SEPA / SWIFT, IBAN

International financial transfers and payments have become an absolutely integral part of any business. Thanks to SEPA (Single Euro Payments Area), you can make credit and debit transfers in Euros anywhere in the European Union and in some countries outside of it. This system made payments fast and secure. Its goal is to erase the boundaries for international payments, thereby making the European economy even more efficient and competitive.
The next step in facilitating international transactions by standardizing money transfers is the international account number, or IBAN. This is an 8 or 11-digit bank code in international format. IBAN helps speed up the processing of international payments. It is also a mandatory format for making payments in the SEPA system.

SEPA, however, was created for use in the countries of the European Union. There is also a SWIFT system. It works all over the world, which is its main advantage. The SWIFT system provides a fairly fast delivery of the transfer due to the vastness of this network. In general, there are more than 11,000 financial institutions from 210 countries in the system.

Our team of professionals will help you find the right solution for international financial transfers.