When sending a bank transfer through Paysend, the required account details may vary to comply with local laws and depend on the destination country and the type of account. Here’s a comprehensive guide to help you understand what information you may need to provide: Yes, there are limits for sending bank transfers. Here’s a detailed overview: A SWIFT transfer is an international money transfer sent through the SWIFT network, which connects thousands of banks worldwide. This method ensures secure and efficient transactions, making it a popular choice for large or international transfers. To send money from your bank account in Israel, please follow these simple steps below: To send money from your bank account in Canada via Interac, please follow these simple steps below: To send money from your bank account via SEPA<\/span>, please follow the simple instructions below: To send money from your UK bank account using the Manual Bank Transfer <\/span>option, please follow the simple instructions below: To send money from your UK bank account using the Online banking <\/span>option, please follow the simple instructions below: To send money from your bank account via Easy bank transfer \(Trustly\)<\/span>, please follow these simple instructions: To send money from your bank account via SOFORT<\/span>, please follow the simple instructions below: To send money from your bank account via Blik<\/span>, please follow the simple instructions below: To send money from your bank account via MBWay<\/span>, please follow the simple instructions below: To send money from your bank account via iDEAL<\/span>, please follow the simple instructions below: To send money from your bank account via EPS, please follow the simple instructions below: When sending money to a bank account in South Africa using Paysend, please follow these important steps: When sending money to a bank account in Korea using Paysend, please follow these important steps: Paysend supports money transfers to India using the Unified Payments Interface \(UPI\) ID, enabling instant credit to bank accounts.
General Requirements
<\/span>
For most countries, you will need to provide the following details:
Recipient\'s Bank Name: Select the recipient\'s bank from a list.
Recipient\'s Account Number: Enter the account number of the recipient.
Recipient\'s Full Name: Provide the recipient\'s first and last name in Latin characters \(a-z, A-Z\).
SEPA Bank Accounts<\/span>
For SEPA \(Single Euro Payments Area\) bank accounts<\/span>, the details required are slightly different:
IBAN: International Bank Account Number of the recipient.
Recipient Type: Specify whether the recipient\'s account is individual or company.
Recipient\'s Name: Full name of the recipient or the company name.
Country-Specific Requirements:<\/span>
In some countries, additional information is required. For example, if you are sending a transfer to a bank account in Brazil, you will need to provide:
Bank Account Type: Checking or Savings.
Tax ID \(CPF Number\): Recipient’s tax identification number in Brazil.
Branch Code: The code of the recipient\'s bank branch.
Recipient\'s Email Address.
Recipient\'s Phone Number.
If any additional information such as the recipient\'s residential address is required, Paysend will prompt you during the transfer process.<\/span><\/p>","created_at":"2024-08-22T12:16:43Z"},{"id":21058726537373,"section_id":13021421312157,"name":"Are there limits for sending a bank transfer?","title":"Are there limits for sending a bank transfer?","body":"
1. Sending Limits<\/span>
Your account has specific limits. If you reach the limit, you will get a notification and be prompt to increase it. You can check these limits by contacting Customer Support.
2. Receiving Limits<\/span>
Different destinations might have limitations on the amount you can send in a single transfer, as well as daily, monthly, or yearly limits. These limits excit to complay with local laws of the receiving country.
When you attempt to send an amount that exceeds the limit, our system will alert you and show the maximum amount you can send. This ensures that you do not send more than what Paysend and our partners permit.
If you need more detailed information about the receiving limits for your specific destination, please contact Customer Support. <\/span><\/p>","created_at":"2024-08-22T12:18:09Z"},{"id":21058751914525,"section_id":13021421312157,"name":"Sending money with SWIFT transfer","title":"Sending money with SWIFT transfer","body":"
How to send money with SWIFT via Paysend?<\/span>
- Navigate to \'Transfers\' and click Send-> New recipient.
- Select SWIFT wire transfer
- Provide the recipient’s details:
- SWIFT or BIC code;
- Recipient\'s account type \(company or individual\)
- IBAN
- Recipient\'s address
- Purpose of your transfer
- Lastly, select the SWIFT fee option.
Exceptions for SWIFT Transfers<\/span>
Certain countries have restrictions on sending or receiving SWIFT transfers. If you can\'t find the SWIFT option when sending money from your country or there is an error when entering the recipient\'s information, it means that the option is not available.
Receiving Currencies for SWIFT Transfers<\/span>
The available currencies for receiving SWIFT transfers depend on the recipient’s country. You will see the available currencies when you create the transfer in your Paysend account.
