Skip to main content

Supported payment schemes for outgoing bank transfers

Check the supported currencies and payment schemes you can use for outgoing bank transfers from Payhawk.

Payhawk avatar
Written by Payhawk
Updated this week

You can send money to external bank accounts, such as paying your suppliers, reimbursing your employees, directly from your Payhawk EUR or GBP currency account.

Depending on the currency of your bank accounts and the country or region in which your company operates, the payments will be settled according to the following payment schemes:

Country or region

Payment currency

Payment schemes

Settlement times by definition

UK & Europe

GBP

FPS

Within minutes. Up to 2 hours.

GBP

CHAPS

Up to 1 business day.

EUR

SEPA Instant

Up to 10 seconds.

EUR

SEPA Standard

(as a fallback for SEPA Instant)

Up to 1 business day.

Global

SWIFT

Up to 5 business days.

US

USD

ACH

Up to 3 business days.

Useful resources

Did this answer your question?