Switzerland

Overview

Transfer method	Local	Local	SWIFT
Supported currency(ies)	CHF	EUR	AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR
Payment scheme	SIC	SEPA Instant / SEPA*
Flight time (business days)	0-1	0-2	0-3
Maximum transaction limit	No limit	No limit	No limit
Ultimate payer displayed			Yes

* Note that if payouts > 100,000 EUR or the recipient bank does not support SEPA Instant, the transaction will be processed via SEPA with a flight time of 0-2 business days.

Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.

Local CHF payout

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	Should be `CHF`
`account_name`	2-200 characters	Account holder name of the recipient’s bank account
`iban`	21 alphanumeric characters	Should be a valid and supported IBAN starting with country code “CH”
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `CH`

Local EUR payout

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	Should be `EUR`
`account_name`	2-200 characters	Account holder name of the recipient’s bank account
`iban`	21 alphanumeric characters	Should be a valid and supported IBAN starting with country code “CH”
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `CH`

SWIFT payout

Required fields	Permitted Data	Notes
`account_currency`	3-letter ISO 4217 currency code	One of `AUD`, `CAD`, `CHF`, `CNY`, `CZK`, `DKK`, `EUR`, `GBP`, `HKD`, `HUF`, `ILS`, `JPY`, `NOK`, `NZD`, `PLN`, `RON`, `SEK`, `SGD`, `THB`, `TRY`, `USD`, `ZAR`
`account_name`	2-200 characters	Account holder name of the recipient’s bank account
`iban`	21 alphanumeric characters	Should be a valid and supported IBAN starting with country code “CH”
`bank_country_code`	2-letter ISO 3166-2 country code	Should be `CH`

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