Bank deposit

aquanuke · 12-01-2006, 12:08:44 AM

I wanted to change my account from paypal to bank deposit. On the change screen it has..

* IBAN:

* SWIFT/BIC:

Would that be account no. and sort code ?

admin · 12-01-2006, 12:12:26 AM

No these are specific bank codes.

Dig out your bank statement, mine has this information listed on it.

charlie · 12-01-2006, 12:30:54 AM

my iban works out as GB BARC(sortcode)(account number)
not too hard to figure - i had to phone them though

accelerator · 12-01-2006, 02:03:13 AM

Quote:

Originally Posted by aquanuke

I wanted to change my account from paypal to bank deposit. On the change screen it has..

* IBAN:

* SWIFT/BIC:

Would that be account no. and sort code ?

IBAN stands for International Bank Account number, see:

http://en.wikipedia.org/wiki/Interna...Account_Number

normally pretty long, up to 34 digits I believe, often now printed on your bank statement.

Swift/Bic:

http://en.wikipedia.org/wiki/Swift_Codes

Identifies the bank, you would usually use the head office Swift as this is the one that will be a member of UK clearing. Head office Swifts are given in the link I supplied, but I would probably still double check with your bank as to the exact swift that they use (if it isn't given on your statement).

Hope this helps

Accelerator

NameDriver · 12-01-2006, 08:54:41 AM

Hi there,

Just to reinforce this - although your fellow forumers have been very helpful and beat me to it:

We pay out of Germany and, although we can pay with your standard bank account number and sort code, it's faster - and 8 Euros per transaction - cheaper to pay by IBAN and SWIFT/BIC.
We did actually want to have our European bank in England, but we couldn't find a bank that charged anything less than a whopping 25 quid per International transaction! I saw on another part of this forum how people enjoyed a good moan about life in England being extortionate, so here's another bit of fodder.

We've gathered this data from most of our UK customers over the last few months and we're going to update the data ourselves so you don't need to, but feel free to change it yourselves if you wish.

On another note, the wire payments went out this morning, so they may be there in time for the weekend

Ed

fred · 12-01-2006, 09:50:46 AM

Quote:

Originally Posted by charlie

my iban works out as GB BARC(sortcode)(account number)
not too hard to figure - i had to phone them though

Mine starts GB80 NWBK

Taken from http://www.natwest.com/corporate/int...RNATIONAL/IBAN

Quote:

An IBAN adds a country code and check digits to the front of the domestic account number format

and

Quote:

You should not attempt to create your own IBAN or a beneficiary's IBAN from account details held.
Please contact your Branch or Relationship Manager if you cannot locate your own IBAN.

So don't try to guess - ask your bank.

charlie · 12-01-2006, 09:57:14 AM

Quote:

Originally Posted by fred

Mine starts GB80 NWBK

yeah actually check mine and its GB33BARC (barclays) - seems my country code is different - perhaps i live in a different GB

NameDriver · 12-01-2006, 11:49:22 AM

Yes, the best thing is really to look on your bank statement. My HSBC one is in the top right.
I have tried to see if it's possible to build my own IBAN number from my bank account but it is certainly safer and wiser to get the number from your statement or bank direct.

This is also quite an interesting link:
http://www.xe.com/idt/

While we're on the subject of payments, we use mass-pay when we do PayPal which means that we pay the fees, allowing you to receive money without the 3% cut. We're paying PayPal within the next 48 hours and you can set up a dollar account meaning that effectively nothing gets lost in translation, so if anyone's considering a change...

Ed

aquanuke · 27-06-2006, 04:15:59 AM

Only 6 months from my original post, finally got around to looking at a bank statement and its on there

Thanks chaps.

Jeewhizz · 27-06-2006, 09:35:32 AM

If you have an account with barclays: http://www.barclayscorporate.com/iban should work - you can generate your IBAN there.

12-01-2006, 12:08:44 AM	#1 (permalink)
aquanuke Join Date: May 2005 Location: Surrey Posts: 1,993 No Classified Ratings Domain Trader Rating: (100% / 20)	Bank deposit I wanted to change my account from paypal to bank deposit. On the change screen it has.. * IBAN: * SWIFT/BIC: Would that be account no. and sort code ? __________________ Dropcatching and DAC hosting - I gotta have More Cowbell - Now I do

12-01-2006, 12:12:26 AM	#2 (permalink)
admin Administrator Join Date: Jun 2004 Posts: 8,601 No Classified Ratings Domain Trader Rating: (100% / 1)	No these are specific bank codes. Dig out your bank statement, mine has this information listed on it. __________________ Domain Appraisal \| Domain Scripts \| Domain Software\| link to Acorn Domains

12-01-2006, 12:30:54 AM	#3 (permalink)
charlie Join Date: Jul 2004 Location: No fixed abode Posts: 2,592 No Classified Ratings Domain Trader Rating: (100% / 39)	my iban works out as GB BARC(sortcode)(account number) not too hard to figure - i had to phone them though __________________ domains for sale: Cowrie.co.uk SEDO sites:iroses ichocolate sportsunderwear personallingerie Italy Hotels magazinediscounts

12-01-2006, 08:54:41 AM	#5 (permalink)
NameDriver NameDrive Staff Join Date: Aug 2005 Posts: 729 No Classified Ratings Domain Trader Rating: (0% / 0)	Hi there, Just to reinforce this - although your fellow forumers have been very helpful and beat me to it: We pay out of Germany and, although we can pay with your standard bank account number and sort code, it's faster - and 8 Euros per transaction - cheaper to pay by IBAN and SWIFT/BIC. We did actually want to have our European bank in England, but we couldn't find a bank that charged anything less than a whopping 25 quid per International transaction! I saw on another part of this forum how people enjoyed a good moan about life in England being extortionate, so here's another bit of fodder. We've gathered this data from most of our UK customers over the last few months and we're going to update the data ourselves so you don't need to, but feel free to change it yourselves if you wish. On another note, the wire payments went out this morning, so they may be there in time for the weekend Ed __________________ Email: Craig@namedrive.com

12-01-2006, 11:49:22 AM	#8 (permalink)
NameDriver NameDrive Staff Join Date: Aug 2005 Posts: 729 No Classified Ratings Domain Trader Rating: (0% / 0)	Yes, the best thing is really to look on your bank statement. My HSBC one is in the top right. I have tried to see if it's possible to build my own IBAN number from my bank account but it is certainly safer and wiser to get the number from your statement or bank direct. This is also quite an interesting link: http://www.xe.com/idt/ While we're on the subject of payments, we use mass-pay when we do PayPal which means that we pay the fees, allowing you to receive money without the 3% cut. We're paying PayPal within the next 48 hours and you can set up a dollar account meaning that effectively nothing gets lost in translation, so if anyone's considering a change... Ed __________________ Email: Craig@namedrive.com

27-06-2006, 04:15:59 AM	#9 (permalink)
aquanuke Join Date: May 2005 Location: Surrey Posts: 1,993 No Classified Ratings Domain Trader Rating: (100% / 20)	Only 6 months from my original post, finally got around to looking at a bank statement and its on there Thanks chaps.

27-06-2006, 09:35:32 AM	#10 (permalink)
Jeewhizz Join Date: May 2006 Posts: 1,188 No Classified Ratings Domain Trader Rating: (100% / 17)	If you have an account with barclays: http://www.barclayscorporate.com/iban should work - you can generate your IBAN there.

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