British Payments
Here you will find country specific information about our Payment Initiation API and its implementation rules.
General information
Here you will find a quick overview of useful information regarding our Payment Initiation API.
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.
As we operate worldwide, the services we offer are tailored for each market. Below you can find the country specific information relating to our Payment Initiation API for Great Britain.
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.
General payment rules
Please find below 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 |