Different pay out methods

Local pay out method 

We have banking partners worldwide. This means that some of our payments are paid out as local payments.

Faster payments

Faster Payments are used by banks in the United Kingdom. There is a limit on faster payments with the maximum being £250,000; however, you will need to check with your bank for their limit. A faster payment can take anything between a few minutes to 2 hours to credit your beneficiary account.

SWIFT

SWIFT- Society for Worldwide Interbank Financial Telecommunications

SWIFT is a vast messaging network banks and other financial institutions use to send money globally. SWIFT payments are accurate and secure. More than 200 countries use SWIFT and more than 11,000 financial institutions are SWIFT members.

SEPA instant

SEPA Instant – Single Euro Payments Area Instant

SEPA instant is an instance transfer of euros to a bank account within the SEPA zone. Payments are executes 24/7 regardless of bank holidays/non-working days. The beneficiary bank needs to be registered to accept SEPA instant transfers. Around 24% of banks registered to accept SEPA accept SEPA instant.

SEPA

SEPA – Single Euro Payments Area

The SEPA schemes covers 36 countries in total which include the 27 countries in the EU Zone as well as the UK, Iceland, Norway, Liechtenstein, Switzerland, Monaco, San Marino, Andorra and Vatican City State/Holy See.