Details for making payments

Cut-off times and banking details to use for making payments

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This page details how to make payments in and out of your bank account with Investec. Use the links to jump to the relevant section.

Payments out of your account

Sending money within the UK

1) Sterling payments within the UK

We will usually send money using the Faster Payments service. This means that we will normally process payments within 2 hours of receiving your payment instruction. Payments might take longer to process if we need to carry out additional checks or if we are carrying out system maintenance.

Payments are made by CHAPS where the Faster Payments service cannot be used or where specifically requested. CHAPS payments can only be processed on Working Days* and cut-off times apply.

Where to instruct a payment	When you can instruct a payment	When we will process your payment instruction	Maximum time for the payment to reach the payee’s bank Please note that this is calculated from the time we process your instruction
Online Banking	Anytime (except during system maintenance periods)	Normally within 2 hours of receiving your payment instruction	Next day
Telephone Banking	Anytime within our telephone banking service hours. The CHAPS cut-off time is 4:00pm on a Working Day.	Faster Payments - normally within 2 hours of receiving your payment instruction or on the next Working Day (depending on the value of the payment). CHAPS payments - on the Working Day you instruct the payment. If we receive your instruction after the cut-off time, we will only process this on the next Working Day.	Next day for Faster Payments Next Working Day for CHAPS payments

Where to instruct a payment

When you can instruct a payment

When we will process your payment instruction

Maximum time for the payment to reach the payee’s bank

Please note that this is calculated from the time we process your instruction

Online Banking

Anytime (except during system maintenance periods)

Normally within 2 hours of receiving your payment instruction

Next day

Telephone Banking

Anytime within our telephone banking service hours.

The CHAPS cut-off time is 4:00pm on a Working Day.

Faster Payments - normally within 2 hours of receiving your payment instruction or on the next Working Day (depending on the value of the payment).

CHAPS payments - on the Working Day you instruct the payment. If we receive your instruction after the cut-off time, we will only process this on the next Working Day.

Next day for Faster Payments

Next Working Day for CHAPS payments

2) Non-sterling payments within the UK

These payments can only be processed on Working Days and cut-off times apply.

Types of payments	Cut-off times If we receive your instruction after the cut-off time, we will only process this on the next Working Day	Maximum time for the payment to reach the payee’s bank Please note that this is calculated from the time we process your instruction
Euro payments (this includes payments you ask us to convert from sterling to Euro)	3:00pm on a Working Day	Next Working Day
Other EEA** currency payments	3:00pm on a Working Day	No later than 4 Working Days
Other payments	3:00pm on a Working Day	Contact us

*Working Day - this is a day on which we are open in the UK for business, not including Saturdays, Sundays and UK bank holidays. All references to times are to UK times.

**EEA means all the member states of the European Union and Iceland, Norway and Liechtenstein. To make a transfer into your Investec account simply provide the information below to your third-party bank or the payer.

Sending money outside the UK

We do not apply charges when you are sending money outside the UK. Please be aware that the receiving and/-or intermediary banks may impose a charge.

These payments can only be processed on Working Days and cut-off times apply.

Types of payments	Cut-off times If we receive your instruction after the cut-off time, we will only process this on the next Working Day	Maximum time for the payment to reach the payee’s bank. Please note that this is calculated from the time we process your instruction
Euro payments within the EEA (this includes payments you ask us to convert from sterling to Euro)	3:00pm on a Working Day	Next Working Day
Sterling payments outside the UK but within the EEA	3:00pm on a Working Day	No later than 4 Working Days
Other EEA currency payments within the EEA	3:00pm on a Working Day	No later than 4 Working Days
Other payments	3:00pm on a Working Day	Contact us

*Working Day - this is a day on which we are open in the UK for business, not including Saturdays, Sundays and UK bank holidays. All references to times are to UK times.

Payment details for payments into your account

We do not apply charges when you are receiving money from outside the UK. Please be aware that the sending and/or intermediary banks may impose a charge.

When receiving money from outside the European Economic Area (EEA), please ensure your payer chooses the charge code OUR at payment submission in order to receive the full amount.

To make a transfer into your Investec account, simply choose the currency you wish to transfer in below and then provide the relevant information to your third-party bank or the payer.

Transfer in Sterling (GBP)

	Beneficiary details
Beneficiary name	Your account name
IBAN/Account number	Your account number; your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L
Sort code	40-64-34

Transfer in Euros (EUR)

Use the following details if the payer’s bank is in either the EU or the UK:

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

Use the following details if the payer’s bank is not in the UK and not in the EU (e.g. the bank is in the United States of America):

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	ING Bank S.A/N.V
Correspondent Bank SWIFT	BBRU BE BB 010

Transfer in US Dollars (USD)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Wells Fargo Bank, N.A.
Correspondent Bank SWIFT	PNBP US 3N NYC
Routing code/Fedwire/ABA no.	026005092

Transfer in South African Rand (ZAR)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Investec Bank Ltd, Sandton
Correspondent Bank SWIFT	IVES ZA JJ

Transfer in Swiss Francs (CHF)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	UBS AG, Zürich
Correspondent Bank SWIFT	UBSW CH ZH 80A

Transfer in Australian Dollars (AUD)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Australia and New Zealand Banking Group Limited, Melbourne
Correspondent Bank SWIFT	ANZB AU 3M
Routing code/BSB	013-024

Transfer in New Zealand Dollars (NZD)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	ANZ National Bank Limited, Wellington
Correspondent Bank SWIFT	ANZB NZ 22

Transfer in Swedish Krona (SEK)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Skandinaviska Enskilda Banken AB (Publ), Stockholm
Correspondent Bank SWIFT	ESSE SE SS

Transfer in Canadian Dollars (CAD)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Canadian Imperial Bank of Commerce, Toronto
Correspondent Bank SWIFT	CIBCCATT

Transfer in Japanese Yen (JPY)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Mizuho Bank, Tokyo
Correspondent Bank SWIFT	MHCBJPJT

Transfer in Singapore Dollars (SGD)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Standard Chartered Bank (Singapore) Limited
Correspondent Bank SWIFT	SCBLSG22

Transfer in Danish Krone (DKK)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Danske Bank A/S, Copenhagen
Correspondent Bank SWIFT	DABA DK KK

Transfer in Norwegian Krone (NOK)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	NORDEA BANK ABP
Correspondent Bank SWIFT	NDEA NO KK

Transfer in Hong Kong Dollars (HKD)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	HSBC, Hong Kong
Correspondent Bank SWIFT	HSBC HK HH HKH

Transfer in Israeli Shekel (ILS)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Bank Leumi LE Israel, Tel Aviv
Correspondent Bank SWIFT	LUMI IL IT BSC

Transfer in Hungarian Forint (HUF)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Erste Group Bank AG
Correspondent Bank SWIFT	GIBA AT WG XXX

Transfer in Czech Republic Koruna (CZK)

	Beneficiary details
Beneficiary name	Your account name
IBAN	Your IBAN which can be found on your statement or by calling us
SWIFT	IVESGB2L

	Via correspondent bank
Corresponding Bank	Erste Group Bank AG
Correspondent Bank SWIFT	GIBA AT WG XXX

Confirmation of Payee is here

To help combat fraud (and accidentally misdirected payments), we provide Confirmation of Payee (CoP), a name-checking service that allows you to confirm the name of the person you want to pay matches the account details you provide. If your bank offers CoP, it will also allow you to check that the Investec account details you have for making a deposit are correct. Find out more about Confirmation of Payee.