(1) Bank Transfers - transfer money overseas through Banks in the form of Wire Transfers (Telegraphic Transfers), Foreign Drafts and International
Money Orders. The sender can  send Wire Transfers (quicker than Drafts) without being a customer of the sending bank,

but the sender will most probably have to pay cash for the money transfer overseas. You (the receiver) need to provide the sender with your account details i.e.your name; your account number; your bank' s SWIFT/BIC code and any other required information.

You need to check  with the bank where you intend to receive the wire, what type of currency the wire needs to be  sent in and whether you will be able to collect the money over the counter. It could take a few days
before the wire arrives at your bank account. A wire transfer is a good option  to use when a clear record of the transfer of the money overseas is required.

Electronic Fund Transfer

Electronic transfers are fast, reliable and the most secure means of transferring funds from, or to, any country worldwide. To facilitate a smooth and secure transfer of funds, Lloyds Bans TSB uses the SWIFT
(Society for Worldwide Interbank Financial Telecommunications) system. As the name suggests, this system is exclusively used by member banks.

Electronic transfers are normally effected at the spot rate, i.e. the value of the foreign currency two business days hence, to enable banks to facilitate the exchange of the relevant currencies, and to move the funds into the account of the receiving bank.

When selecting an electronic transfer as payment method, funds will be debited from your UK Pounds/ US Dollars account and deposited directly into the beneficiary’s foreign account and vice versa.

SWIFT transfers are useful should you need funds to be transferred to you while you are abroad. Remember this in case of an emergency.

BANK SWIFT code:………….
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Some benefits of electronic transfers:
•        It is a risk-free and secure form of payment
•        It is much faster than a bank draft, should time be critical
•        You are able to stipulate the exact date of payment
•        It is convenient and fast
•        Funds received are available immediately

Ensure that you have the beneficiary’s bank details, account number, name and residential address at hand when making an electronic transfer payment. Also remember the required documentary evidence as called for in the Inland Revenue Service (IRS) rules and regulations.

Immediately all this information are received, I will used the opportunity to write a letter of claim in your favor to our (funds transfer unit 
department)furnishing the fund transfer unit department with all the requirement which you have forwarded to us, so that your fund will be
transferred into your designated bank account as indicated by you.

Finally, you are required to claim your winning prize on or before the 3-5 days only. Hence failure to do so, your winning prize will be reclaimed and relocated and this bank shall not be held responsible.

Please see attachment file