What are SWIFT payments?

SWIFT payments are a type of international money transfer sent via the SWIFT international payment network.

 The SWIFT network is one of the largest financial messaging systems in the world. TransferLab can send or receive certain currencies via SWIFT payment.

Your bank will likely charge you a fee to make a SWIFT transfer. When you send money via SWIFT, make sure your bank will cover any fees associated with the payment.

SWIFT payments usually take 2–5 working days to reach their destination, but they can take longer due to time differences between the sending and receiving country, or due to multiple intermediary banks involved with delivering your money to TransferLab.

We also pay out via SWIFT when you send GBP to countries outside the UK, or EUR to banks that are not part of SEPA (Single Euro Payments Area), and countries outside of SEPA.