dollar
- CHF – Swiss Franc
- DKK – Danish Krone
- NOK – Norwegian Krone
- SEK – Swedish Krona
- CAD – Canadian Dollar
Will this change the time scales for processing payments?
There are no changes to cut off times.
Can I continue to make the same payments as before, in all different currencies?
Yes.
I have a Professional Demand Account (PRDA), will I have to pay these fees?
No, we have made a special arrangement with our correspondent banks so you will not be charged a correspondent bank fee.
When making a payment through Internet Banking or the mobile app, remember to select the charge type ‘Remitter’.
I used the wrong charge type when making my payment, will you refund the charge?
Unfortunately, this is not possible as the charge has already been taken from the payment amount by the correspondent bank.
What will happen to any funds sent to my account using the old information?
It is essential you use the new routing instructions as soon as possible. If the wrong details are used to send funds to your account, then the payment is at risk of being returned to the remitting bank and will need to be re-sent. The remitting bank may also apply a charge when the funds are returned.
Will I have to change my current standing order details?
No, Sterling standing order details remain the same as our sort code has not changed. Please note we do not accept non-Sterling currency standing orders.
Why am I being charged? My other bank does not charge me a correspondent bank fee.
There is no change to the fees you currently pay SBO for processing payments on your behalf.
What is the process for querying payments?
The process will not change, and all payment investigation charges remain the same. Please refer to our ‘Charges for banking services’ leaflet for details.
Where can I find further information?
|
It is available on our website in the ‘frequently asked questions’ section at: www.standardbank.com/international
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