<\/span><\/p>","created_at":"2024-08-22T12:20:12Z"},{"id":21058817605789,"section_id":13021421312157,"name":"Transfers from bank account in Israel","title":"Transfers from bank account in Israel","body":"
- Increase your bank account sending limit by uploading your ID in the app.
- Navigate to the \'Transfers\' section and click \'Send\'.
- Select the destination country and the receiving currency.
- Choose the recipient\'s receiving method.
- Enter the recipient\'s details.
- Enter the exact amount you wish to send or that the recipient should receive.
- Select \'Regular bank transfer\' as the payment method.
- Pick a banking institution from the provided list.
- Verify the transfer details and select \'Confirm\'.
- Once the payment request is created in Paysend system, please go to your bank\'s personal account to pay the request.
Important:<\/span>
- Transfer the exact amount specified. For example, if you\'re instructed to send exactly 100.02 ILS, please make sure to transfer the exact amount, otherwise the transfer may not go through;
- Provide your transaction ID as a reference code when transferring funds to the Paysend account. If the reference code if incorrect, your transfer may not go through;
- Send money from the bank, that you selected while creating a transfer to ensure that in case your transaction is declined, you will receive a refund smoothly.
Please remember:<\/span>
- If the funds are not paid into the Paysend account within 4 calendar days, the transfer will be cancelled on the 5th calendar day.
- Once we receive the funds, we will send them to the recipient immediately.
- Transfer delivery time can vary from a few minutes to three business days depending on the recipient\'s bank.
- If you experience any difficulties with your transfer please get in touch with the Paysend Customer Support. <\/span><\/p>","created_at":"2024-08-22T12:22:47Z"},{"id":21058894430877,"section_id":13021421312157,"name":"How to pay with Interac for your transaction in Canada?","title":"How to pay with Interac for your transaction in Canada?","body":"
Initiate the payment:<\/span>
- Navigate to the \'Transfers\' section and click the \'Send\' button.
- Select the destination country and the currency. Available currencies will depend on the specific destination country.
- Choose how to deliver your money transfer. This will vary based on the countries of sending and receiving.
- Enter the recipient’s details accurately.
Enter payment details:<\/span>
- Specify either the amount you wish to send \(on the left\) or the amount the recipient should receive \(on the right\).
- Select \'Interac E-Transfer\' as your payment method.
- Provide your email address where we will send an invitation link for the payment.
- Review all transfer details carefully.
- Click \'Confirm & Send\' to proceed.
Finish your payment:<\/span>
- Expect to receive the payment link via email within 24 hours.
- Once you received it, select your bank from the list provided in the email and confirm the transfer.
- The completion of the transfer may take up to 24 hours. You can track its status directly in your account.
- You must complete it within 48 hours of receiving the payment link. If not completed, the transfer will be automatically declined within 3-5 calendar days.
- If necessary, you can cancel the transfer by clicking on the cancellation link provided in the payment email.
<\/span><\/p>","created_at":"2024-08-22T12:24:53Z"},{"id":21058933272221,"section_id":13021421312157,"name":"Sending manual bank transfer via SEPA","title":"Sending manual bank transfer via SEPA","body":"
- Go to the \'Transfers\' section and click \'Send\'.
- Select the destination country and currency.
- Select the recipient\'s receiving method.
- Enter the recipient\'s details.
- Enter the exact amount you want to send or the amount you want the recipient to receive.
- Select \'SEPA Instant and Regular transfers\' as the payment method and click \'Next\'.
- Once the payment request is created in Paysend system, please go to your bank\'s personal account to pay the request.
Important:<\/span>
- Send the exact amount specified. For example, if you\'re instructed to send exactly EUR 100.02, you must send the exact amount or the transfer may be refunded.
- Enter the correct reference code when transferring funds to Paysend account. Incorrect reference codes will result in the funds not being accepted. Please note, that some banks have \'Comment\' field instead of \'Reference\' one.
- If you are required to specify the recipient country, you must select Spain. Some banks may also ask you to provide the address where the payment will be made, in which case please provide the following address C. de Leganitos, 47, 9ª planta, Centro, 28013 Madrid, Spain.
Please remember:<\/span>
- If the funds are not credited to the Paysend account within three business days, the transfer will be cancelled and refunded.
- As soon as we receive the funds, we will send them to the recipient immediately.
- Transfer crediting times are regulated by the recipient\'s bank and can vary from a few minutes to up to three working days.
<\/span><\/p>","created_at":"2024-08-22T12:26:39Z"},{"id":21058998950557,"section_id":13021421312157,"name":"Transfers from UK bank account via manual bank transfer option","title":"Transfers from UK bank account via manual bank transfer option","body":"
- Go to the \'Transfers\' section and click \'Send\'.
