Supported payment rails and currencies

  • Updated

Your payment account supports the required rails to manage International Credit Transfers smoothly and efficiently. This article provides details on the supported currencies and available payment rails for transferring money internationally using your payment account.

Payment rails

Payment rails are like the networks that connect different parties involved in local or international financial transactions. Payment rails ensure funds can be sent and received quickly, regardless of currency or payment method.

Two common examples of payment rails are Single Euro Payments Area (SEPA) and Society for Worldwide Interbank Financial Telecommunication (SWIFT):

  • SEPA: enables smooth euro transfers within Europe
  • SWIFT: a global network for international transactions

Currencies and rails

From your payment account, you can transfer various currencies worldwide, each with specific transfer options.

Outgoing allowed countries

You can send International Credit Transfers on local rails in local currencies.

You can also send International Credit Transfers on the SWIFT network swift_code using United States Dollars USD, Euros EUR, or Great British Pounds GBP.

Any attempt to send a SWIFT transfer in other currencies is rejected.

Refer to the following lists for allowed countries and rails.

  • You can send International Credit Transfers in the following currencies using the corresponding available rails. For example, the Japanese Yen JPY can only be sent on the japanese rail. Attempts to send currencies using rails not listed on this table are rejected.

    Currencies marked with an asterisk (*) cannot be sent from a company account.

    Currency code Currency name Available rails
    🇦🇺 AUD Australian Dollar australian, australian_bpay
    🇧🇷 BRL* Brazilian Real brazil
    🇨🇦 CAD Canadian Dollar iban
    🇨🇭 CHF Swiss Franc iban
    🇨🇱 CLP Chilean Peso chile
    🇪🇺 EUR Euro swift_code
    🇬🇧 GBP Pound Sterling iban, sort_code
    🇭🇰 HKD Hong Kong Dollar hongkong, hong_kong_fps
    🇮🇩 IDR Indonesian Rupiah indonesian
    🇮🇱 ILS Israeli New Shekel israeli_local
    🇮🇳 INR Indian Rupee indian, indian_upi
    🇯🇵 JPY Japanese Yen japanese
    🇰🇷 KRW South Korean Won south_korean_paygate, south_korean_paygate_business
    🇲🇽 MXN Mexican Peso mexican
    🇲🇾 MYR* Malaysian Ringgit malaysian, malaysian_duitnow
    🇳🇿 NZD New Zealand Dollar newzealand
    🇸🇬SGD Singapore Dollar singapore, singapore_paynow
    🇹🇭 THB Thai Baht thailand
    🇺🇸 USD United States Dollar fedwire_local, swift_code, aba
    🇺🇾 UYU Uruguayan Peso uruguay
    🇻🇳 VND Vietnamese Dong vietname_earthport
  • You can send International Credit Transfers in United States Dollars USD using the swift_code rail to the listed countries. Attempts to send United States Dollars USD using swift_code to countries not listed are rejected.

    First letter Allowed countries for outgoing Swift + USD transfers
    A - B Albania, Algeria, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Barbados, Belgium, Bhutan, Bolivia, Botswana, Bosnia & Herzegovina, Brunei Darussalam, Bulgaria, Burkina Faso
    C - E Canada, Cambodia, Cayman Islands, Channel Islands, Chile, China, Christmas Island, Cocos (Keeling) Islands, Cook Islands, Costa Rica, Côte d'Ivoire, Croatia, Cyprus, Czech Republic, Denmark, Dominica, Dominican Republic, Ecuador, El Salvador, Estonia, Ethiopia
    F - G Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, French Guiana, French Polynesia, Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guatemala, Guernsey, Guinea, Guyana
    H - L Haiti, Holy See (Vatican City State), Honduras, Hong Kong (locally with the CHATS system), Hungary, Iceland, India, Indonesia, Ireland, Isle of Man, Israel, Italy, Jamaica, Japan, Jersey, Kazakhstan, Kenya, Kiribati, Kuwait, Kyrgyzstan, Laos, Latvia, Liberia, Liechtenstein, Lithuania, Luxembourg
    M - O Macao SAR China, Macedonia (Republic of North), Malawi, Malaysia, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia (Federated States of), Monaco, Mongolia, Montenegro, Montserrat, Morocco, Namibia, Nauru, Nepal, Netherlands, New Caledonia, New Zealand, Niger, Niue, Norfolk Island, Northern Mariana Islands, Norway
    P - S Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Poland, Portugal, Reunion, Romania, Rwanda, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and Grenadines, Samoa, San Marino, Sao Tome and Principe, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, South Africa, South Korea, Spain, Sri Lanka, Suriname, Sweden, Switzerland
    T - Z Taiwan (Republic of China), Tajikistan, Tanzania, Thailand, Timor-Leste, Tonga, Trinidad and Tobago, Tunisia, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine (both PrivatBank and non-PrivatBank recipients), United Arab Emirates, United Kingdom, Uruguay, Uzbekistan, Vanuatu, Vietnam, Wallis and Futuna Islands, Zambia
  • You can send International Credit Transfers in Euros EUR using the swift_code rail to the listed countries. Attempts to send Euros EUR using swift_code to countries not listed are rejected.

