SWIFT and SEPA transfers are widely recognised as the two primary methods for international money transfer, facilitating bank transfers across various countries.
How do they differ?
The main difference between these two systems is their geographical scope: SEPA is a standard for free or low-cost transfers in Euro between 36 European countries, while SWIFT is a global standard for most major currencies that allows for quick and safe communication between payment service providers around the globe.
Kindly note that currently we don’t support incoming or outgoing SWIFT transfers.