If you live abroad

It is possible to have your pension paid directly to a bank outside of the UK if you are living abroad.

Following a review of our banking procedures, the Tyne and Wear Pension Fund have decided to change our overseas payment provider from Lloyds to Western Union Business Solutions, part of the Western Union Group. Western Union Business Solutions are a leader in global payment services and offer significant benefits to our administration of your overseas payments.

Western Union will pay your pension into your account in local currency at a competitive exchange rate.  The transfer time is approximately 3/4 days.

As an alternative to receiving monthly payments abroad you may wish to consider the following:

  • if you have retained a UK bank account we can pay your pension into that account each month so that you can transfer or withdraw monies as and when you need to.

If you wish to have your pension paid to a bank outside the UK please complete and return Western Union Mandate form. We also require you to confirm on the form whether you wish to change from the present monthly pension basis.

Paying income tax

If you live overseas and are concerned about tax please visit HMRC's Overseas Tax Information.