Documentation Index

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Transfers

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The Paynetics platform provides access to multiple payment networks, covering all major currencies and selected local ones. Transfers can be internal (between Paynetics accounts) or external (inbound and outbound via payment schemes).

Type

Currencies

Description

Internal

EUR, BGN, GBP, USD

Between accounts within the Paynetics system, using balance token, IBAN, or account number as identifiers. Executed in real time.

Inbound

EUR, BGN, GBP, USD*

From an external account into a Paynetics account. Supported via SEPA / SEPA Instant (EUR), Faster Payments / CHAPS (GBP), BISERA (BGN), and SWIFT (USD).

*USD inbound is supported for Business accounts only. Consumer USD accounts cannot receive dedicated IBAN inbound transfers.

Outbound

EUR, BGN, GBP

From a Paynetics account with a dedicated IBAN or account number to an external account. Supported via SEPA / SEPA Instant (EUR), Faster Payments (GBP), and BISERA (BGN). Transfers must be sent in the currency of the source account.

In This Section

For step-by-step integration guides, see Send a Wire Transfer, Receive a Wire Transfer, and Work with Suspense Queue in the How-To Guides section.