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Sending Money

What Countries Are Part of the SEPA Zone?
SEPA (Single Euro Payments Area) allows customers to make cashless Euro ...
Under what name will my transfer show to the recipient?
The name that appears on a transfer sent from your Payset account depend...
What does the "Pending" or "Rejected" status mean for my transaction?
When checking your transaction status in your Payset account, you may se...
Why was my transaction rejected?
We understand that having a transaction rejected can be frustrating, and...
Can I cancel a transaction/payment after I send it?
No. Once sent, payments can not be canceled. Please ensure all the detai...
How do I transfer funds locally?
By default, Payset routes payments via local (domestic) payment networks...
How do I make repeat payments?
If you frequently issue recurring payments to the same beneficiaries, yo...
How do I make bulk payments?
Bulk or batch payment is a new Payset feature that allows you to upload ...
How to use your IFX (Bank) wallet
If you have an IFX wallet added to your account, you can use it to send ...
How to transfer funds internally (from one wallet to another)
To transfer funds for free between your wallets in the same currency, fo...
How do I send funds to another Payset account holder?
Payments to and from other Payset clients are free and instant. Each cli...
What are the fees for sending money?
The charges incurred when sending money differ depending on your Payset ...
Which currencies can I send from my account?
You can send payments from your account in the following currencies. Not...
What countries can I send money to?
With a Payset account, you can send money to 180+ countries. See below f...
How long will it take for the beneficiary to receive my funds transfer?
Payset can process many payment transfers instantly while other transfer...
Are there limits on the amount of money I can send?
No, there are no transaction limits on Payset multi-currency accounts. H...
What is the difference between local and international transfers?
Both local and international transactions transmit electronic instructio...