    First letter Allowed countries for outgoing Swift + EUR transfers
    A - B Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, British Virgin Islands, Brunei Darussalam, Burkina Faso
    C - E Cambodia, Cape Verde, Cayman Islands, Channel Islands, Chile, China, Christmas Island, Cocos (Keeling) Islands, Cook Islands, Costa Rica, Côte d’Ivoire, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Ethiopia
    F - G Falkland Islands (Malvinas), Faroe Islands, Fiji, French Polynesia, Gabon, Gambia, Georgia, Ghana, Greenland, Grenada, Guatemala, Guinea-Bissau, Guyana
    H - L Haiti, Holy See (Vatican City State), Honduras, Hong Kong, SAR China (locally with the CHATS system), India, Indonesia, Israel, Jamaica, Japan, Kazakhstan, Kenya, Kiribati, South Korea, Kosovo, Kuwait, Kyrgyzstan, Lao PDR, Lesotho, Liberia
    M - O Macao, SAR China, Macedonia (Republic of North), Malawi, Malaysia, Maldives, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia (Federated States of), Moldova, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Namibia, Nauru, Nepal, New Caledonia, New Zealand, Niger, Niue, Norfolk Island, Oman
    P - S Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Qatar, Rwanda, Saint Helena, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and Grenadines, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Solomon Islands, South Africa, Sri Lanka, Suriname
    T - Z Taiwan (Republic of China), Tajikistan, Tanzania (United Republic of), Thailand, Timor-Leste, Tonga, Trinidad and Tobago, Tunisia, Tuvalu, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States of America, Uruguay, Uzbekistan, Vanuatu, Vietnam, Wallis and Futuna Islands, Zambia
  • You can send International Credit Transfers in Great British Pounds GBP using the swift_code rail to the listed countries. Attempts to send Great British Pounds GBP using swift_code to countries not listed are rejected.

    First letter Allowed countries for outgoing Swift + GBP transfers
    A - L Albania, Aruba, Azerbaijan, Bahrain, Bangladesh, Bermuda, Bosnia and Herzegovina, British Virgin Islands, Cape Verde, Costa Rica, Dominican Republic, Egypt, Faroe Islands, Georgia, Greenland, Guatemala, Kazakhstan, Kosovo, Kuwait, Israel, Lesotho
    M - Z Maldives, Moldova, Montenegro, Mozambique, Mauritania, Mauritius, North Macedonia, Oman, Qatar, Saint Lucia, Serbia, Saudi Arabia, Seychelles, Sao Tome and Principe, Tunisia, Timor-Leste, Ukraine, United Arab Emirates (UAE)

Incoming allowed countries

Incoming International Credit Transfers are only allowed from accounts located in the following countries. If a country isn't on the following list, incoming transfers are rejected.

  • First letter Allowed countries for incoming transfers
    A - G Algeria, Andorra, Armenia, Aruba, Australia, Austria, Bahrain, Belgium, Brazil, Canada, Chile, Colombia, Cyprus, Czechia, Denmark, Dominican Republic, Estonia, Finland, France, Georgia, Germany, Greece, Guatemala, Guyana
    H - O Honduras, Hong Kong, Iceland, India, Indonesia, Ireland, Israel, Italy, Japan, Liechtenstein, Lithuania, Luxembourg, Malaysia, Malta, Martinique, Mayotte, Mexico, Moldova, Netherlands, New Zealand, Norway
    P - Z Paraguay, Peru, Poland, Portugal, Romania, San Marino, Singapore, Slovakia, Slovenia, South Korea, Spain, Sweden, Switzerland, Thailand, United Kingdom of Great Britain and Northern Ireland, United States of America, Uruguay, Uzbekistan

For detailed information on fees, see our article on International Credit Transfer fees. If you have further questions, submit a request to Swan Support.