Electronic Wire Transfer – SWIFT / CHAPS Payments

A SWIFT payment is an electronic way to transfer money internationally. It can be ‘standard’ (allow 4-6 working days, to be received), or ‘urgent’ (allow 2-3 working days to be received). We have given below the BIC (SWIFT) code of our bank, which you will need when wiring us a payment via your bank.

Payments in GBP ONLY. PLEASE INSTRUCT YOUR BANK TO SEND THE PAYMENT IN GBP (UK POUNDS), NOT IN ANY OTHER CURRENCY.

We do not accept Euros, USD or other foreign currencies. Thank you.

SWIFT payments

Swift payments attract bank fees on both sides (i.e. your bank and our bank). All bank fees – including UK bank fees of £ 7 GBP for receiving payments coming from abroad – must be paid for in advance by you.

You must please select this option in your bank’s International Payment Order form, when sending the money to the U.K.

If you do not select to pay all bank fees for the transaction, you may need to resend the difference we would be charged by our bank. Or else, you must add this amount to the total net payment for the retreat.

CHAPS payments

CHAPS transfers are another popular way to transfer money electronically. There are ”usually” no bank fees to pay on our end, although this depends on the country from where the payment originates.