Metro Bank keeps on digital with international payments
Metro Bank is adding international payments through personal and business accounts via its mobile app.
The new service enables customers to make same day Swift and next day SEPA (Single Euro Payments Area) payments in Euros, US dollars and Sterling.
To create a new payee, customers can either enter the payee’s IBAN to automatically generate the Swift BIC Code or input their account number.
International payments are integrated alongside the app’s domestic payments functionality, and allows customers to choose whether they or the payee cover the charges.
Paul Riseborough, chief commercial officer at Metro Bank, says: “We’re always looking for new ways to make our customers’ lives easier. Whether you want to send money to your loved ones back home or pay an overseas supplier, you can now do it with a simple tap of the app.”
The news follows the bank’s recent launch of its in-app artificial intelligence (AI) powered money management tool Insights, which is now available to all its personal mobile customers.