Payments to Overseas banks Things to be aware of

Transcription

1 Payments to Overseas banks Things to be aware of Payment can be made to accounts in most countries. If you wish to have your pension paid overseas, the Royal Bank of Scotland (RBS), the Funds bankers, will transmit your pension as an International Payment wire transfer, and bank fees apply (see below for details). To effect payment by wire transfer we require certain information from you; more information is given in the attached Payment Overseas Notes. If you do not provide this information, we will not be able to make payments to you. For data protection reasons, your bank will not provide this information directly to us. If you decide to have your pension paid overseas, you must complete a Change of bank details form (copies attached) for the SCPF and/or SOCPF pension (as applicable to you). In certain countries, it is compulsory for the payer to provide the home address of the beneficiary to the debiting bank. We will therefore include your home address if you ask us to pay your pension outside the UK. If you do not wish us to pass on your home address you must have your pension paid to a bank account in the UK. If you have pensions from both the SCPF and SOCPF they can be paid to different bank accounts. Contact Details Address Pensions Administration, FT/P Shell International Limited Shell Centre London United Kingdom Pensions-administration-london-l@shell.com Fax +44 (0) Phone +44 (0) for surnames beginning A C +44 (0) for surnames beginning D - G +44 (0) for surnames beginning H - K +44 (0) for surnames beginning L O +44 (0) for surnames beginning P S +44 (0) for surnames beginning T Z FT/P May 2010

2 SHELL CONTRIBUTORY PENSION FUND Please complete EITHER UK bank details OR Overseas bank details (in BLOCK CAPITALS) Name Pension Number. either UK Bank Details - Bank Name Account Name Bank Address Account Number. Sort Code Building Society Roll Number or Overseas Bank Details In accordance with the Trust Deed and Regulations of the Shell Contributory Pension Fund, Shell Pensions Trust Limited is not obliged to pay pensions in currencies other than sterling. Please read the attached notes before completing this form, as certain mandatory information is required. (Your bank will be able to provide you with this information if you do not know it). Bank Name... Account Name Bank Address Branch Name. Account Number SWIFT/BIC Code... Country Clearing Code.. IBAN. (mandatory for accounts in Europe ) Signature.. Date. PLEASE ENSURE THIS FORM IS SIGNED BEFORE RETURNING IT TO: Trustee Services Unit, Pensions Administration, Shell International Ltd, Shell Centre, London,

3 SHELL OVERSEAS CONTRIBUTORY PENSION FUND Please complete EITHER UK bank details OR Overseas bank details (in BLOCK CAPITALS) Name Pension Number. either UK Bank Details Bank Name Account Name Bank Address.. Account Number. Sort Code Building Society Roll Number or Overseas Bank Details In accordance with the Trust Deed and Regulations of the Shell Overseas Contributory Pension Fund, Shell Trust (Bermuda) Limited is not obliged to pay pensions in currencies other than sterling. Please read the attached notes before completing this form, as certain mandatory information is required. (Your bank will be able to provide you with this information if you do not know it). Bank Name... Account Name Bank Address Branch Name. Account Number SWIFT/BIC Code... Country Clearing Code.. IBAN. (mandatory for accounts in Europe ) Signature.. Date. PLEASE ENSURE THIS FORM IS SIGNED BEFORE RETURNING IT TO: Trustee Services Unit, Pensions Administration, Shell International Ltd, Shell Centre, London,

