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Electronic payments
Electronic payments
Secure, fast and cost effective: electronic solutions for sending and receiving payments
Whether you're importing and need to send payments, or exporting and need to receive funds, our electronic payments services offer a secure, fast and cost-effective solution.
When you make and receive overseas payments, you want them to be secure and fast. RBS offers a choice of solutions that will help you find the optimum solution to meet your payment requirements.
If you haven't found what you're looking for or have any additional questions please call us using the 'Get in touch' contact information.
As an importer you will need to make payments to overseas suppliers (whether you have to pay in advance, on delivery or after), we offer fast and secure electronic payment solutions. Depending on the urgency of your payment, our Royworld suite provides a range of options to meet your needs
Royworld Budget
A cost-effective solution for sending non-urgent payments of up to £2,000.
Royworld Economy
Make international payments of any value; normally received within four working days.
Royworld Express
Make payments with our fastest electronic solution; normally taking up to two working days to be received.
Information on domestic payments.
If you haven't found what you're looking for or have any additional questions please call us using the 'Get in touch' contact information.
As an exporter you will be receiving sterling and non sterling payments from abroad. Our electronic payment solutions give you the speed and security that you require.
Key benefits of electronic payments
Fast and secure - payment instructions are sent electronically from the sender's bank to us. The funds are automatically credited to your account, thereby eliminating the need for time-consuming paperwork.
Cost-effective - payments up to and including £100 (or currency equivalent) are charged at just £1. Payments of over £100 (or currency equivalent) are charged at just £7 each. Our fees are debited from the principal amount before we credit your account. We will send you a credit advice showing a breakdown of all our charges.
Ease of use - all you need to do is give your customers details of your RBS account; they can arrange for your account to be credited directly from their bank.
Funds available quickly - payments received will be credited to your account as soon as possible. This will be either on the value date or, if this is not possible, on the next best possible value date.
Automatic currency conversion - most payments will be automatically converted to the currency of your account. If you do not wish us to convert the payment, simply contact us prior to the payment being sent.
How to receive funds electronically
Funds can be received electronically, all you require is to provide the payer with is:
- our SWIFT address which is RBOSGB2L
- your account number
- your International Bank Account Number IBAN. You will find your IBAN on your account statement.
If you haven't found what you're looking for or have any additional questions please call us using the 'Get in touch' contact information.


