Paysera to Wio

[Zikki]

I'm an old Paysera user for my company and just opened a WIO Business Account. My problem is we can't wire directly from one to the other. The error message is this currency is not supported by this country (which it is) and Paysera says that the bank is not a Target2 users and they said they will asked for it to be added to the network.

In the meantime, I'm looking to wire money in a way or another but without using my personal accounts and for an affordable fee. Any idea?

The wio bank supports EUR, AED and USD.

 

[Sols]

If Paysera is only able to process via SEPA and Target2, you might need to move the money through another financial institution (that has access to sending EUR via SWIFT via correspondent banks instead of Target2), or do the transaction in USD, to reach Wio.

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This is the probably the answer to your question.

 

[Zikki]

Sols said:
If Paysera is only able to process via SEPA and Target2, you might need to move the money through another financial institution (that has access to sending EUR via SWIFT via correspondent banks instead of Target2), or do the transaction in USD, to reach Wio.
Click to expand...

Usd doesn't work either. I don't have another company account to transit through... any transfer platform to recommend?

 

[Don]

Check SH payments
https://stanhope.group/https://sh.financial/about/

 

[JohnLocke]

@Don I hope I'm wrong and I hope I don't need to see posts in a year or two negative about this financial service.
That being said, I can see that the domain is registered as a .group domain in May 2022 - when I look at the group, it seems to me to be quite an adventure, and without prejudice or personal opinion, I must say that I am excited to follow this company.

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[Don]

JohnLocke said:
@Don I hope I'm wrong and I hope I don't need to see posts in a year or two negative about this financial service.
That being said, I can see that the domain is registered as a .group domain in May 2022 - when I look at the group, it seems to me to be quite an adventure, and without prejudice or personal opinion, I must say that I am excited to follow this company.
Click to expand...

I share similar feelings. It's a small EMI. Use with caution.

 

[Mister M]

Off topic, but which partner bank does Wio.io use for Euro settlements?

 

[Zikki]

They are using citibank if I'm right

 

[csp dubai]

i not understand diffrence betewen wio and target 2 , someone can explain?