What types of transfers can I make with iCard for Business?
With iCard for Business, you can send bank transfers in EUR, GBP, CHF, RON, CZK, PLN, and BGN within and outside the EEA. You can check the full list of countries to which you can send money here.
We support the following outgoing bank transfers:
- Transfers in EUR within EEA countries - SEPA and SEPA Instant Credit Transfers. All instant transfers are processed in less than 10 seconds if the recipient’s bank supports this type of payment.
- Transfers in GBP, CHF, RON, CZK, and PLN within EEA countries – SWIFT (international) transfers which usually take 3-5 business days to be processed.
- Transfers outside EEA countries – SWIFT (international) transfers. Keep in mind that we can process a bank transfer only if the recipient’s bank is located in a country part of our list of allowed countries for sending bank transfers.
- Transfers in BGN – local transfers for Bulgarian banks only. These transfers usually take 1 business day to arrive. If the transfer has been sent before 4:00 PM (UTC +02:00) on a business day, it will be processed on the same day. Instant bank transfers (blink) are available in case the recipient’s bank supports them.
Important: Please note that we cannot process outgoing or incoming bank transfers in USD currency even if you have a USD account. You will be able to send a bank transfer from your USD account in one of the other currencies we support.