Currencies and Countries for Bank Transfers
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    Currencies and Countries for Bank Transfers

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    Article summary

    Discover how eddy.app's comprehensive self-billing engine and bank transfer capabilities can simplify your global royalty payments. With support for local currency transfers in over 40 countries and the ability to send payments to over 150 countries using the label's local currency, eddy.app ensures efficient and accurate financial operations. Learn about the supported currencies and the regions where Wise services are currently unavailable to maximize your royalty management efficiency.


    Territories:

    With eddy.app's self-billing engine, you can collect payment data and transfer royalties to almost any country around the world. Bank transfers in local currency are supported in over 40 countries. Additionally, you can send bank transfers in over 150 countries using the label's local currency. This extensive reach means that eddy.app is compatible with any territory, except for the following blocked regions where Bank Transfers are currently unavailable: Afghanistan, Belarus, Burundi, Central African Republic, Chad, Congo, Democratic Republic of the Congo, Cuba, Eritrea, Iran, Iraq, North Korea, Libya, Myanmar, Somalia, Republic of South Sudan, Russia, Sudan, Syria, Yemen, Venezuela, and the Ukraine regions: Crimea, Donetsk, Luhansk, Kherson, Zaporizhzhia.

    Supported Transfer Currencies:

    You can send bank transfers in the following local currencies:

    • AUD — Australian dollar

    • BGN — Bulgarian lev

    • BRL — Brazilian real

    • CAD — Canadian dollar

    • CHF — Swiss franc

    • CZK — Czech koruna

    • DKK — Danish krone

    • EUR — Euro

    • GBP — British pound

    • HKD — Hong Kong dollar

    • HUF — Hungarian forint

    • IDR — Indonesian rupiah

    • ILS — Israeli shekels

    • INR — Indian rupee

    • JPY — Japanese yen

    • MYR — Malaysian ringgit

    • NOK — Norwegian krone

    • NZD — New Zealand dollar

    • PLN — Polish złoty

    • RON — Romanian leu

    • TRY — Turkish lira

    • SEK — Swedish krona

    • SGD — Singapore dollar

    • USD — US dollar

      For currencies not listed above, payees should request transfers in the label's local currency or any other available currency.

    Swift payments

    Swift payments, also known as international wires, are a type of global transfer sent through the Swift international payment network. When using Wise, you should select Swift only if you are sending USD to countries outside the US, GBP to countries outside the UK, more than 1 million JPY to any country, or EUR to banks that are not part of SEPA and countries outside of SEPA.

    SEPA payments

    SEPA payments can be done within or outside of Europe, if you have a EU based IBAN and your address is outside of the EU, you should still select “inside europe”. Only select outside europe if your IBAN is from a non europe country. The first two letter of the IBAN indicates the country code and would determine wehter to select inside of outside europe.  


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