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Euros paid into Barclays?

15lsp
15lsp Posts: 305 Forumite
in Budgeting & bank accounts
Hi

I have sold something on ebay and the buyer from Belgium wants to do a direct debit in Euros into my barclays account. Ive never done this before so i quickly googled it and Ive read I will get charged for receiving the funds.

Can anyone confirm this & where to I find the BIC & iban Codes?

Thanks
Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure

Comments

  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    15lsp wrote:
    ...where to I find the BIC & iban Codes?
    From the Barclay's website...
    When you are the beneficiary of a cross border payment from Europe, as well as providing the payer with your IBAN you must also tell them Barclays' SWIFTBIC (Bank Identifier Code) which is BARCGB22. This essential code tells the overseas Bank that this is the UK Barclays address to receive your funds.

    You will find your IBAN for your Barclays account on your bank statements.

    http://www.business.barclays.co.uk/BRC1/jsp/brccontrol?site=bbb&task=articlegroup&value=6537&target=_self
    From the same source...
    We will not charge you for processing payments received from EU Member States in Euros for €50,000 or less (effective from 01/01/2006) if they contain your IBAN and SWIFTBIC details.
  • 15lsp
    15lsp Posts: 305 Forumite
    thanks thats very helpful
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure
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