When sending a bank transfer through Paysend, the required account details may vary to comply with local laws and depend on the destination country and the type of account. Here’s a comprehensive guide to help you understand what information you may need to provide:
General Requirements
For most countries, you will need to provide the following details:
Recipient's Bank Name: Select the recipient's bank from a list.
Recipient's Account Number: Enter the account number of the recipient.
Recipient's Full Name: Provide the recipient's first and last name in Latin characters (a-z, A-Z).
SEPA Bank Accounts
For SEPA (Single Euro Payments Area) bank accounts, the details required are slightly different:
IBAN: International Bank Account Number of the recipient.
Recipient Type: Specify whether the recipient's account is individual or company.
Recipient's Name: Full name of the recipient or the company name.
Country-Specific Requirements:
In some countries, additional information is required. For example, if you are sending a transfer to a bank account in Brazil, you will need to provide:
Bank Account Type: Checking or Savings.
Tax ID (CPF Number): Recipient’s tax identification number in Brazil.
Branch Code: The code of the recipient's bank branch.
Recipient's Email Address.
Recipient's Phone Number.
If any additional information such as the recipient's residential address is required, Paysend will prompt you during the transfer process.