How does IBAN Remit Works?
You can remit money from your master account in various currencies using a manual mode or an API. Satchelpay system receives API Call and makes pay-out to your clients. Pay-outs are available in different currencies
Computer games, multi-level marketing, licensed forex & gaming, financial institutions, card issuers, payroll management (salaries, commissions, bonuses), suppliers & vendors, international traders, freelancers.
Privileges for IBAN Remit users:
Instant remittance of funds
Being a SEPA member we settle Euro payments within seconds. We also do express same-day pay-outs in local currencies around the world.
Other options for money remittance.
SatchelPay is a one-stop provider for global money remittance services, offering fast payments in 34 local currencies. We empower customers around the globe to use payment methods they know and trust. We remit payments using card-to card payments (OCT) and Western Union.
Pay-outs with unique IBANs
Financial institutions can enable their clients to send funds using unique IBANs under their names.
IBAN REMIT is significantly cheaper compared with SWIFT transactions or OCT.
We enable direct payment reconciliation between our client and the beneficiary of the transaction.
Simple payment process
Our APIs reduce to zero the workload and time spent on the processing of pay-outs.
SEPA Direct Debit
SEPA Direct Debit – ideal instrument for recurring payments.
Get all benefits together
Each of your customers will pay to a dedicated IBAN of your company. Easy to track payments – all incoming transactions will be credited to a specific IBAN. Your customers will no longer need to enter specific details in payment orders. Just click on a required IBAN and instantly find the payments.