With Northern eBanking, you can transfer up to the available (cleared) balance of the sending account, or its equivalent in foreign currency, abroad.

When you fill out a transfer request, indicate what you have agreed with the payee. This determines who will pay the fees for the transfer.

Note that, if the transfer is within the EU and is for less than €50,000 or the equivalent in another currency, you must always choose “The sender and payee share the costs”. In this case the sender’s charges will be paid by you, the ordering customer. The payee’s charges, including correspondent bank charges, will be paid by the payee.

It is normal practice that you pay fees for sending the transfer out of the bank and the payee pays fees for receiving the transfer into the foreign bank.

Transfer type	Distribution of costs	Fees
Standard transfer	Sender and payee share the costs	As the sender, you must pay £12.00 and the payee pays all costs at the foreign bank.
	Sender pays costs	As the sender, you must pay £12.00 and the foreign costs of £15.00: a total of £27.00.
	Payee pays costs	As the sender, you don’t pay fees. The costs of £15.00 and the foreign costs are covered by the payee.
Express transfer	Sender and payee share the costs	As the sender, you pay £15.00 and the payee pays all costs at the foreign bank.
	Sender pays costs	As the sender, you must pay £15.00 as well as the foreign costs of £15.00: a total of £30.00.
	Payee pays costs	As the sender, you don’t pay any fees. Costs of £15.00 and the foreign costs are covered by the payee.

Additional fees
If you do not enter the BIC (Swift address) when making a transfer, the transfer requires manual processing in the Bank, for which we require an additional fee of £6.00.

Euro payment instructions effective from 1 January 2007 onwards (which do not include a valid IBAN) to http://www.northernbank.co.uk/Link/BusinessInternationalPaymentsEUPaymentFeesIBAN will NOT be accepted for processing. This will affect all payments that are dated from 1 January 2007. Please visit our website for full details. An additional fee of £8.00 will be charged if the IBAN is not provided or is incorrect.