This is for illustration purposes only. The actual amount you can borrow will vary depending upon your personal circumstances.
For a more accurate estimate, which takes into account affordability, deposit and other details, use our full borrowing calculator.
This estimate assumes that interest rate will remain the same throughout the term of the mortgage, and mortgage type is repayment (rather than interest-only).
For illustration purposes only. This information does not contain all of the details you need to choose a mortgage. Make sure you read the separate Key Facts Illustration before you make a decision.
For a more accurate estimate based on your chosen mortgage product please use our full cost calculator.
Are you buying a property overseas? Do you need to make mortgage payments to a foreign bank? Or perhaps you have children studying or travelling abroad and want to send them money?
More and more people now need to make payments abroad for a whole range of reasons.
We're working with American Express to provide you with a quick and easy way to transfer foreign currency to bank accounts abroad.
|Competitive exchange rates||
Complete a Foreign Money Transfer form and post it, with a certified copy of your passport and account passbook (if applicable), to:
Customer Savings Department
Yorkshire Building Society
Our processing team will deal with your request as quickly as possible. If it is received before 3pm it will be dealt with that day. Any requests after that time will be dealt with on the next working day. (Saturday does not count as a working day for this service.)
If you wish to know the exchange rate or Sterling value of the transfer before making an application please call into your local branch or call us on 0845 1200 100.
We can give you an indication of the likely value, but bear in mind that exchange rates change frequently and the actual exchange rate won?t be fixed until your application is processed.
Though most receiving banks don't charge to receive transfers for the designated currency of the beneficiary's bank account, some may charge a fee. If you need to send a specific amount, you may need to check with the receiving bank first.
The information you need to supply when making a transfer to a bank overseas varies from country to country.
The code identifying the name of the bank and branch is often called a BIC (Bank Identifier Code), but may also be referred to as a SWIFT code. It will generally contain either 8 or 11 characters, the first 6 being letters of the alphabet.
European banks (and many others) use International Bank Account Numbers (IBANs) to identify accounts. IBANs are made up of numbers and letters, and include the country code, the bank code and the account number. If an account does not have an IBAN, you will need to provide the account number.
The following countries have specific requirements:
What you need to supply
|Thailand||A reason for making the payment|
|Korea||A reason for making the payment plus a contact telephone number for the person receiving the money|
|India||An Indian Financial System Code (IFSC)* and the full postal address and PIN number (postal code) of the branch where the account is held|
|Canada||A 9 digit transit code*|
|Australia||A 6 digit BSB (Bank-State-Branch) code*|
|New Zealand||A 6 digit bank code*|
|Israel||A 2 digit bank code followed by a 3 digit branch code*|
|Mexico||An 18 digit CLABE which includes both the routing and account numbers|
|USA||A 9 digit ACH (also known as a Fedwire or ABA) number instead of a BIC|
* These codes are written in front of the account number.
Occasionally, the person you are making the payment to may name an intermediary bank (that's a bank through which the payment will pass). You should include the name of this bank on your Foreign Currency Transfer application form.
The more information you can provide, the more likely the payment will be received successfully without delay. It's always worth asking the person you're sending money to for as much detail as possible from their bank.
Yorkshire Building Society is one of the largest building societies in the UK. We offer a range of financial products and services including: savings & investment accounts, insurance products, loans, mortgages and more.
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Yorkshire Building Society is a member of the Building Societies Association and is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. We are entered in the Financial Services Register under registration number 106085.
Any reference on this website or in our literature to the Financial Services Authority (FSA) should be deemed to mean the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA).