What details do I need to send a bank transfer?

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:

General Requirements

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

For SEPA (Single Euro Payments Area) bank accounts, 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: 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.