Metro Bank Taps SWIFT for Cross-border Mobile Payments
Metro Bank has enhanced its mobile app by launching international payments for its business and personal customers. The service enables customers to make same day SWIFT and next day single euro payments area (SEPA) payments in euros, US dollars and GBP sterling to more than 38 countries.
To create a new payee, customers can either enter the payee’s IBAN to automatically generate the SWIFT BIC Code or simply input their account number. Sitting alongside the app’s domestic payments functionality, the straightforward four-step process allows customers to choose whether they or the payee cover the charges.