Global
WeWire offers various channels for global collections
SWIFT (Society for Worldwide Interbank Financial Telecommunications)
SWIFT is the global standard for secure international money transfers. Through WeWire's SWIFT payment system, businesses can send USD payments to over 100 countries, making it ideal for international vendor payments, employee payroll, and business expansions. Each SWIFT transfer is secured through a unique transaction code and undergoes rigorous compliance checks to ensure safe and legitimate fund movement.
In some cases, we can do GBP and EUR on the SWIFT network to some countries. Speak to a WeWire Sales person about your particular need so they advise adequately here.
Transfer Specifications
The minimum transfer amount is USD 100
No maximum on the amount
Transaction on this rail can take up to 3 business days to settle
Real-time transaction status updates
Fed Wire
This rail is used for local USD transfers in the United States. Payments initiated on this rail during banking hours are settled instantly.
Transfer Specifications
The minimum transfer amount is USD 100
No maximum on the amount
Instant crediting to the recipient's bank account during banking hours
Real-time transaction status updates
ACH
Transfer Specifications
This rail is used for local USD transfers in the United States. Payments initiated on this rail are NOT settled instantly.
The minimum transfer amount is USD 100
No maximum on the amount
Transaction on this rail can take up to 3 business days to settle
SEPA
This rail is used for local EUR transfers within the European member states. Payments initiated on this rail during banking hours are settled instantly.
Transfer Specifications
The minimum transfer amount is EUR 100
Maximum EUR 1,000,000 payout per transaction
Instant crediting to the recipient's bank account during banking hours
Real-time transaction status updates
Faster Payments
This rail is used for local GBP transfers in the United Kingdom. Payments initiated on this rail during banking hours are settled instantly.
Transfer Specifications
The minimum transfer amount is GBP 100
Maximum GBP 1,000,000 payout per transaction
Instant crediting to the recipient's bank account during banking hours
Real-time transaction status updates
Settlement Times
To understand our settlement periods for SWIFT payouts, take a look at our settlement time reference
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