How can I receive a SWIFT transfer?

  • Updated

International transfers in euros and foreign currencies, Receiving Transfers from Around the World

 

Qonto allows you to receive transfers from most countries worldwide, in various currencies, using the SWIFT network (Society for Worldwide Interbank Financial Telecommunication).

 

What does this mean? 🤔

With Qonto, your US customers can pay you in dollars (USD), your Japanese partners can pay you in yen (JPY), and you can receive currencies like zloty (PLN) from Canada or rupee (INR) from Mexico. Of course, you can also receive euros!

 

Which currencies and countries are supported? 👉 See below!

 

Receiving Time

SWIFT transfers are typically credited to your Qonto account within 5 business days (excluding weekends and banking holidays). The exact timeframe depends on factors such as time zone differences, transfer creation time, issuing currency, and the sender's bank.

 

Please note that single SWIFT transfers are subject to specific checks based on the country of origin and the transfer amount. We may contact you for additional information before crediting the funds to your account.

 

How does it work? 🤓

To share your bank details:

 

  1. Go to Business account > Transactions, then click on Account details

  2. Click on Account details

  3. Download your bank details, including your IBAN, BIC, and BIC Intermediary Bank

  • IBAN: FR7616958000 ...

  • BIC: QNTOFRP1XXX

  • BIC Intermediary Bank: TRWIBEB3XXX

     

💡As a new player in the financing system, we have partnered with Wise transfer to ensure the smooth reception of your SWIFT transfers.

 

When receiving a SWIFT transfer, please ask your clients to mention the BIC of our intermediary bank, Wise, in addition to Qonto BIC.

 

Please note that while we handle the reception of transfers in various currencies, your Qonto account can only receive funds in euros. Any amounts received in foreign currencies will be automatically converted to credit your account.

 

👉 Good to know: all transfers that go through the USA, even if it is only an intermediary bank, have a fee of $20.

 

For more information: How much does receiving a SWIFT transfer cost?

 

 

List of accepted currencies ✅ (incoming SWIFT transfers)

AED

United Arab Emirates dirham

AUD

Australian dollar

BGN

Bulgarian lev

CAD

Canadian dollar

CHF

Swiss franc

CNY

Renminbi, Chinese Yuan

CZK

Czech Koruna

DKK

Danish krone

EUR

Euro

GBP

Pound sterling

GHS

Ghanaian cedi

HKD

Hong Kong dollar

HUF

Hungarian forint

ILS

Israeli Shekel

INR

Indian Rupee

JPY

Japanese yen

KWD

Kuwaiti dinar

MXN

Mexican peso

NOK

Norwegian krone

NZD

New Zealand dollar

OMR

Omani rial

PEN

Peruvian Sol

PLN

Polish złoty

RON

Romanian leu

RSD

Serbian dinar

SAR

Saudi riyal

SEK

Swedish krona

SGD

Singapore dollar

TRY

Turkish lira

USD

United States Dollar

XAF

Central African CFA Franc

XOF

West African CFA Franc

ZAR

South African rand

ZMW

Zambian kwacha


 

List of unaccepted countries ❌ (incoming SWIFT transfers)

In addition, there is a list of countries from which SWIFT transfers are not accepted for regulatory reasons.

 

👉 If the address of the issuing bank or the emitter, comes from one of these sensitive countries, it will be returned to the issuing bank within 5 business days.

Afghanistan

Anguilla

Angola

Algeria

Azerbaïdjan

Bahamas

Belarus

Botswana

Burundi

Cambodia

Cayman Islands

Central African Republic

Congo Republic

Crimea

Cuba

Democratic People's Republic of Korea (North Korea)

Democratic Republic of the Congo

Donetsk

Eritrea

Ghana

Iraq

Islamic Republic of Iran

Ivory Coast

Kyrgyzstan

Libanon

Libya

Luhansk People’s Republics

Macao

Mongolia

Myanmar

Nauru

Nicaragua

Pakistan

Palau

Palestine, State of

Panama

Philippines

Russia

Saint Kitts and Nevis

Somalia

South Sudan

Sudan

Syrian Arab Republic

Tchad

Trinidad and Tobago

Uganda

Vanuatu

Venezuela

Virgin Islands, British

Virgin Islands, U.S.

Yemen

Zimbabwe