What is a Swift transfer?

The Society of Worldwide Interbank Financial Telecommunication (SWIFT) is a financial messaging system that runs on a network of tens of thousands of financial institutions from around the world.

This payment method is used to transfer the funds internationally using SWIFT international payment network. Hence, using this transfer method with PayApp, you will be able to perform transactions to countries outside the EU or EEA. The SWIFT transfer might take up to 2-5 business days to reach the beneficiary.