Scheduled and Recurring Payments
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How does the payment arrive at the sender?
Depending on whether it is sent by SWIFT or Local will change how it is received. If local is supplied, it would be received as a SEPA or FPS, dependent on currency and location. If a SWIFT, it will be received as a Swift payment. Read more about Instant SEPA.
How fast are Payrow transfers?
GBP and EUR transfers are processed via Faster Payments or SEPA. These two systems are among the quickest and most reliable payment networks available.
Some payments can be processed almost instantly, while others may take a few hours to process. There are many factors that can influence the speed of a transaction, such as technologies used by the receiving banks, meeting compliance requirements, or the time and the day when the transaction takes place.
Payrow endeavours to process transactions as quickly as possible - you can always use [email protected] or the live chat to bring slower transactions to our attention.
In which currencies can I issue invoices?
You can send invoices in the following currencies: GBP, EUR. More questions are here.