Country specific Payment rules
Great Britain
Country specific information about our Payment Initiation API and its implementation rules.
General information
Here you'll find useful information regarding our Payment Initiation API for Great Britain, such as country specific rules, the Implementation Guidelines for all the payment types and general rules for our payment products.
As we operate worldwide, the services we offer are tailored for each market, so it's important to bear in mind that there can be differences between all of the countries and their payment products.
Payment products
For Individual and Corporate banking customers, we provide Transfers to own accounts, Local Credit Payments, SEPA Credit Transfers and Cross-Border Payments.
Corporate mandate
If a countersignature for a payment is necessary as per the Mandate between the Corporate customer and Handelsbanken, please advise the customer to action this within their Online Banking.
PSU-Corporate-ID
For Corporate customers, when sending in a request using our POST endpoint, you need to add a "PSU-Corporate-ID" into the header. For British Corporates, this is a 6 digit Handelsbanken customer number which can be found in Corporate Online Banking under the heading 'Account overview'.
Implementation Guidelines
Within the link below, you’ll find all the payment types that you can offer to our Individual and Corporate customers. We also detail what fields, formats and values are required for each payment type.
It's really important that you follow these guidelines to ensure that payments do not get rejected due to incorrect information.
General payment rules
The table below contains general rules, cut-off times and processing rules, applicable to the payments that you can offer to our mutual customers.
|
Payment |
Type |
General rules |
Cut-off time |
Processing rules |
|
Local |
Faster Payments |
GBP payments within the UK. Up to £100,000 for Individual customers. Up to £250,000 for Corporate customers. |
18:30 GMT on working days. |
Same day delivery, providing it’s received before the cut-off time. |
|
Local |
CHAPS |
There is no payment limit for CHAPS although it is typically more expensive than using Faster Payments. |
17:40 GMT on working days. |
Same day delivery, providing it’s received before the cut-off time. |
|
Local |
Currency to sort code |
Used as an alternative to SWIFT/BIC for payments in currencies other than GBP or EUR where the beneficiary's account is located in the UK. |
Depends on the currency. Please see |
For processing rules and expected value dates, please see Payment cut-off times |
|
Local |
Internal transfer |
Own accounts within Handelsbanken. GBP only. |
18:30 GMT on working days. |
Same day delivery, providing it’s received before the cut-off time. |
|
Local |
Internal transfer cross currency |
Own accounts within Handelsbanken. Multi-currency. |
Depends on the currency. Please see |
Same day delivery, providing it’s received before the cut-off time. |
|
Cross-border |
SEPA |
International Payment (EUR within Europe). Must include: IBAN, BIC and SHAR. The beneficiary bank must be a SEPA bank. |
14:00 GMT on working days. |
For processing rules and expected value dates, please see Payment cut-off times |
|
Cross-border |
SWIFT/BIC |
International payment (non EUR or EUR going to a non-SEPA country). Used when SWIFT/BIC details are known. |
Depends on the currency. Please see |
For processing rules and expected value dates, please see Payment cut-off times |
|
Cross-border |
Other |
International Payment (Outside Europe or not in EUR). Used when SWIFT/BIC is not applicable or available (e.g. for payments to the USA using a Fed Wire, ABA or Routing number). |
Depends on the currency. Please see |
For processing rules and expected value dates, please see Payment cut-off times |