SWIFT and SEPA transfers are two methods of transferring money between financial institutions, especially for international transactions.
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SWIFT Transfer - This is an international system for exchanging financial messages between financial institution all over the world. It allows us to send money to practically any country. A SWIFT transfer usually takes between 1 and 3 business days, although in exceptional circumstances this time may be extended.
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SEPA Transfer - This is a system that enables payments in euros within the European Union and a few other countries. SEPA transfers typically take between 1 and 2 business days, but sometimes can extend to 3 days.
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