4 Payment Overseas - NOTES In accordance with the Trust Deed and Regulations of the Shell Overseas Contributory Pension Fund and Shell Contributory Pension Fund, there is no obligation to pay pensions in currencies other than Sterling. Payments will be made in Sterling and conversion to the currency of the country in which the account is held (other than for Sterling Accounts) will be made by the beneficiary bank (i.e. your local bank). Bank Fees No bank fee is charged for payments made by BACS to an account in the UK A bank fee of 1.12 is charged by RBS on all payments that they transmit outside the UK. Further charges may be applied by the beneficiary bank (i.e. your local bank) and also by any other banks through which your payment is routed. We have no control over these additional charges. If your account is held within the Eurozone, the Fund will pay the bank fee of 1.12 to RBS but all subsequent charges are for your account. If your bank is held outside the Eurozone, ALL bank charges, including RBS fee of 1.12, are for your account. Other information you should be aware of In certain countries, it is compulsory for the payer to provide the home address of the beneficiary to the debiting bank. We will therefore include your home address if you ask us to pay your pension outside the UK. If you do not wish us to pass on your home address you must have your pension paid to a bank account in the UK. SWIFT or BIC codes Swift/BIC codes should be provided for all overseas banks. IBANs for Banks in Europe IBAN stands for International Bank Account Number and is used primarily in Europe. For most countries in Europe, an IBAN is mandatory and without this your payment cannot be processed. It is only used when making payment from one country to another and it identifies the country to which payment is being made, the bank and the individual s account number along with a validation check. The format does differ between countries, however a typical IBAN will look like this: BE or like this GB19 LOYD Details of IBAN formats for each European country are shown below COUNTRY CODE characters COUNTRY NAME /IBAN PREFIX in IBAN ANDORRA AD 24 AUSTRIA AT 20 BELGIUM BE 16 BULGARIA BG 22 CYPRUS CY 28 CZECH REPUBLIC CZ 24 DENMARK DK 18 ESTONIA EE 20 FINLAND FI 18 FRANCE FR 27

5 GERMANY DE 22 GIBRALTAR GI 23 GREECE GR 27 GUERNSEY GG 22 HUNGARY HU 28 IRELAND IE 22 ISRAEL IL 23 ITALY IT 27 MALTA MT 31 MARTINIQUE MQ 27 MAURITIUS MU 30 MONACO MC 27 NETHERLANDS NL 18 NORWAY NO 15 POLAND PL 28 PORTUGAL PT 25 ROMANIA RO 24 SPAIN ES 24 SWEDEN SE 24 SWITZERLAND CH 21 TURKEY TR 26 Other Bank Codes Certain other countries worldwide use additional National Country Clearing Codes; for example BSBs are used in Australia, Fedwires in the US. This relates to a branch routing, and the code should be provided. A list of countries that use this branch type routing is shown below: COUNTRY CODE /IBAN Characters COUNTRY NAME PREFIX in IBAN AUSTRALIA AU 6 CANADA CA Digits in NCC (National Clearing Code) 9 - made up of 4 digit Bank code and 5 digit Branch code HONG KONG HK 6 ISRAEL IL 23 8 (IL plus a 6 digit code) NEW ZEALAND NZ 6 SOUTH AFRICA ZA 6 UNITED STATES OF AMERICA US 9 Payments to Overseas banks Things to be aware of Payment can be made to accounts in most countries. If you wish to have your pension paid overseas, the Royal Bank of Scotland (RBS), the Funds bankers, will transmit your pension as an International Payment wire transfer, and bank fees apply (see below for details). To effect payment by wire transfer we require certain information from

6 you; more information is given in the attached Payment Overseas Notes. If you do not provide this information, we will not be able to make payments to you. For data protection reasons, your bank will not provide this information directly to us. If you decide to have your pension paid overseas, you must complete a Change of bank details form (copies attached) for the SCPF and/or SOCPF pension (as applicable to you). In certain countries, it is compulsory for the payer to provide the home address of the beneficiary to the debiting bank. We will therefore include your home address if you ask us to pay your pension outside the UK. If you do not wish us to pass on your home address you must have your pension paid to a bank account in the UK. If you have pensions from both the SCPF and SOCPF they can be paid to different bank accounts. Contact Details Address Pensions Administration, FT/P Shell International Limited Shell Centre London United Kingdom Pensions-administration-london-l@shell.com Fax +44 (0) Phone +44 (0) for surnames beginning A C +44 (0) for surnames beginning D - G +44 (0) for surnames beginning H - K +44 (0) for surnames beginning L O +44 (0) for surnames beginning P S +44 (0) for surnames beginning T Z FT/P November 2010