National Savings Free Overseas Transfers

National Savings Free Overseas Transfers.

National Savings and Investments (NS&I) has announced that it will now transfer money overseas at no additional charges.

The NS&I international payments service will allow expats and others living overseas that hold qualifying national savings accounts to transfer monies to the following currencies:

• Australia Dollars
• Euros
• Canada Dollars
• Hong Kong Dollars
• Israel Shekels
• New Zealand Dollars
• Singapore Dollars

You must have one of the following accounts:

• Direct Saver
• Direct ISA
• Income Bonds
• Premium Bonds

To qualify for the free payments service you must:

• Have an international bank account in: Australia, Canada, Euro Payments Area, Hong Kong, Israel, New Zealand or Singapore.
• The account must be in your own name or held jointly with someone else.
• Be registered for NS&I’s online and phone service.
• Send an original paper statement, or certified copy from your international bank account proving it is in your name.

For further information visit: nsandi.com/international-payments-service