- Select the destination country and recipient currency.
- Select the recipient\'s receiving method.
- Enter the recipient\'s details.
- Enter the exact amount you want to send or the amount you want the recipient to receive.
- Select \'Manual Bank Transfer\' as the payment method and click \'Next\'.
- Once the payment request is created in Paysend system, please go to your bank\'s personal account to pay the request.
Important:<\/span>
- Send the exact amount specified. For example, if you\'re instructed to send exactly GBP 100.02, you must send the exact amount or the transfer may be refunded.
- When transferring funds to your Paysend account, use your transaction ID as the reference code. Incorrect reference codes will result in the funds not being accepted.
Please remember:<\/span>
- If the funds are not received in the Paysend account within three business days, the transfer will be cancelled and the money refunded.
- As soon as we receive the funds, we will send them to the recipient immediately.
- Transfer crediting times are regulated by the recipient\'s bank and can vary from a few minutes to up to three working days<\/span><\/p>","created_at":"2024-08-22T12:28:49Z"},{"id":21059003528477,"section_id":13021421312157,"name":"Transfers from UK bank account via online banking transfer option","title":"Transfers from UK bank account via online banking transfer option","body":"
- Click on the \'Send\' button in the \'Transfer\' section.
- Select the destination country.
- Select the desired recipient currency and transfer method.
- Fill in the required details and click \'Next\'. Additional information may be required depending on local laws and service providers.
- Enter the amount you want to send or the amount you want the recipient to receive.
- Check the transaction fee and estimated delivery time.
- Click \'Continue\'.
- For funding, select \'From bank account\'.
- Select a bank from the list provided.
- Review the transfer details and select \'Confirm & Send\'.
- Proceed with the payment in your banking application or on the bank\'s website.
Please note that bank transfers can take up to three working days depending on the bank provider. Once the transfer is complete, we will automatically forward it to the recipient.
If your bank isn\'t listed:<\/span>
- Option 1: Select My bank is not on the list to use a regular bank transfer.
- Option 2: Go back and select Manual Bank Transfer<\/span> as your funding option.
Next steps for both options:<\/span>
- Review the transfer details.
- Click \'Confirm & Send\'.
- Go to your bank\'s personal account to pay the transfer.
<\/span><\/p>","created_at":"2024-08-22T12:29:47Z"},{"id":21083174128029,"section_id":13021421312157,"name":"Transfers from bank account via Easy bank transfer \(Trustly\)","title":"Transfers from bank account via Easy bank transfer \(Trustly\)","body":"
- Click on the \'Send\' button in the \'Transfers\' section.
- Select the destination country and the desired receiving currency. Note that the available currencies depend on the specific corridor.
- Select how you want the money to be received, which will vary depending on the sending and receiving countries.
- Provide the necessary details of the person or organisation receiving the money.
- Enter the amount you want to send \(on the left\) or the amount you want the recipient to receive \(on the right\).
- Select Easy Bank Transfer \(Trustly\) as the payment method.
- Review the transfer details and press \'Confirm & Send\'.
- Select your bank from the list provided.
- Confirm the payment in your banking application or on the bank\'s website.
Note<\/span>: If your bank is not listed, please select from the available options.
- Follow the instructions to complete the transfer through your bank\'s interface.
Once the funds have been successfully transferred to our Paysend account, we will immediately forward them to the recipient.
Please note:<\/span>
The time it takes for the funds to be credited to the recipient\'s bank account depends on the recipient\'s bank and can vary from a few minutes to up to 3 working days.
*The Easy Bank Transfer \(Trustly\) option is available in the following countries Austria, Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Netherlands, Norway, Sweden.
<\/span><\/p>","created_at":"2024-08-23T12:35:25Z"},{"id":21059089162653,"section_id":13021421312157,"name":"Transfers from bank account via SOFORT","title":"Transfers from bank account via SOFORT","body":"
- Click on the \'Send\' button in the \'Transfers\' section.
- Select the destination country \(please note that the currencies available for deposit vary according to the corridor selected\).
- Select the receiving method \(options depend on the sending and receiving countries\).
- Enter the recipient\'s details.
- Enter the amount you wish to send \(on the left\) or the amount you wish the recipient to receive \(on the right\).
- Select SOFORT as the payment method.
- Review the transfer details and click \'Confirm & Send\'.
- Select your bank from the list provided.
- Confirm the payment in your banking application or on the bank\'s website.
Once the transfer has been successfully processed, Paysend will automatically process the transfer to your recipient.
Please note<\/span> that the time for the transfer to be credited to your account is subject to the bank\'s processing time, which can take up to 1-2 business days.
