SEPA banks and SEPA bank transfers: all you need to know

Home  >   Blogs  >  Business Tips SEPA banks and SEPA bank transfers: all you need to know SEPA banks are banks that operate within the Single Euro Payments Area (SEPA). Read on to find out more about how SEPA bank transfers work, which countries are part of SEPA and more. The SEPA scheme was set […]

What is hedge accounting?

Home  >   Blogs  >  Business Tips What is hedge accounting? Hedge accounting is a practice of accountancy that attempts to reduce any volatility created by the repeated adjustment of a financial instrument’s value. Find out how hedge accounting could be important for your business. Every business, regardless of its size or sector, is inherently exposed […]

What is an ABA routing number?

Home  >   Blogs  >  Business Tips What is an ABA routing number? An ABA routing number is a nine-digit code that identifies financial institutions in the USA. Read on to learn how they work and where you can find them. A routing number, or more specifically a US routing number, is a 9-digit number that’s […]

What details do you need for a bank transfer?

Home  >   Blogs  >  Business Tips What details do you need for a bank transfer? Whichever bank account or financial service you use to transfer your money, there are certain details you’ll need to make a bank transfer – here’s what you need to know. To help you make sure your money reaches the right […]

IBAN vs SWIFT Code: Breaking down the differences

Home  >   Blogs  >  Business Tips IBAN vs SWIFT Code: Breaking down the differences Whether you’re an online seller or small-to-medium enterprise (SME), we’ve broken down the main differences between IBANs and SWIFT codes to help you better understand them. What is a SWIFT code? A SWIFT code consists of alphanumeric characters and is a format of […]