Across Europe, you make SEPA payments for commercial trade, salaries and taxes. Expanding abroad, you face the challenges of international payments in a variety of currencies and countries. How can you ensure that it runs smoothly?
BNP Paribas can always help you comply with the local requirements.
For example, beneficiary bank identification codes are usually SWIFT BIC codes but alternatives exist. In the United States, banks are often identified by an ABA routing number, while in China banks are identified with the CNAPS clearing code. Other specific information may be required, like an operation code when paying in Russian Rubles.
Discover more on this topic in the video.