*SOFORT transfers are currently available for users in Belgium, the Netherlands and Spain.
<\/span><\/p>","created_at":"2024-08-22T12:30:45Z"},{"id":21059065616157,"section_id":13021421312157,"name":"Transfers from Polish bank account via Blik","title":"Transfers from Polish bank account via Blik","body":"
- Click on the \'Send\' button in the \'Transfers\' section.
- Select the destination country \(please note that the available credit currencies vary depending on the corridor selected\).
- Select the receiving method \(options depend on the sending and receiving countries\).
- Enter the recipient\'s details.
- Enter the amount you wish to send \(on the left\) or the amount you wish the recipient to receive \(on the right\).
- Select Blik as the payment method.
- Review the transfer details and click \'Confirm & Send\'.
- Select your bank from the list provided.
- Confirm the payment in your banking application or on the bank\'s website.
There is a standard fee plus 0.5% of the transfer amount when using this payment method. However, when transferring funds to Ukrainian Visa cards, the standard fee is doubled plus 1% of the transfer amount.
Once the transfer has been successfully processed, Paysend will automatically process the transfer to your recipient.
Please note <\/span>that the time taken for the transfer to be credited to your account is subject to the bank\'s processing times, which can take up to 1 working day.
If the withdrawal was successful but we couldn\'t deliver the transfer to your recipient, the funds will be returned to your bank account within 1 business day.
*Blik transfers are currently only available to users in Poland.<\/span><\/p>","created_at":"2024-08-22T12:32:02Z"},{"id":21059135607197,"section_id":13021421312157,"name":"Transfers from Portugeese bank account via MBWay","title":"Transfers from Portugeese bank account via MBWay","body":"
- Click on the \'Send\' button in the \'Transfers\' section.
- Select the destination country \(please note that the available credit currencies vary depending on the corridor selected\).
- Select the receiving method \(options depend on the sending and receiving countries\).
- Enter the recipient\'s details.
- Enter the amount you wish to send \(on the left\) or the amount you wish the recipient to receive \(on the right\).
- Select MBWay as the payment method.
- Review the transfer details and click \'Confirm & Send\'.
- Select your bank from the list provided.
- Confirm the payment in MBWay app.
Once the transfer has been successfully processed, Paysend will automatically process the transfer to your recipient.
Please note<\/span> that the time it takes for the transfer to be credited to your account is subject to the bank\'s processing times, which can take up to 1 business day.
If the withdrawal was successful but we couldn\'t deliver the transfer to your recipient, the funds will be returned to your bank account within 1 business day.
*MBWay transfers are currently only available to users in Portugal.<\/span><\/p>","created_at":"2024-08-22T12:34:16Z"},{"id":21059194394781,"section_id":13021421312157,"name":"Transfers from Dutch bank account via iDEAL","title":"Transfers from Dutch bank account via iDEAL","body":"
- Click on the \'Send\' button in the \'Transfers\' section.
- Select the destination country \(please note that the currencies available will vary depending on the corridor selected\).
- Select the receiving method \(options depend on the sending and receiving countries\).
- Enter the recipient\'s details.
- Enter the amount you wish to send \(on the left\) or the amount you wish the recipient to receive \(on the right\).
- Select iDEAL as the payment method.
- Review the transfer details and click \'Confirm & Send\'.
- Select your bank from the list provided.
- Follow the instructions to pay the transfer.
Once the transfer has been successfully processed, Paysend will automatically process the transfer to your recipient.
Please note<\/span> that the time it takes for the transfer to be credited to your account is subject to the bank\'s processing times, which can take up to 1 working day.
If the withdrawal was successful but we couldn\'t deliver the transfer to your recipient, the funds will be returned to your bank account within 1 business day.
*iDEAL transfers are currently only available to users in the Netherlands.<\/span><\/p>","created_at":"2024-08-22T12:35:24Z"},{"id":21059180648093,"section_id":13021421312157,"name":"Transfers from Austrian bank account via EPS","title":"Transfers from Austrian bank account via EPS","body":"
- Click on the \'Send\' button in the \'Transfers\' section.
- Select the destination country \(please note that the available credit currencies vary depending on the corridor selected\).
- Select the receiving method \(options depend on the sending and receiving countries\).
- Enter the recipient\'s details.
- Enter the amount you wish to send \(on the left\) or the amount you wish the recipient to receive \(on the right\).
- Select EPS as the payment method.
- Review the transfer details and click \'Confirm & Send\'.
- Select your bank from the list provided.
- Follow the instructions to pay the transfer.
Once the transfer has been successfully processed, Paysend will automatically process the transfer to your recipient.
