Please see the table below to confirm whether or not your payout bank account must be based in the same country as the customer you are collecting from is located.
Please note: In all cases, the payout bank account must be able to receive funds in the same currency as the payment is collected in from the customer e.g. for payments collected from customers based in the Eurozone, the payout bank account must be able to receive Euro (€) denominated funds.
|You can collect payments from customers in that location (through the applicable Direct Debit scheme) and be paid out to a bank account based in the corresponding Merchant payout bank account location.|
|The merchant payout bank account cannot be located in that country to receive funds from customers collected through the corresponding scheme. You will need to have a bank account based in the same country (or region if SEPA) as the customer.|
Payout bank account location requirements:
|Your (merchant) payout bank account location||Customer bank account location|
|UK (Bacs)||Eurozone (SEPA)||Sweden (Autogiro)||Australia (BECS)||Denmark (Betalingsservice)||New Zealand (BECS NZ)||Canada (PAD)|
|Republic of Ireland|
|International payouts to IBANs only||Payouts to IBANs and BBANs enabled||International payouts not yet available|