Lloyds Bank International Transfer Fees — Real Cost vs Wise on a £1,000 Send (2026)
United Kingdom · Founded 1765 · Live data · Updated
On a real £100 transfer to INR
Lloyds Bank loses you ₹1,652 (12.95%)
vs Skrill, the cheapest app on the same quote.
Lloyds Bank’s median shortfall against the best app in our data: 4.51%.
How Lloyds Bank charges for international transfers
Lloyds charges £9.50 for an international SEPA payment and up to £20 for a SWIFT payment, plus an exchange rate margin typically 2.8-4.5% above the mid-market rate. Internet Banking customers pay slightly less than branch customers but the FX margin is the same.
Source: Lloyds Bank international transfers · quotes: Wise comparison feed.
Lloyds Bank vs cheapest digital provider — by corridor
| Corridor | Sending | Lloyds Bank delivers | Best digital delivers | You lose | |
|---|---|---|---|---|---|
| GBP → INR | £1,000 | ₹121,498 | ₹127,775 via Remitly | ₹6,277 · 4.9% | Compare all → |
| GBP → USD | £1,000 | $1,264 | $1,318 via Instarem | $54 · 4.1% | |
| GBP → PLN | £1,000 | zł4,945 | zł5,154 via Remitly | zł210 · 4.1% | |
| GBP → NZD | £1,000 | NZ$2,252 | NZ$2,345 via Instarem | NZ$93 · 3.9% | |
| GBP → CAD | £1,000 | C$1,805 | C$1,877 via Remitly | C$72 · 3.8% | |
| GBP → TRY | £1,000 | ₺62,473 | ₺64,817 via Instarem | ₺2,344 · 3.6% | |
| GBP → EUR | £1,000 | €1,139 | €1,175 via Instarem | €36 · 3.1% | |
| GBP → AUD | £1,000 | A$1,826 | A$1,883 via Instarem | A$57 · 3.1% |
Median Lloyds Bank shortfall across 8 live corridors: 4.51% less than the best app on each.
Common questions about Lloyds Bank international transfers
How does Lloyds Bank compare with the best digital quote?
4.51%: Lloyds Bank's median payout shortfall against the best digital alternative, over 8 priced corridors. Its worst: GBP→INR.
Is Lloyds Bank ever the cheapest option for international transfers?
Not once in 8 priced corridors did Lloyds Bank beat every app; GBP→INR is its widest gap.