Please note<\/span> that the time it takes for the transfer to be credited is subject to the bank\'s processing times, which can take up to 1-2 working days.
If the withdrawal was successful but we couldn\'t deliver the transfer to your recipient, the funds will be returned to your bank account within 1 business day.
*EPS transfers are currently only available to users in Austria.<\/span><\/p>","created_at":"2024-08-22T12:36:14Z"},{"id":21059308231965,"section_id":13021421312157,"name":"Transfers to bank accounts in South Africa","title":"Transfers to bank accounts in South Africa","body":"
Recipient\'s phone number<\/span>
Enter the recipient\'s phone number when making the transfer. This is essential for the next steps.
SMS notification and verification<\/span>
Once you have initiated the transfer and provided the recipient\'s phone number, the recipient will receive an SMS from our local partners. The SMS will ask the recipient to complete a verification process.
Pending transfer status<\/span>
If your transfer is marked as pending, check with the recipient to confirm that they have received the SMS and completed the verification steps.
If there are any issues, such as the recipient not receiving the SMS, an incorrect phone number being provided, the recipient not verifying or the transfer still pending after verification, please contact Paysend Customer Support. In your request please specify the following:
- The phone number you provided when you registered, including the country code;
- Your first and last name;
- Your email address;
- The ID number of the transaction in question.<\/span><\/p>","created_at":"2024-08-22T12:39:09Z"},{"id":21059188317853,"section_id":13021421312157,"name":"Transfers to bank accounts in South Korea","title":"Transfers to bank accounts in South Korea","body":"
Recipient account registration<\/span>
The transfer will not be completed until the recipient registers an account with our local partner \(e9pay\) and meets their requirements.
Pending Transfer Status<\/span>
If your transfer is marked as pending, remind the recipient to register with e9pay and provide them with the one-time registration instructions: 해외송금 - 이나인페이<\/a><\/span>
Troubleshooting<\/span>
If the recipient has already registered with e9pay, please wait for the final status of the transfer within 3 business days.
If the transfer is still pending after 3 business days, the recipient refuses to register with e9pay, or the successful transfer has not been credited, please contact Paysend Customer Support for assistance. In your request please specify the following:
- The phone number you provided when you registered, including the country code;
- Your first and last name;
- Your email address;
- The ID number of the transaction in question.<\/span><\/p>","created_at":"2024-08-22T12:37:15Z"},{"id":21059321836701,"section_id":13021421312157,"name":"Transfers via UPI to Bank Accounts in India","title":"Transfers via UPI to Bank Accounts in India","body":"
What is a UPI ID? <\/span>
A UPI ID is a unique identifier that acts as a Virtual Payment Address \(VPA\) for making and receiving payments in India. It is typically similar to an email format and is specific to each user. Examples of a UPI ID are:
- recipientname@bank
- 1234567890@bank
Where \'recipientname\' is an example username and \'1234567890\' is an example mobile number.
How do I send money using UPI? <\/span>
To send money to India via Paysend using a UPI ID, follow these steps:
- Select UPI ID as the method to send money;
- Enter the recipient\'s UPI ID correctly.
Please note: <\/span>The maximum limit for a single UPI transfer is 100,000 INR. If you need to send a higher amount, please opt for a bank transfer or card transfer instead.
How your recipient can generate a UPI ID<\/span>
- Register through the mobile application of a participating bank \(e.g. ICICI, SBI, HDFC\).
- Alternatively, they can use dedicated UPI apps such as BHIM, PhonePe, Google Pay, Paytm and others.
UPI transfers offer a fast and secure way to send money, ensuring that your funds are quickly credited to the recipient\'s bank account without the need for bank account details.<\/span><\/p>","created_at":"2024-08-22T12:42:22Z"}]}},"login":{}};window.initialI18nStore=JSON.parse('{"fr":{"translations":{"ps.404.help":"Aide et Service d’assistance","ps.404.error.description":"Veuillez essayer de nouveau ou contacter notre Service d’assistance, si l’erreur persiste.","ps.404.header.text":"Désolé, page introuvable","ps.500.title":"Désolé, une erreur s’est produite"}},"en":{"translations":{"site.error.general":"Error, please try again later","ps.500.title":"Sorry, something went wrong","site.title":"Send money online globally for only £1, $2 or €1.5 | Paysend Global Transfers","ps.404.help":"Help and User Support","ps.404.error.description":"Please try again, or contact User Support, if the error keeps occurring.","ps.404.header.text":"Sorry, page not found","ps.404.chat.button":"Chat"}}}');window.initialLanguage='fr';Sending a bank transfer