What are SWIFT payments?
Banking
What are SWIFT payments?
SWIFT payments (commonly known as international wires) are used when you require transfers to be made quickly, and these can be performed across the world using the SWIFT network.
The SWIFT network doesn’t transfer funds but instead, sends payment orders between banks using SWIFT codes.
This is an alternative method if your recipient doesn’t have a Zenus Bank account – but this will incur a SWIFT charge of $25.
Find out more on how to make your first SWIFT payment today.
