How do I transfer money to a bank account (IBAN)?

You can transfer money to a bank account using the To IBAN account service in the Paynet app.

Paynet supports the following options:

• To IBAN account (Person) – transfers to individuals
• To IBAN account (Company) – transfers to companies
• Transfers in EUR or GBP

To make a transfer, you’ll need:

• the recipient’s IBAN
• the full name of the person or company
• for UK transfers, the account number and sort code

Transfers are usually processed quickly, but the exact delivery time may depend on the recipient’s bank.