Do you need to transfer money to Lloyds TSB Bank in the UK? If so, there will be a number of money transfer services, so you may be questioning “what is the best way to transfer money to Lloyds Bank?” Whatever your currency requirements and however frequently you will need to transfer money to a Lloyds bank account in the UK, you will want to find a service that enables you to transfer money cheaply to the United Kingdom, so you will want to find one with low transfer fees that offers a good Sterling exchange rate.
How can I transfer money to the UK?
Through a bank
Making the money transfer through a bank is an obvious solution, as you will be able to transfer the money straight from your bank account to the recipient’s Lloyds account. This is however an expensive way to transfer money as banks charge large transfer fees and offer poor exchange rates, which will result in you getting less Pound Sterling for your money.
When transferring money through a bank, it can also take a number of days for the money to reach the Lloyds bank account, around 3-4 working days. What’s more, you will have to visit the bank each time you wish to transfer money.
Through a money sending bureaux
You could also transfer money through a money sending bureaux like Western Union or MoneyGram. Many of these services operate through a network of shops and offer online money transfer services. You will find that these services enable you to transfer money quickly to the Lloyds bank account as they often offer a faster payment service. These faster transfers do however come at an additional cost to a regular transfer and transferring money through a money sending bureaux can also be expensive at the best of times as they charge significant transfer fees and offer uncompetitive, fixed exchange rates, so you cannot benefit from a favourable exchange rate if one becomes available.
Is there an alternative?
A foreign exchange specialist such as Xendpay
A foreign exchange specialist such as Xendpay can be the ideal alternative to a bank or a money sending bureaux when you need to transfer money to Lloyds TSB. We are foreign exchange specialists who have helped tens of thousands of people each year to send money worldwide, cheaply and simply. As we are money transfer specialists we can buy our foreign currency in large volumes at a better exchange rate and we pass these savings on to our customers, offering them a more competitive Sterling exchange rate. Why not compare our exchange rate?
Not only do we provide our customers with market leading exchange rates, we also charge some of the lowest transfer fees on the market, which are less than most banks and money sending bureaux. For more information please visit our fee page.
|Bank Name:||LLOYDS TSB BANK|
|Address:||25 Gresham street London EC2V 7HN – United Kingdom|
|Phone Number:||0845 3000 000|
Why should I make my money transfer through Xendpay?
- Great exchange rate
- Low transfer fees
- Transfer money 24/7, online via our payments platform
- Online and telephone assistance
- Easy way to transfer money to Lloyds TSB
- Fast transfers – For more information, please see our delivery times page.
How do I transfer money with Xendpay?
1. Open a free account which will only take a matter of minutes.
2. Login to your account.
3. Tell us your payment currency, how much you wish to transfer and your reason for transferring money to the UK.
4. Add the recipient you wish to transfer money to.
5. Transfer the funds to our secure Barclays bank client account, either by bank transfer or credit or debit card payment.
Lloyds TSB, like all banks, may sometimes refuse to accept payments from some or all third parties. Under these circumstances we will return the money to the client once it has been returned to RationalFX, less any SWIFT and third-party transfer costs and foreign exchange losses incurred.