Thank you for visiting our Community Forum. For anything community-related please visit our SMB Network (https://www.payoneer.com/community/) or Resource Hub (https://www.payoneer.com/resources/). For support inquiries please visit http://paynr.co/ask.
Doubt about wire transfer

oliver2000
Member Posts: 1 ✭
Hi everybody, I am a little bit confused about the explanations for the different bank accounts.
I have a EU account and would like to receive payments from germany (companies) how ever I am a little bit confused about the receiving payment explanations.
One one site I got all the bank information like IBAN, Bank name and beneficial owner etc. on the other hand I read "Wire transfers are not supported"!
I am not a bank specialist but around all kind of payments in the end "Wire Transfers"? I mean if I tell my client in germany to pay to this account isnt this going to be a "wire" transfer?
What I am missing here? How can someone pay to a bank account without wire transfer? I guess i mix up words here and dont know how this works in the bank world.
I guess my question is in the end. Can my germany client with a german company bank account pay (wire?) the money to my payoneer account?
Thanks for clarifying...
I have a EU account and would like to receive payments from germany (companies) how ever I am a little bit confused about the receiving payment explanations.
One one site I got all the bank information like IBAN, Bank name and beneficial owner etc. on the other hand I read "Wire transfers are not supported"!
I am not a bank specialist but around all kind of payments in the end "Wire Transfers"? I mean if I tell my client in germany to pay to this account isnt this going to be a "wire" transfer?
What I am missing here? How can someone pay to a bank account without wire transfer? I guess i mix up words here and dont know how this works in the bank world.
I guess my question is in the end. Can my germany client with a german company bank account pay (wire?) the money to my payoneer account?
Thanks for clarifying...
0
Comments
-
I have the same question. What if someone already did a wire transfer? Does the charge get reversed?0
-
@codebubble If someone already did a wire transfer, the funds will mostly likely get rejected and reversed to the funding source of where the payment came from.
Thank you.
0
This discussion has been closed.

Categories
- All Categories
- 2.6K Getting Started
- 27 Read Before Posting
- 2.5K Meet and Greet
- 16.4K Official Support Community
- 18 News and Announcements
- 2K Popular Questions and Tips
- 14.1K Ask The Community
- 3 Our Products
- 132 Payoneer Mobile App
- 1K Industry Discussions
- 754 Freelancers
- 122 Affiliates
- 163 eCommerce and Online Selling
- 2.4K Local Communities
- 899 Payoneer in Bangladesh
- 376 Payoneer in India
- 1.2K Payoneer in Pakistan
- 14 Payoneer Mobilizers- Events and Meetups