When trading internationally, there are steps you can take to ensure payments are made efficiently and to manage the impact of fluctuating exchange rates. This section explains more.
Banks throughout Europe now all use a standard format for International Bank Account Numbers (IBANs) and Bank Identifier Codes (BICs). So, when making or receiving payments across EU borders, using IBANs and BICs makes the process quicker, safer and more efficient.
Businesses of all sizes are increasingly looking at new and emerging markets to support growth ambitions. But whether importing supplies or exporting goods for sale, strong management against currency fluctuation could be the key to bottom line strength.
Back to top
Please note that any data sent via e-mail is not secure and could be read by others. Please be aware that there are certain circumstances where we are unable to accept e-mail instructions - for further information, please contact your Relationship Manager. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.
We subscribe to The Lending Code; copies of the Code can be obtained from www.lendingstandardsboard.org.uk
Lloyds Bank plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes’ eligibility criteria not all Lloyds Bank Business customers will be covered by these schemes).