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Transactions

International Transfers using the SWIFT banking network

SWIFT payments are a type of international transfer sent via the SWIFT international payment network for banks outside the Eurozone. This payment network is one of the largest financial messaging systems in the world and Wittix can send or receive certain currencies via SWIFT payment. SWIFT payments usually take 3-5 working days to reach their destination when they are executed from within our system. However, it is possible that they can take longer due to time differences between the sender and recipient banks, the nature of the payment, amount, details or multiple intermediary banks that can be involved with delivery.