To ensure all parties involved in European cross-border payments gain the benefits available from the use of IBANs, European directives have been passed to enforce their use.
With effect from 01/01/2006, you must provide the beneficiary's IBAN and receiving bank SWIFTBIC (Bank Identifier Code) for all International Payments in Euros to EU Member States (25 countries), Iceland, Liechtenstein, Norway and Switzerland in accordance with the European Directives.
You and your European trading partners may also benefit from reduced charges for payments in Euros between EU Member States if a valid IBAN is quoted in your payment instruction in conjunction with the beneficiary bank's SWIFTBIC.
You must provide the beneficiary's IBAN and receiving bank SWIFTBIC (Bank Identifier Code) for all International Payments in Euros to the 25 EU Member States plus Iceland, Liechtenstein, Norway and Switzerland in accordance with European Directives.
Just a note to send our heartfelt thanks for all your help in the weeks prior to the purchase of our house in France. The money was all deposited with the Notaire in good time so the signing of the contracts went without a hitch. We have been watching the exchange rates since and feel we were very lucky to be able to transfer the Euros when we did and thanks to you at a favorable rate. Thanx! With best wishes Nicola & Tony
Personal Clients
International business has been made so much easier since I found Worldwide currencies. Mr Tyler Betts is always thoroughly professional, trustworthy and efficient. Why go elsewhere ?
CEO
I wanted to express our grateful thanks for all your help during the transfer of funds from England to France. As I explained before I contacted you we had three weeks of difficulties in trying to get money transferred. Other firms saying they would do something and then not doing it. From the minute I first spoke with you, I knew everything was going to work out ok. I want to compliment you on your efficiency, professionalism and above all the friendly way in which you dealt with us. Once we had got over the hurdle of transferring the money from our English bank account (the bank’s fault) everything worked just like clockwork, as you had said it would. We would have no hesitation in recommending your company and in particular yourself to anyone. Kind regards Angela
Personal client
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