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Small Business

Royworld Economy

A secure international payment service using electronic links between banks - useful where speed is not of the essence

Royworld Economy:

  • Offers high security and reliability, since payment is made using bank-to-bank electronic links
  • Provides a cheaper (although slower) alternative to the express service
  • Can be initiated electronically or via Royal Bank branches

Enables you to:

  • Make payments of any amount in sterling or currency to most destinations throughout the world
  • Provide your beneficiary with funds within 5-10 working days of your account being debited
  • Initiate payments from your office pc using Royline
  • Choose how the charges should be paid

How to make a payment

  • To speed things up it helps if you can provide us with the following information:
  • The currency you want the payment to be in
  • The name of the person to whom the money is being sent
  • The full name of their bank
  • Their bank address and sort code
  • Their bank’s BIC address
  • Their account number
  • Which charges you will be paying

 

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