Wire transfer, bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another.
To get a wire transfer from us you should have a bank account on your or your company name. It could be any bank in your home country, in Europe or even online bank. We are usually sending transfers through SWIFT with OUR payment instructions, means that we pay the fees. It is very complex topic, so if you want to know more, please continue to Wikipedia - Wire transfer.
The wire is classic of classics. Usually, there are no problems with wire transfers/SWIFT payments but fees can be much higher compared to SEPA and sometimes bank can ask us questions like who and why we are sending to, which can result in delayed payments. Fees are higher because the transfer is international, it may be going through several banks (correspondence banks) and each bank can deduct a fee. Also currency conversion may apply too which usually costs 1-3%. However, when it is possible we are using TransferWise and sending you directly your local currency, where we are paying a little fee, but overall it is much cheaper and faster than using a wire transfer. You can check that yourself. To receive more money by avoiding these fees, there is an option for everyone to get a free account in multiple currencies - TransferWise borderless account . We are using them, we can recommend them, but the choice is yours. As the alternative to TransferWise, you can look at CurrencyFair . Their fees are pretty good too, but they do not offer as many services as TransferWise do.
|Minimal amount||Time to deliver||Fees|
|300 EUR||NET-15 days||Up to 5 business days||10 EUR + 0.00%||Depends on your bank|
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This page is used to inform website visitors regarding our policies with the collection, use, and disclosure of Personal Information if anyone decided to use our Service.
Information Collection and Use
For a better experience while using our Service, we may require you to provide us with certain personally identifiable information, including but not limited to your email address, IP address, name, phone number, residential address and bank account. The information that we collect will be used to contact or identify you.
We want to inform you that whenever you visit our Service, we collect information that your browser sends to us that is called Log Data. This Log Data may include information such as your computer’s Internet Protocol (“IP”) address, browser version, pages of our Service that you visit, the time and date of your visit, the time spent on those pages, and other statistics.
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Our website uses these “cookies” to collection information and to improve our Service. You have the option to either accept or refuse these cookies, and know when a cookie is being sent to your computer. If you choose to refuse our cookies, you may not be able to use some portions of our Service.
We may employ third-party companies and individuals due to the following reasons:
We want to inform our Service users that these third parties have access to your Personal Information. The reason is to perform the tasks assigned to them on our behalf. However, they are obligated not to disclose or use the information for any other purpose.
We value your trust in providing us your Personal Information, thus we are striving to use commercially acceptable means of protecting it. But remember that no method of transmission over the internet, or method of electronic storage is 100% secure and reliable, and we cannot guarantee its absolute security.
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Our Services do not address anyone under the age of 13. We do not knowingly collect personal identifiable information from children under 13. In the case we discover that a child under 13 has provided us with personal information, we immediately delete this from our servers. If you are a parent or guardian and you are aware that your child has provided us with personal information, please contact us so that we will be able to do necessary actions.