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Our personal International Money Transfers services are also available in the Cayman Islands, Guernsey and Jersey
Incoming Instructions
Introducing the new global payment standard – ISO 20022
Our Standard Settlement Instructions have been updated in line with the new global standard for payments that is mandatory for banks and financial institutions around the world. ISO 20022 is designed to enhance processing efficiency, consistency and transparency of payment data.
To receive funds by wire, you will need to provide the sender with our banking information (standard settlement instructions), the exact creditor (formerly known as "beneficiary") account name, account number, and address.
If you are receiving funds by wire transfer into your Butterfield account, you will need to provide the sender with our Correspondent Bank routing details for the currency being sent. For example, if a Pound Sterling (GBP) transfer is being sent to a US dollar (USD) account, use our GBP correspondent bank. When Butterfield receives the funds, they will be converted from GBP to USD at the day’s exchange rate and credited to the USD account.
Please use our Standard Settlement Instructions (SSIs) below for the currency being sent. If these instructions are not used, the payment may be delayed, fail to reach your account, or incur additional fees.
Please note:
All payments must include the creditor's (formerly known as beneficiary) account number, the creditor's account name, and the creditor's address.
Important Notice for Clients Dealing in Swiss Francs (CHF):
On June 16th, 2026, Butterfield will change its CHF correspondent for international money transfers from Barclays Bank to Zuercher Kantonalbank. To ensure there is no disruption to your incoming payments, be sure to advise all relevant parties of the change.
Incoming payment orders received through our correspondent banking network shall be processed on the relevant value day, subject to the following "cut off" times:
| BMD | Same day if received by 4:45 p.m. |
| USD | Same day if received by 4:45 p.m. |
| CAD | Same day if received by 1:00 p.m. |
| GBP | Following business day if received by 4:45 p.m. |
| Foreign Currencies | Two business days if received by 4:45 p.m. |
Outgoing Instructions
Introducing the new global payment standard – ISO 20022
Our Wire Transfer form has been updated in line with the new global standard for payments, which is mandatory for banks and financial institutions worldwide. ISO 20022 is designed to enhance processing efficiency, consistency and transparency of payment data.
As part of the new standard, all international payment beneficiaries in Butterfield Online must have a structured postal address, including the town/city and country. If you need to update an existing beneficiary before making a payment, please follow the instructions HERE.
For your convenience, we can also arrange one-time transfers.
To request an outbound international money transfer, please:
- Read the General Terms & Conditions located at the footer of this page.
- Download and complete the Request For Wire Transfer Form. If you complete the form by hand, PRINT clearly on all forms to avoid delayed processing.
- Bring in your form to any of our local Banking Centres.
Note that request forms for outgoing transfers must reach the IMT Paying Area by the following "cut off" times each day:
| BMD | 11:00 a.m. same day value |
| USD | 12:30 p.m. same day value |
| CAD | 11:30 a.m. same day value |
| GBP | 3:00 p.m. next day value date (following business day) |
| Foreign Currencies | 3:00 p.m. two days value (two business day) |
You can transfer funds to overseas recipients in multiple currencies, securely and conveniently, using Butterfield Online.
If you have any further questions, please call our Call Centre on +1 (441) 295 1111.